this post was submitted on 11 Jun 2024
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Raspberry Pi launches its IPO (www.raspberrypi.com)
submitted 5 months ago by empireOfLove2@lemmy.dbzer0.com to c/technology@lemmy.world
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It was nice knowing Raspberry Pi while they lasted. Going to suck losing something that has changed the homegrown embedded system hobby forever.

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[–] CosmicTurtle0@lemmy.dbzer0.com 0 points 5 months ago

Just because you are private, doesn't mean that you answer only to yourself. It depends on how the company is structured and what shares (if any) the leadership holds. In some cases it can be worse because the person who has the shares to force you to do what they want will be able to keep their position without any oversight. Boards in public trades companies are at least public.

Discord is a great example of this. They are privately held and their quality is starting to go down.