Wasn't it supposed to be a charity/non profit foundation? Isn't an IPO kinda the opposite of that? Or is is the fashionable thing these days to claim to be non-profit when you're young and looking for grassroots support, only to transform when there is money to be made?
Raspberry Pi Picks Banks for IPO, Choosing London over New York
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Re: Raspberry Pi Picks Banks for IPO, Choosing London over New York
#12Re: Raspberry Pi Picks Banks for IPO, Choosing London over New York
#13They've gone from a fun project and education focused company who was mostly operating under their non-profit arm to better education, to a B2B enterprise supplier with a heavy handed and sometimes outright hatred to their original user base.
For a proof of concept, pop onto their forums, create an account and make a post asking how to do something fairly basic, see how quickly you get yelled at and banned for life.
Re: Raspberry Pi Picks Banks for IPO, Choosing London over New York
#14Wasn't it supposed to be a charity/non profit foundation? Isn't an IPO kinda the opposite of that? Or is is the fashionable thing these days to claim to be non-profit when you're young and looking for grassroots support, only to transform when there is money to be made?
Re: Raspberry Pi Picks Banks for IPO, Choosing London over New York
#15Re: Raspberry Pi Picks Banks for IPO, Choosing London over New York
#16To clarify, this is Raspberry Pi Ltd (formerly Raspberry Pi Trading Ltd), a subsidiary of the Raspberry Pi Foundation (the charity). I'm curious how this will affect the foundation's mission, but I guess they are already affected by the outside investments from previous fundraising rounds.
Re: Raspberry Pi Picks Banks for IPO, Choosing London over New York
#17Ah, this may explain their abandonment of the 'hacker' community and weird hostility towards them over the last few years. They've gone from a fun project and education focused company who was mostly operating under their non-profit arm to better education, to a B2B enterprise supplier with a heavy handed and sometimes outright hatred to their original user base. For a proof of concept, pop onto their forums, create…
Re: Raspberry Pi Picks Banks for IPO, Choosing London over New York
#18Wasn't it supposed to be a charity/non profit foundation? Isn't an IPO kinda the opposite of that? Or is is the fashionable thing these days to claim to be non-profit when you're young and looking for grassroots support, only to transform when there is money to be made?
Yeah... I have major concerns about how significantly this would impact their ostensible goals. What guarantee is there that the newly publicly listed company won't be pressured by stockholders to improve the profit margins by driving up prices and reducing product quality on both the hardware and software fronts.
Isn't that what a public typical company do these days anyway? Or is there a sarcasm tone I am missing somehow?
Re: Raspberry Pi Picks Banks for IPO, Choosing London over New York
#19Ah, this may explain their abandonment of the 'hacker' community and weird hostility towards them over the last few years. They've gone from a fun project and education focused company who was mostly operating under their non-profit arm to better education, to a B2B enterprise supplier with a heavy handed and sometimes outright hatred to their original user base. For a proof of concept, pop onto their forums, create…
Why don't you just add some links rather than suggesting people spam a user forum