Raspberry Pi is now a public company

https://techcrunch.com/2024/06/11/raspberry-pi-is-now-a-public-company-as-its-shares-pops-after-ipo-pricing/

by mbs159 • 2 years ago

169 194 2 years ago

Hope they can keep their focus on simplicity, usability and developer experience now that they're beholden to the whims of their shareholders.

matthewfelgate• 2 years ago

I can't find them on the FreeTrade app yet :-(

matthews2• 2 years ago

Retail trading starts on Friday morning.

manojlds2• 2 years ago

How do people (retail) participate in IPOs in the UK?

mypastself• 2 years ago

I’d be interested to hear your thesis, if you’re planning to invest. Substantially increased industrial use?

I own quite a few Pis (although mini PCs have largely replaced them in my homelab), but I’m not sure why we should be expecting major growth.

drrlvn• 2 years ago

Something people often miss in threads about this:

Raspberry Pi Ltd, the public company, is the commercial subsidiary of the Raspberry Pi Foundation.

5636588• 2 years ago

A nonprofit overseeing a for-profit arm, where have I seen this before?

intunderflow• 2 years ago

Novo Nordisk would be the biggest example I'm aware of

baq• 2 years ago

IKEA?

freeone3000• 2 years ago

Mozilla

walthamstow• 2 years ago

BBC Studios / BBC America

Gormo2• 2 years ago

Plenty of places -- it's not an especially rare model.

rvz2• 2 years ago

Mozilla and OpenAI.

supertrope2• 2 years ago

The NFL used to be a non-profit with the teams paying tax on their profits. It's since changed.

karaterobot3• 2 years ago

(silently acknowledges that this is a rhetorical question rather than a brainstorming prompt)

bloggie• 2 years ago

Rolex? They take $10 of cheap metal, sell it for $10k, and use the profits to fund the charity.

wg03• 2 years ago

Sounds like OpenAI

RobotToaster4• 2 years ago

How much de facto control will they have left after selling all these shares though?

ksec• 2 years ago

Because despite the a slight shift in political tone, making profits on HN is still hugely unpopular. Even if it is a for profit under a Non-profit Foundation.

cpressland• 2 years ago

As somebody with very little understanding of the business world: why would a seemingly successful organisation like this become a public company? What benefits are there?

mschuster91• 2 years ago

Better access to external funding, for one.

mytailorisrich• 2 years ago

It allows the company to raise money and existing shareholders to cash out or at least to turn their shares into liquid ones (that they can sell easily), with a "real" market value.

In this case, the article says that they've raised $200 million, which means they sold new shares as part of the IPO.

nicce6• 2 years ago

Either they want to start rapidly growing or it is exit plan for the founders.

But if they company is very profitable already, this should not be necessary. They could still grow with complete mission-oriented way.

mbs1592• 2 years ago

I wonder what the impact would be to us (consumers) if there would be pressure from shareholders to increase profits. Will future Raspberry Pies be completely bare-bones unless you pay a hefty premium?

avsteele2• 2 years ago

If you want to raise a ton of money for expansion this is (mostly) the only way.

Draiken3• 2 years ago

You can take investment without going public. It's most likely harder, but definitely doable.

jjdhchdbeb• 2 years ago

Funding is one reason but the real one a lot of times is you hit hard legal limits on how many people are on your cap table before it’s just easier to go public. Meaning if you want to keep giving equity to employees you are almost forced to go public.

tim3332• 2 years ago

Founders can finally get their mansions.

jbaczuk• 2 years ago

I wonder how they can swing that being that it is owned by a charity

Havoc• 2 years ago

As much as I love rasps (think I’ve got a dozen or so) I struggle to see their moat.

They certainly have an edge on ecosystem and software polish but it’s pretty slim.

