682
Raspberry Pi becomes a public company
(www.theregister.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 11 Jun 2024
682 points (98.2% liked)
Technology
59436 readers
1533 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
Whats events point of going public? Arent they making profit? Or what does it even do for then now?
Their goal shifts from making cool hardware to... money, make money at all costs to appease the shareholder devils.
In general the reasons could be, an opportunity to raise capital meaning they can ramp up production or produce a better product, and/or the current owners want to cash out.
Most of the time is for the owner to cash out. Either now, or in a short time when the ramp up is done, for more money.
More money.