this post was submitted on 30 Jan 2024
224 points (97.1% liked)

Technology

59197 readers
2815 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
224
Raspberry Pi is planning a London IPO, but its CEO expects “no change” in focus (arstechnica.com)
submitted 9 months ago by [email protected] to c/[email protected]
81 comments fedilink hide all child comments
 

The business arm of Raspberry Pi is preparing to make an initial public offering (IPO) in London. CEO Eben Upton tells Ars that should the IPO happen, it will let Raspberry Pi's not-for-profit side expand by "at least a factor of 2X." And while it's "an understandable thing" that Raspberry Pi enthusiasts could be concerned, "while I'm involved in running the thing, I don't expect people to see any change in how we do things."

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 17 points 9 months ago (1 children)

When their focus changed to more corporate aligned interests they became less cool. Victims of their own success I’d guess.

But this a politician’s answer. They just didn’t answer the question at all but implied that if we check back in 15 years we’d see that they had “our” best interests at heart.

Um no company has your back. They are all in it to make as much money as possible. I mean I don’t blame them but I don’t trust the em either.

[–] [email protected] 10 points 9 months ago

I do blame them. Success does not require obscene profit. A company like that can actually be both successful and not sell themselves out like that.

If profit is a company's only motive, then I'm sorry, but that company has no real value or purpose.