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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]

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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."

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[–] [email protected] 69 points 9 months ago (9 children)

If people think that an IPO means we're going to … push prices up, push the margins up, push down the feature sets, the only answer we can give is, watch us. Keep watching," he said. "Let's look at it in 15, 20 years' time."

What a fucking lame answer.

RasPi was cool at one time, but that time has long since passed.

[–] [email protected] 13 points 9 months ago (3 children)

Lol, right?

The sheer ego to tell your customers to reserve judgement on a massive, company changing event for over a fucking decade! Delusional.

Especially when they've been completely beat out in their market niche for ages and are now only holding on due to brand recognition. It's easy to have grass roots community support when you were the only product in your niche, but they've been coasting on that for ages with no real work to truly stay relevant.

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