Purism (creator of FOSS friendly laptops and phones) offers buying shares of the company, reports revenue of 8M in 2022 and 5M in 2021

wiki_me@lemmy.ml to Open Source@lemmy.ml – 17 points –
Purism Announces First Public Offering on StartEngine – Purism
puri.sm
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Shady company.

Can you please elaborate on that? I thought purism is the hyped Linux brand

Was.

Some people STILL haven't gotten their Librem phones after 5 years, and the few that have weren't impressed by the phone's quality, both on the hardware and software side. Purism has also refused to hand out refunds, and the CEO has been acting suspicious.

Right now, you'd be better off buying a Google Pixel and installing GrapheneOS.

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Oh wow! Now they'll have to make sure their shareholders are profiting and happy keeping them in mind for all decisions. No worries though, they gave 'us' first shot at it! So If some massive multimillion dollar company who's sole motivation is profit comes in and buys more than we could ever really it's our fault for being poor.

What a non-scummy way to announce a public offering. Stating that we, the good people, can give them more free money while they take upward of 5 years to deliver something you may not even find valuable at that time. Will we be able to upgrade our shares in four years in order to get the updated version by paying more under vague threats that we'll recieve nothing if we don't pay up? I wonder if it'll include a bunch of proprietary firmware and software when it releases even though we all payed for a fully FOSS product? When we try to sell the share will they say "sorry, we've updated our policy, you aren't allowed to get your money back"?

Thats a harsh read. Whew. But I can see that playing out exactly like you said. How is one even supposed to keep going in this corpo hellhole of a planet?

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