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.”

  • And009@lemmynsfw.com
    link
    fedilink
    English
    arrow-up
    6
    ·
    9 months ago

    Thanks for explaining the cycle, my assumption was that bringing in board members is what ruins everything.

    • ccunix@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      9 months ago

      No, going overnight from running at a massive loss to “time to make loads of cash” is what ruins everything.