On: Raspberry Pi is now a public company

[riv991]

The foundation still owns the vast majority of the company

[account42 → riv991]

And the worth of that stake is now directly tied to stock performance.

[nashashmi → riv991]

wait! The foundation sells Pis? What does the for-profit company do?

Hell, where did the foundation get its money before?

[michaelt → riv991]

Yeah, and the openai nonprofit still owns a majority of the openai for-profit company.

Turns out that doesn't mean shit.

[riv991 → michaelt]

You can argue the complete opposite point with Novo Nordisk. It's up to the foundation to use it's influence

[ActionHank → riv991]

So if the foundation makes decisions that drive stock up in the short term, they make themselves richer?

Definitely won't be abused /s

[nashashmi → ActionHank]

Maybe, but I think part of the fear behind the IPO is that some bully type investor like Icahn will do a takeover/weigh-in and mess it up, towards a profit driven enterprise.

With major ownership held by someone else, this becomes less likely.