I’ve got a mixed k8s cluster - half rasps half orange pi…and I’m having more issues on the rasp side.

janosdebugs• 2 years ago

Name recognition? You know exactly what you get, which isn't necessarily true for the bajilion clones out there. You know that if you buy an rPi, you can buy a replacement tomorrow and it will work the same. In a world where I can't even rebuy a laptop of the same make and model a few months later that's quite the advantage.

bantunes• 2 years ago

There are a hundred outfits out of Shenzen doing what they do, but Raspberry Pi's move a lot of units because they have backwards compatibility, good support and that has fostered a healthy ecosystem over the years. If even a single Chinese outfit got the memo, they'd be out of business quickly - but they don't.

I don't understand why customer support is so hard to get right for these Chinese companies. The pervasive mindset seems to be beating others on price is enough. For the maker market Pi's are aiming for, it really isn't.

afavour2• 2 years ago

For the likes of us there isn’t really much of a moat but RPi puts a lot of effort into accessibility for beginners. Look at orangepi.org:

“We offer one-stop customized service based on open source products to shorten the path from technology to application”

vs raspberrypi.org:

“Empowering young people to use computing technologies to shape the world”

The underlying tech is very similar but the marketing and community aims are very different. If RPi can capture a solid chunk of the education market they’ll be able to dine out on that, and it doesn’t seem like OPi is equipped to do the same.

distances• 2 years ago

First impression when visiting orangepi.org with Firefox: "Hmm. We’re having trouble finding that site."

They don't have TLS enabled. Doesn't exactly promise much on the software side of the board either.

loudmax• 2 years ago

Geerlingguy did a video on this topic: https://www.youtube.com/watch?v=GKGtRrElu30

Raspberry's moat largely comes to support and compatibility. They've fostered such an ecosystem around their SBCs that they're usually the safer choice if you want to build something with any expectation of long term stability.

Now that they're public, there's no guarantee that they'll maintain this commitment. They may feel pressure to sacrifice long term success for short term profitability. We'll have to see how this plays out.

BiteCode_dev• 2 years ago

Community, branding, hardware compat and software support.

Like nvidia.

lrvick• 2 years ago

I only ever bought Pis because it was a mission focused company.

Now that they are in stock-price-go-up mode, I am inclined to buy and promote cheap clones, and I expect most will feel the same.

riv9912• 2 years ago

The foundation still owns the vast majority of the company

michaelt• 2 years ago

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

Turns out that doesn't mean shit.

ActionHank2• 2 years ago

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

Definitely won't be abused /s

nashashmi2• 2 years ago

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

Hell, where did the foundation get its money before?

account422• 2 years ago

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

louwrentius3• 2 years ago

If you need a simple home server or lab setup, second-hand 1L pc's (tinyminimicro) is a much better value-for-money.

I've a ton of Pi4s and one Pi5, but the ease of use, the simplicity of 1L pc's is - for the stated applications - a no-brainer to me.

mbs1592• 2 years ago

Or if you don't mind the larger size and you just need a home server, you can get a used NUC.

steeleyespan• 2 years ago

I used a super cheap HP Pavilion laptop that was unbearably slow with Windows, but works great as a Mint server.

Then two used/refurbished Dell Optiplex's, great deals!

JKCalhoun3• 2 years ago

Do you blow away the OS and install Linux on them?

Curious because for me the affordability of a hobbyist PC is offset by the cost of Windows.

dspillett2• 2 years ago

second-hand 1L pc's (tinyminimicro) is a much better value-for-money.

For initial purchase they certainly offer much better bang-for-buck compared to the Pi4 & Pi5, but do you have any useful links to information about relative power consumption when mostly idle?

I currently have a Pi400 (back when I bought that the Pi proper was out of stock everywhere except the scalpers charging >£150/unit for even the low RAM versions, but I found a decent deal on a Pi400 kit) running as a router/firewall with a few other small bits & bobs in containers. I keep considering replacing it with a small PC like that – my main concern being running a core bit of the home network off an SSD, though also having a bit more performance (both IO and CPU) might at times be useful too, and the Pi400 I'd like to reuse somewhere it is visible for “this is what home PCs used to be like when I were a lad” nostalgia reasons. The reasons I haven't so far (other than momentum: the 400 is sat there working quietly needing no interaction aside from the occasional update and paranoia checks of the config/log/other backups) are possible greater electricity use, and great noise if the mini-PC is not entirely passively cooled.

