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Raspberry Pi is planning a London IPO, but its CEO expects “no change” in focus (arstechnica.com)

submitted 5 months ago by ptz@dubvee.org to c/technology@lemmy.world

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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."

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[–] experbia@lemmy.world 3 points 5 months ago

This is the same answer always given by every sell-out right before they sell out their users/customers, and it always collapses into a silent capitulation to enshittification not long thereafter.

To customers/users of a product or service, IPO should mean only one thing: Last call; FLEE NOW!