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A comment on Raspberry Pi Picks Banks for IPO, Choosing London over New York.

Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by jacquesm on Tuesday January 30, 2024 @04:39AM (#39188099)
On the one hand I'm happy they're doing well. On the other I'm very much worried that floating the stock will make it plaything of people who couldn't care less about what the Raspberry Pi and the people behind it stand for, they're just going to use the stock to make money, or, alternatively, to make trouble.

Being a listed company is a source of all kinds of distractions.

[ Parent | on HN ]
Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by stavros on Tuesday January 30, 2024 @05:11AM (#39188310)
What, you aren't looking forward to your Raspberry Pi Cloud Pro Offering subscription? How else are you going to manage your Pis, Jacques?
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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by nsteel on Tuesday January 30, 2024 @05:21AM (#39188398)
Putting them in the cloud removes the wasted drawer space. I'm all for a cloud offering.
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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by stavros on Tuesday January 30, 2024 @05:24AM (#39188421)
But what happens when it rains resistors?
[ Parent | on HN ]
Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by jacquesm on Tuesday January 30, 2024 @05:28AM (#39188456)
Cloudy with a chance of devboards?
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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by stavros on Tuesday January 30, 2024 @05:30AM (#39188465)
You know what they say, every cloud has a silver plating.
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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by jacquesm on Tuesday January 30, 2024 @05:15AM (#39188343)
No, and no idea, respectively ;)
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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by cqqxo4zV46cp on Tuesday January 30, 2024 @05:13AM (#39188326)
The people behind it evidently “stand for” making the company public, so…
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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by jacquesm on Tuesday January 30, 2024 @05:14AM (#39188339)
Yes, I'm aware of that. I'm merely wondering whether or not they realize the long term consequences of this move.
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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by dpflan on Tuesday January 30, 2024 @03:20PM (#39195198)
Well they say it will "2x" the non-profit side...not sure the time-scale on that...

""" it will let Raspberry Pi's not-for-profit side expand by "at least a factor of 2X." """

Plus, full: """

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." """

Yeah, sure, running a public company requires no changes to how things are done ... /s

- https://arstechnica.com/gadgets/2024/01/raspberry-pi-is-prep...

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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by jacquesm on Wednesday January 31, 2024 @12:46AM (#39200419)
Time will tell. The naivety in that quote is impressive.
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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by dpflan on Tuesday January 30, 2024 @03:16PM (#39195146)
There is no question a public stock becomes a plaything for sophisticated gamblers.
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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by boomfunky on Tuesday January 30, 2024 @05:37PM (#39196891)
It sure does, but also provides the company with exponentially more room for growth. As it stands they still make fast, tiny, low power computers with a large amount of community and enterprise support. They still make an in-demand product, and aren't finding difficulty in selling them. Investing in IPO's is a real gambler and suckers game to me, but in the long term this could accelerate the growth of the company greatly. Whether that leads to exciting and innovative new products from them is completely in their hands.
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Re:Raspberry Pi Picks Banks for IPO, Choosing London over Ne... by dpflan on Tuesday January 30, 2024 @06:25PM (#39197434)
The CEO stated an expectation of `<= 2x` growth for the non-profit. The entity has been around for more than a decade, and they need to IPO to 2x...?
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