
Whew
Going public is pretty much the end of any decent company.
The trading arm of the Raspberry Pi Foundation has received a £33m investment – putting paid to rumours that the company was looking to float on the stock exchange as a means of funding growth. The Raspberry Pi project came to the public's attention back in 2011, and by the time the education-focused single-board computer …
is a phrase that worries me as it suggests handing of control/influence for money. Having said that I still see RPi institution as the best hope for the world for universal access to computation and access to the internet at an affordable price.
I'm not sure how much (if anything) Kindle lose on a reader but if we could have something like that with a keyboard and a Pi3 in it for around £100 I'd think we've pretty much cracked it.
It's a £33m investment in a company (not the Foundation) valued at £300m, so a little over 10% of the company being "sold off" to two investors. Not sure is either will own enough to demand a Board seat, but one or both may get one anyway as part of bringing not just money, but experience.