Raspberry Pi is preparing for an IPO in London for likely more than $500M

ForgottenFlux@lemmy.world to Technology@lemmy.world – 551 points –
Raspberry Pi is preparing for an IPO in London for likely more than $500M
arstechnica.com
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Uh, no? It's the other way around?

According to who? You? Because the UK government says otherwise.

Raspberry Pi LTD (for-profit, founded 2012) is owned by the Raspberry Pi Foundation (non-profit, founded 2008).

https://find-and-update.company-information.service.gov.uk/company/08207441/persons-with-significant-control

Fair enough, but raspberry pi (trading) Ltd is the one that's mostly in control.

I'm not sure what you're missing here, but they are OWNED by the non-profit, which means their actions align with their owners intent.

The Raspberry Pi Foundation lived long enough to see itself become the villain. Don't make excuses for them.