Jeff Geerling on Rumors of a Raspberry Pi IPO
canopic jug writes:
Vlogger Jeff Geerling has an analysis of rumors of a future IPO for Raspberry Pi Trading Ltd.
But long-term, will Eben's vision for what makes Raspberry Pi change? Will there be turnover and some of the people who make the Pi a joy to use be gone?
Will the software side start leaning on subscriptions to increase revenues to make shareholders happy?
And ultimately, could Eben be replaced, and would that change things? Yes, probably, but I won't speculating about any that here. See my blog post about enshittification from last month if you wanna read more about that topic.
What I will do is answer some misconceptions I've seen about Raspberry Pi and the IPO.
The Register covered the IPO discussion the other day and while bankers have been appointed to the task, the CEO asserts that nothing will change.
"The business is in a much better place than it was last time we looked at it. We partly stopped because the markets got bad. And we partly stopped because our business became unpredictable."
"Unpredictable" is an understatement for many who attempted to acquire certain models of the computer during the supply chain crunches of recent years. "The public markets value predictability as much as they value performance," said Upton.
Previously:
(2023) Arm Acquires Minority Stake in Raspberry Pi
(2023) Eben Upton Interview on Raspberry Pi Availability Update and Painful Decisions
(2023) Raspberry Pi Produced 10 Million RP2040s in 2021, More Pi Stores Likely
(2022) 10 Years of Raspberry Pi: the $25 Computer Has Come a Long Way
(2021) Raspberry Pi Raises Price for First Time, Reintroduces 1 GB Model for $35
... and many more.
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