Techrights Congratulates Raspberry Pi (With Caution and Reservations)
TODAY we saw a lot of news about the "Pi" [1, 2] - more than yesterday or any other day. "Raspberry Pi's IPO is almost here and in its 'expected intention to float' announcement it lays out a plethora of financial data," one report said.
Companies 'go public' when they need to raise money (debt/borrowings/investment/offloading) or when they become very large. Some of them just simply sell and it's called "exit" because it is akin to a commercial surrender, but that's not what's happening here.
From what we can gather, based on open data, Raspberry Pi Foundation or "RASPBERRY PI (TRADING) LIMITED" is financially viable.
We hope that if and when the "RASPBERRY PI (TRADING) LIMITED" becomes something bigger it won't put more of Sony et al in the boardroom. It already foolishly did that with Microsoft, resulting in an outcry (following mistakes that alienated a community of enthusiasts).
I myself am a Raspberry Pi user and I hope it can stay community-centric. As a site and Gemini capsule we've run things from a Raspberry Pi for years, even IPFS for nearly 3 years (before it became too big and was offloaded to a datacentre in the US).
Raspberry Pi will "make or break" based on the decisions made in its boardroom. Ensuring no hostile elements enter that "room" is key. █