Technology

59390 readers

2617 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

682

Raspberry Pi becomes a public company (www.theregister.com)

submitted 5 months ago by [email protected] to c/[email protected]

171 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 30 points 5 months ago (1 children)

Raspberry Pi Holdings has always been a for-profit company. This isn't some sort of new news with them going public.

The Raspberry Pi Foundation is a separate organization that has not gone public and continues to operate as a nonprofit. In fact, the IPO was structured to raise some funds for the foundation's global impact fund.

I am not saying that the IPO is a good thing, in fact I'm pretty certain it isn't, but it's worth knowing that Raspberry Pi is two different organizations with two different missions.

[–] [email protected] 15 points 5 months ago

One is a tax shelter for the other got it.