Raspberry Pi IPO

raspberrypi.com

26 points·kieto··9 comments

Great to see charities bringing their charitable goods to the stock market.

100%. After seeing this comment, I'm shocked to learn that even in the US, apparently non-profits can issue stock (in a small subset of states anyway). What the hell is the point of owning a stock if not for profit? Just issue a donation if you want to contribute moreney to a charity. Seems very disingenuous.

RPi Holdings is not the same organisation as Raspberry Pi Foundation.

You own stock so you can tell the organisation what you want it to do, after all you are an owner of the organisation if you own stock.

Same goes for regular companies as well, the stock holders can tell the company what they want done, it doesn't have to be profit (though it pretty much always is), it can be saving the environment, going to explore space, etc.

This is a shame, the customer will now be the shareholder rather than the purchaser of the product.

Prepare for raspberry pis to make even less sense for hobbyists/consumers?

What hardware do you prefer?

Slightly tangential, but if anyone is wondering how profitable could be running a charity in the UK: https://register-of-charities.charitycommission.gov.uk/chari...

Last section shows salary breakdown for top (60k+) earners.

TLDR: Eben earns £450-500k and most probably his wife is somewhere there at £150k+

Turns out those are the total remuneration for employees at the charity and all its subsidaries (i.e. charity and commercial arms) - thats how much tech in the UK pays.

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