Waterluvian• 2 years ago

I’m happy to buy whatever satisfies my requirements. But I do anticipate the enshittification will begin.

amelius2• 2 years ago

Waiting for the next company to fill the not-yet-enshittified gap.

squarefoot• 2 years ago

I dumped them after they fought against competition by selling very limited stocks of the Zero at very low prices, possibly at a loss. They released just enough of them so that someone somewhere could always tell that they were the cheapest board available, but in fact they were pretty much unobtanium everywhere, except of course in "friendly" sites and forums where every post about the shortage was immediately replied with "I could buy one at XYZ...", where xyz inevitably turned out to be a shop with none in stock. This happened much before Covid19 and chips shortage hit the market, in fact competition had cheap alternatives in stock and I could buy some NanoPi and OrangePi, but the RPi had much better press. I'm considering to make an exception for the Pico for being a really interesting product, but my last Linux RPi has been the 4 and I don't plan to go further.

Gormo2• 2 years ago

What you're describing sounds like ordinary supply chain difficulties, with no indication of any nefarious intention.

afavour2• 2 years ago

So they sold all the available stock they had as soon as they got it, at a reasonable price… and that made you dump them?

jbaber2• 2 years ago

Before the pandemic, I picked them up for $5 regularly at our local friendly computer store. They even had 0w's for $5 as a gimmick (they were supposed to be $10) with purchase limit of 2 or 5 (can't remember). I'd just pick up a couple every time I went to that store. I've got a sandwich bag full of them now.

I think it was very much the supply chain snags of pandemic that made them get weird high prices everywhere.

cptskippy• 2 years ago

So your assertion is that Raspberry Pi was using a Zero as a loss leader AND that it was out of stock. And some how this was enough to stifle competing products? And the competing products you've cited all have "Pi" in the name because they only exist to fill the gaps that Raspberry Pi products don't fill. For example the NanoPi is a Zero competitor that differentiates itself by having Ethernet.

Raspberry Pi dominates the market because it was the first to enter it and provides a limited product catalog that has limited churn with comprehensive support and regular software releases. The same cannot be said for it's competition which historically offered horrible software support land quickly iterated on products meaning that support generally only existed for the very latest.

gambiting• 2 years ago

I know it's an anecdote, but I found out about them bundling the Zero with a Raspberry Pi magazine here in the UK few days after it launched, and I was able to pop down to my local tesco and grab a copy(and it wasn't the last one either). Since then I bought a dozen more for various projects around the house and it's never been a problem, Pimoroni or the Pi Hut always have some.

nicce6• 2 years ago

There area already some privacy concerns. New Sony chip is likely embedded for future devices to enable edge processing.

Metadata of some processing will start leaking to external cloud whether you want it or not.

https://www.engadget.com/sony-investment-will-put-ai-chips-i...

https://aitrios-promo.wpp.developer.sony.com/en/services/edg...

gjsman-10005• 2 years ago

That’s not built in to the Pi, and is way too expensive. It will almost certainly be a HAT. Complaining about this shows ignorance.

amelius2• 2 years ago

Add to that their patent of the PIO ports implementation, and I stopped being a fan.

gjsman-10005• 2 years ago

You’re assuming that without a patent, the RP2040 wouldn’t immediately have counterfeits flooding the market without any hope of legal action. This has happened with the ATMegas, this has happened with the ESP32s, this has happened with the STM32s, it’s a valid concern. You’re also assuming there wouldn’t be legal-ish pseudo-compatible clones, like the GD32 clone series of the STM32.

mikae1• 2 years ago

I expect most will feel the same.

I expect most won't care or even notice. Company ownership is probably not that important to the average consumer. They care about great hardware support and a good "ecosystem" of accessories.

Draiken3• 2 years ago

If the consumers were non tech people, I'd agree. But isn't this a product aimed at hackers and tinkerers?

