this post was submitted on 30 Jan 2024
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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] 32 points 9 months ago

Sometimes you have to pre-suck to show investors you are serious about dismantling your company so they can feed on the corpse.