Re: rPI Goes Public

From	Pancho <Pancho.Jones@proton.me>
Newsgroups	comp.os.linux.misc
Subject	Re: rPI Goes Public
Date	2024-06-13 20:21 +0100
Organization	A noiseless patient Spider
Message-ID	<v4fgrm$2cbhf$1@dont-email.me> (permalink)
References	<WtqcncEXG8y0nPT7nZ2dnZfqn_adnZ2d@earthlink.com> <v4bisq$1hptf$1@dont-email.me> <wwvr0d0g5la.fsf@LkoBDZeT.terraraq.uk>

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On 13/06/2024 17:39, Richard Kettlewell wrote:
> Pancho <Pancho.Jones@proton.me> writes:
>> On 12/06/2024 03:00, 26xh.0717 wrote:
>>> https://www.euronews.com/business/2024/06/11/raspberry-pi-shares-rise-by-more-than-a-third-on-london-market-debut
>>> British microcomputer maker Raspberry Pi launched its initial
>>> public offering (IPO) today on the London Stock Exchange (LSE)
>>> after pricing its shares at 280p.
>>> For now, only conditional trading is allowed, which means that
>>> only some select investors will be able to trade the company’s
>>> shares, with the majority of retail investors having to wait
>>> until Friday 14 June, when trading opens for everyone.
>>> Following the IPO however, Raspberry Pi’s shares soared as
>>> high as 392p, with the company revealing that it was hoping
>>> for a valuation of about £541.6 million (€642.48 million).
>>> The Cambridge based group said on its website: “This is a
>>> watershed moment for Raspberry Pi, and the start of a new
>>> phase in our evolution: access to the public market will
>>> enable us to build more of the products you love, faster.
>>
>> Mighty white of them, while they pocket half a billion quid.
> 
> I think you’ve confused the implied valuation of the whole business with
> the amount raised, which was £166M according to
> https://edition.cnn.com/2024/06/11/tech/raspberry-pi-ipo-london-stock-exchange/index.html
> 

I may have confused the implied valuation pre and post the funds raised 
in the offering, but I didn't confuse the valuation with the funds raised.

Are you saying the £540 market valuation includes the 166M raised from 
the share offering?

My point was that The Raspberry Pi Foundation is a charity. My cynical 
suspicion is that some people in controlling positions at the charity 
have leveraged their relationship with the charity to become personally 
very wealthy. The majority of little people who contributed to the 
charity, made the Raspberry Pi a success, will not receive a 
proportionate reward.