I know the first thought that came to my mind was: damn, I'll have to find new hardware when my Pi dies.

creshal• 2 years ago

They'll start noticing once the enshittification begins and expensive but hard to KPI-ify things like QC and documentation quality get optimized away.

manojlds2• 2 years ago

So what are some good alternatives?

le-mark• 2 years ago

My understanding that as of a couple of years ago most of the “clones” had various issues from pcb layout bugs causing ddram access issues, to poor documentation and poor Linux kernel support. Also availability was often a challenge. Getting a product that just works and is well supported by a community is worth a lot imo. Especially for hobbyist, less so if it’s one’s full time job, but then why are you using these things?

geokon• 2 years ago

My impression is that the coming generation of chips are going to be completely integrated RiSCV chips with RAM integrated on one package. Akin to a microcontroller but that can run Linux.

Something like the SG2002

Ex: LicheeRV Nano

https://www.cnx-software.com/2024/02/08/licheerv-nano-low-co...

This is sufficient for "automation" hobby projects. You get the full Linux/OS creature comforts without the hassle of doing Arduino or Mircopython.

If you want a full desktop experience (or a project with video output) on a SBC it's probably easiest to go for a Intel SBC

RPi is getting squeezed from top and bottom price brackets

alias_neo2• 2 years ago

I've been looking into alternatives to the Zero 2W because I need something in the same form factor with more (processing) power; something closer to the Pi 3B+ or better.

My conclusion is that although there is some nice hardware out there on paper, the poor circuit designs and atrocious software support mean anything I can get that meets my requirements will be an absolute nightmare; and I'm a software engineer of 1.5-decades with an Electronic Engineering degree, so the bar is high for something to be too-much-effort.

Take the Radxa Zero 3W[0] for example; the WiFi doesn't work properly, GPU acceleration doesn't always work, the OS images are out of date and don't always boot, when it does there are power issues, thermal issues, performance issues. No Debian 12 expected until H2 this year, if lucky; Android OS images are Android 9 (we're on what Android 14-15 now?).

[0]https://forum.radxa.com/c/zero

cqqxo4zV46cp2• 2 years ago

This “a company is great until it goes public, then it is guaranteed to be crappy” mentality only displays a lack of understanding of how ownership structures work. It is more nuanced than what you are making out. An incredibly over-simplified view bred by the knowitall “fuck MBAs” attitude on HN lately.

piva00• 2 years ago

Do you have examples of companies that improved on their mission and values after going public?

gjsman-10005• 2 years ago

knowitall “fuck MBAs” attitude

I love HN, but this is insufferable behavior. I also believe it’s why, despite our screeching, we accomplish absolutely nothing. You can’t accomplish anything when you’ve burned all bridges and then yelled “screw you.”

quickslowdown• 2 years ago

It may seem dramatic to worry about the future of Raspberry Pi now that it's public, but I personally have seen enough mission driven companies go public, and have observed what happens when profit becomes the primary goal. You'll have to forgive me for seeing this as the beginning of the end of a beloved hobbyist SBC company. I expect the next few generations to be just fine, but eventually shareholders will start to squeeze, and the "profit above all else" mentality infecting public companies will set in, and then the enshittification begins.

I'll be looking around at other SBCs, but I'm hapoy enough with my current RPi boards, just no longer confident I'll be happy with then in the future.

jovial_cavalier3• 2 years ago

An IPO is a cashout. It's almost always certain that there are many key players in the company who had stake that no longer do. This is not a "fuck MBAs" thing. It is much harder to keep a business aligned with its initial purpose (and even customer interests) when it is public.

bloqs• 2 years ago

Could you help me change my mindset with some good examples to the contrary?

rc_mob• 2 years ago

google "enshitification"

avsteele2• 2 years ago

Do they not have a fiduciary responsibility to their public shareholders now that they did not before?

If a random company with a very different mission (say, Intel) comes along and offers to purchase the company at a decent share price premium they pretty much have to take it, right?

sensanaty• 2 years ago

I can't think of a single company that went public that has improved rather than massively regressed. Could you name one of these unicorns?

lenerdenator2• 2 years ago

I too worry about enshittification, but let's step back here. When you're talking about a price difference that can be made up in a few hours of work, the extra cost can be easily justified, because of the Raspberry Pi's secret sauce.

