Technology

59587 readers

5279 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

Raspberry Pi becomes a public company (www.theregister.com)

submitted 5 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

158 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Mandy@sh.itjust.works 0 points 5 months ago (3 children)

Whats events point of going public? Arent they making profit? Or what does it even do for then now?

[–] llii@discuss.tchncs.de 0 points 5 months ago

More money.

[–] 0x0@programming.dev 0 points 5 months ago

Their goal shifts from making cool hardware to... money, make money at all costs to appease the shareholder devils.

[–] Oaksey@lemmy.world 0 points 5 months ago (1 children)

In general the reasons could be, an opportunity to raise capital meaning they can ramp up production or produce a better product, and/or the current owners want to cash out.

[–] Croquette@sh.itjust.works 0 points 5 months ago

Most of the time is for the owner to cash out. Either now, or in a short time when the ramp up is done, for more money.