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Thread

rPI Goes Public "26xh.0717" <26xh.0718@e6t4y.net> - 2024-06-11 22:00 -0400
  Re: rPI Goes Public Andy Burns <usenet@andyburns.uk> - 2024-06-12 07:18 +0100
    Re: rPI Goes Public Richard Kettlewell <invalid@invalid.invalid> - 2024-06-12 08:26 +0100
  Re: rPI Goes Public Lawrence D'Oliveiro <ldo@nz.invalid> - 2024-06-12 07:19 +0000
  Re: rPI Goes Public Pancho <Pancho.Jones@proton.me> - 2024-06-12 08:31 +0100
    Re: rPI Goes Public Lawrence D'Oliveiro <ldo@nz.invalid> - 2024-06-12 07:51 +0000
      Re: rPI Goes Public Pancho <Pancho.Jones@proton.me> - 2024-06-12 12:14 +0100
        Re: rPI Goes Public "26xh.0717" <26xh.0718@e6t4y.net> - 2024-06-14 09:53 -0400
    Re: rPI Goes Public Richard Kettlewell <invalid@invalid.invalid> - 2024-06-13 17:39 +0100
      Re: rPI Goes Public Pancho <Pancho.Jones@proton.me> - 2024-06-13 20:21 +0100
        Re: rPI Goes Public Lawrence D'Oliveiro <ldo@nz.invalid> - 2024-06-14 00:21 +0000
          Re: rPI Goes Public Pancho <Pancho.Jones@proton.me> - 2024-06-14 08:46 +0100
            Re: rPI Goes Public Lawrence D'Oliveiro <ldo@nz.invalid> - 2024-06-14 08:21 +0000
            Re: rPI Goes Public Richard Kettlewell <invalid@invalid.invalid> - 2024-06-14 09:44 +0100
              Re: rPI Goes Public Pancho <Pancho.Jones@proton.me> - 2024-06-15 00:16 +0100
                Re: rPI Goes Public Richard Kettlewell <invalid@invalid.invalid> - 2024-06-15 10:14 +0100
                Re: rPI Goes Public not@telling.you.invalid (Computer Nerd Kev) - 2024-06-16 09:56 +1000
                Re: rPI Goes Public Richard Kettlewell <invalid@invalid.invalid> - 2024-06-17 07:36 +0100
                Re: rPI Goes Public "26xh.0712" <26xh.0713@e6t5y.net> - 2024-06-28 00:18 -0400
                Re: rPI Goes Public rbowman <bowman@montana.com> - 2024-06-28 17:32 +0000
                Re: rPI Goes Public Bobbie Sellers <blissInSanFrancisco@mouse-potato.com> - 2024-06-28 10:48 -0700
                Re: rPI Goes Public rbowman <bowman@montana.com> - 2024-06-28 17:56 +0000
                Only you have the power (Was: rPI Goes Public) Lew Pitcher <lew.pitcher@digitalfreehold.ca> - 2024-06-28 18:00 +0000
                Re: Only you have the power (Was: rPI Goes Public) rbowman <bowman@montana.com> - 2024-06-29 07:24 +0000
                Re: Only you have the power (Was: rPI Goes Public) Lew Pitcher <lew.pitcher@digitalfreehold.ca> - 2024-06-29 12:30 +0000
                Re: rPI Goes Public Andy Burns <usenet@andyburns.uk> - 2024-06-28 21:04 +0100
                Re: rPI Goes Public The Natural Philosopher <tnp@invalid.invalid> - 2024-06-29 10:25 +0100
                Re: rPI Goes Public Lew Pitcher <lew.pitcher@digitalfreehold.ca> - 2024-06-29 12:35 +0000
                Re: rPI Goes Public rbowman <bowman@montana.com> - 2024-06-29 17:48 +0000
                Re: rPI Goes Public The Natural Philosopher <tnp@invalid.invalid> - 2024-06-29 10:21 +0100
                Re: rPI Goes Public Bud Frede <frede@mouse-potato.com> - 2024-07-01 07:10 -0400
                Re: rPI Goes Public Bobbie Sellers <blissInSanFrancisco@mouse-potato.com> - 2024-06-28 13:35 -0700
                Re: rPI Goes Public "26xh.0712" <26xh.0713@e6t5y.net> - 2024-06-29 01:02 -0400
                Re: rPI Goes Public rbowman <bowman@montana.com> - 2024-06-29 07:11 +0000
                Re: rPI Goes Public D <nospam@example.net> - 2024-06-29 22:11 +0200
                Re: rPI Goes Public "26xh.0712" <26xh.0713@e6t5y.net> - 2024-07-02 03:00 -0400
                Re: rPI Goes Public D <nospam@example.net> - 2024-07-02 11:47 +0200
                Re: rPI Goes Public "26xh.0712" <26xh.0713@e6t5y.net> - 2024-07-02 02:55 -0400
                Re: rPI Goes Public The Natural Philosopher <tnp@invalid.invalid> - 2024-06-29 10:20 +0100
                Re: rPI Goes Public Pancho <Pancho.Jones@proton.me> - 2024-06-17 00:35 +0100
        Re: rPI Goes Public Richard Kettlewell <invalid@invalid.invalid> - 2024-06-14 09:34 +0100
          Re: rPI Goes Public Pancho <Pancho.Jones@proton.me> - 2024-06-15 00:15 +0100

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