The secret sauce allowed me to search the web for guides on what I wanted to do and have a template to work from. Not having to spend potentially hours or days of my free time figuring out some obscure Linux issue or driver support problem made up for the extra cost of the board.

The secret sauce was always the documentation and software support, and if the cheap clones can master that, then the boys in England have a real problem, but that remains to be seen. A lot of that comes not from cost savings inherent to microcomputer technology, but because of the dedication of people who know how to communicate to software engineers and hobbyists.

My hope is that most of the price increases apply more to their industrial computing products than their hobbyist ones.

JKCalhoun3• 2 years ago

It sounds like you would be okay with a Pi clone though?

Like the OP, I have avoided the clones in the past because I wanted to reward the company that were "cause-driven" to do this. I too am less inclined now though.

bayindirh4• 2 years ago

I expect most will feel the same.

I buy Pis because of their support, stability and out of the box experience is far superior to other cheaper clones. I have tons of cards which are paperweights without Armbian or self-rolled distributions, and even them some are feature-capped because of kernel-dependent closed source modules or out-of-tree drivers.

I can still download and install a recent version of RaspberryPi OS to my Raspi 1, customize the image even before it touches the SD card, and remove the card and install to a more recent Pi, and continue working.

More importantly, I can upgrade OS from version to version (Armbian doesn't support this, and they say it explicitly for example).

OrangePi, Radxa and Asus failed on all these fronts. I still peek and poke OrangePi 5B's Debian image since I can't trust them blindly, but can't use its AI and video (rendering/encoding) accelerators without its official image.

Oh, and my OrangePi Zero always crashes within a day or two if I don't practically disable its frequency scaling capability via governor. Even a good cable and adapter which can run a Raspi 3/4 without any hiccups can't make this postage stamp sized thing happy and stable.

P.S.: For everyone who thinks RaspberryPi brand and hardware will be enshittified: I'm not saying that it won't happen. What I'm saying is, let's watch how this moat evaporates, and who passes (said moat) and replaces them on their hill.

Hizonner2• 2 years ago

Well, you can expect all of those superior things to start going to hell in about a year or two. The enshittification will begin.

ActionHank2• 2 years ago

Support and stability will go down, they will cut support roles to drive profitability and they will release multiple variants of the same board to saturate the market so hardware support will get dicier. They may even roll their own distro as a way to capture the market.

When a company lists they switch from being customer focused to being share-holder focused. They will do anything and everything to make number go up.

ThatPlayer• 2 years ago

Similarly my Orange Pi 4 (not the 4B or 4 LTS) no longer gets new images from Orange Pi themselves. Armbian's images had an issue with display out on the board for at least a year. I haven't checked if it's been fixed. And that's with a RK3399 which is basically mainlined in the Linux kernel.

127• 2 years ago

I use the Pis because the ecosystem and documentation. I tried using clones but they're often horrible when it comes anything outside the direct hardware. Also they have a ton of competition. Jumping back to STM32 is pretty trivial if you use open toolchains.

moffkalast3• 2 years ago

I am inclined to buy and promote cheap clones

Are you also inclined to support and develop kernel and OS level software for them? Because the lack of good support is why they remain woefully noncompetitive despite the lower price.

yjftsjthsd-h• 2 years ago

https://libre.computer/ sells SBCs that run mainline linux and boot with UEFI, which is better than Pis could ever say.

aswanson• 2 years ago

I want to move to radxa and orange pi but the community & documentation are lacking, along with the sourcing from China.

jasomill2• 2 years ago

The Raspberry Pi Foundation put out a statement[1] on the IPO and how it relates to the mission.

In 30 words,

instead of receiving a share of the company’s profits each year, we will convert some of our shareholding into an endowment that we will use to fund our educational programmes.

While it remains to be seen how the IPO will affect future Raspberry Pi products, it's hard for me to argue against the Foundation diversifying its investments, especially in light of growing competition from cheap clones.

