Eben Upton says hobbyists remain "incredibly important" while he's involved.

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.”

  • someguy3@lemmy.caEnglish
    0·
    7 months ago

    When they are private they still have shareholders, the shares are just not available to the public. When it goes public is when some of those private shareholders want to cash out. So they drive the fundamentals however and sell the stock over the next years.

    • iknowitwheniseeit@lemmynsfw.comEnglish
      0·
      7 months ago

      I believe that being publicly traded means that you are obligated to maximize shareholder returns, whereas a privately-held company can have literally any goals, as long as it pays taxes and follows the law.