[1] https://www.raspberrypi.org/blog/what-would-an-ipo-mean-for-...

meindnoch• 2 years ago

And... this is... good? :-/

koolala• 2 years ago

they have been... sold... out...

wirthjason• 2 years ago

The words “public company” often carry a negative tone but ownership rules are complicated. It doesn’t mean much until you know the specifics. For example a non-tech example of a publicly owned corporation that people might not think of is the Green Bay Packers.

https://www.profootballnetwork.com/who-owns-the-green-bay-pa...

jasomill2• 2 years ago

Another tech example of a charitable foundation funded by for-profit subsidiaries (both wholly-owned and publicly traded) is the Carl Zeiss Foundation[1].

[1] https://www.carl-zeiss-stiftung.de/en/

bobmcnamara• 2 years ago

Now we're never going to get better documentation /$.

kevindamm• 2 years ago

Be the change... /¢

neilv• 2 years ago

This model has been a mixed success for Mozilla and OpenAI.

The TechCrunch article is speaking only of it like any other commercial investment opportunity.

Where's a good writeup of charity/non-profit mission concerns about this commercial subsidiary?

(Example from early on in Raspberry Pi history: There were concerns about pragmatic compromises of open source or libre software principles that the RasPi made, so that they could use the closed-software Broadcom SoC, presumably to deliver an otherwise good education-oriented SBC at a price point that made it accessible and got uptake.)

secfirstmd• 2 years ago

Sadly Mozilla is essentially a company that survives on a Google handed, given by the big G to reduce any risk of anti-trust.

MagicMoonlight• 2 years ago

I love that certain people get to buy and sell it before the public can. It’s just a fairer way of doing it.

adamtaylor_13• 2 years ago

"Step aside Tommy, let the _MEN_ handle this."

But yeah, kinda wack.

nickpeterson• 2 years ago

yep, the stock market is truly an example of fair and ethical policies.

Foivos• 2 years ago

I cannot find the stock ticker symbol. I am aware that they are not publicly traded yet, but the ticker should be known already, right?

swarnie• 2 years ago

Raspberry Pi Holdings PLC (RPI.L) LSE

Trading since yesterday.

redleader55• 2 years ago

LSE:RPI

https://www.londonstockexchange.com/stock/RPI/raspberry-pi-h...

dschuetz• 2 years ago

public company = money milking machine. so long, and thanks for all the pies.

andrewstuart• 2 years ago

Intel N100 already is a better option for many user cases of Raspberry Pi.

404mm• 2 years ago

I agree. I upgraded from pi 4 to N100 with 16GB RAM and 512NVMe SSD for about $145. And it included a case and power adapter.

wg03• 2 years ago

This is high time for a group of individuals to bring a RISC-V SBC with a tweaked Linux distribution along with it to fill the gap and... later get to IPO.

gjsman-10005• 2 years ago

RISC-V is still way too slow, and even then, there’s this stupid misunderstanding about RISC-V and open source.

RISC-V means only that the instruction set is open source.

It does NOT mean:

- There are open source drivers

- The chip design is open source

- The chip design is not patented

- The software is not patented

- The chip has no proprietary additional instructions

The NVIDIA firmware blob and drivers could run on RISC-V right now with no practical benefit to you. The ISA being open source does mean that open source CPU cores can exist, but no chip is required to use them.

freedomben• 2 years ago

Being an open ISA is still hugely important though, and a big improvement over the status quo. Don't let perfect be the enemy of good.

The ISA is arguably the most important thing to have open, and the hardest to get open since it is the thing that requires the most coordination between so many disparate and disinterested entities.

Today we celebrate an open ISA, tomorrow, being enabled by the open ISA, we'll be able to celebrate the next iteration of open, until at some point we get fully open.

jovial_cavalier3• 2 years ago

The Raspberry Pi used a broadcomm CPU... are you telling me that's open hardware?

Is there any SOC chip that is totally open with no proprietary features??

wg03• 2 years ago

Yeah, that's the whole point. Have your own CPU cores. As for slow, Rasberry Pi class of machines are not meant to compete with Intel/AMD server grade. That's for enthusiasts (with even if 40nm process) and has to be cheap.

All drivers are not needed, nobody is expecting to do triple 5k displays at 120FPS. Basic WLAN, Ethernet, Bluetooth and basic display capabilities around HD even at 30FPS are good enough for that market.

As for open source, you as a computer architect, can't even make your own SoC that is on x86 or ARM without paying royalties and spending lots of money upfront.

Not so with RISC-V so I guess you'll see lot more RISC-V in future.

This time - 20204 is the 1999 of RISC-V if you want to borrow a precedent from Linux's rise as defacto OS on server side.

minetest2048• 2 years ago

The NVIDIA firmware blob and drivers could run on RISC-V right now

They actually do... Nvidia GSP runs RISC-V: https://www.techpowerup.com/291088/nvidia-unlocks-gpu-system... which furthers prove your point

qzx_pierri• 2 years ago

I'll make the logo

awinter-py• 2 years ago

arduino is the other name in this space + has been making interesting moves; their industrial / PLC offering has gotten very serious in the last few years and they are ahead of pi on the cloud front (though open question whether either of them will do well in cloud; their customers are too savvy + nimble for a lock-in play)

arduino is approaching the business bottom up (tiny well-known chips), pi top-down (it's just linux with some GPIO pins)

also have competitors at the margin like nvidia (who could legit own 'iot edge AI' if that ever even matters) + waveshare, the off-brand pi manufacturer who remarkably has way more pi-compatible devices than actual pi

excited for IPO if it means the #1 linux board finally supports suspend-to-ram

web3-is-a-scam2• 2 years ago

I can’t even get their product anywhere at a decent price, why should I invest in this company?

cqqxo4zV46cp2• 2 years ago

It doesn’t sound like you invest, then.

You’re describing a product with well known stock shortages that have, in floating, unlocked a bunch of capital which can among other things help them scale their production to meet demand.

That sounds like a good thing both as a shareholder and as a consumer.

web3-is-a-scam2• 2 years ago

How am I supposed to know if something is worth investing in if I can’t even use it? A pinky promise that maybe I’ll be able to get one someday isn't a good deal. I want to know what I am getting when I put my money in. Maybe if I was a VC and that’s what they were begging for my money for, but as a retail investor the value proposition is basically nothing.

The company markets itself as an educational tool, but 70% of its sales are industrial? Like I get “bringing low cost computers to everyone” feels and sounds good in press releases but when the business actually focuses on something different - that seems counterproductive to their stated goal - what am I supposed to take from that?

TheNewsIsHere• 2 years ago

I am concerned that ultimately whatever supply chain and manufacturing improvements they see from raising this capital will benefit their commercial/industrial customers more than their non-profit/educational/enthusiast customers. I'm not asserting that will happen, but I'm concerned it will.

Where I am it has been next to impossible to order a non-kit model of Pi released within the past several years since at least mid-pandemic.

I started buying up SFF Lenovo boxes on eBay, which I've been somewhat happier with since I never used some of the Pi's standout features like GPIO.

karolist• 2 years ago

I never quite got the appeal of Rpi's. When I needed a silent low power home server box 10 years ago I went with Intel Atom x86 based board which supported virtualization and had expandable memory. When I needed a small low power box for and observer node this year I bought a Dell Wyse 3040 for 40€, also x86. If I wanted a general purpose PC I'd still go with a NuC or Minisforum these days.

navaati• 2 years ago

None of these have GPIOs, typically. A usecase you didn't mention is "I want a MCU to do electronics but easier to program, with Linux and a shell".

bane2• 2 years ago

Just get a usb to gpio adapter. Arduinis can be flashed to do this also. So it's just a few dollars to get the capability on a PC.

flak48• 2 years ago

Do any of the alternatives you've listed expose GPIO pins ?

Zenzero• 2 years ago

It's marketing. For someone like me with little familiarity of the mini computer and microcontroller world, I know about raspberry pi and arduino. I know there are many others out there with likely better value and quality, but the perception of accessibility to a newbie drops off of a cliff.

mattl• 2 years ago

I’m guessing that 40 Euro price isn’t MSRP but some discount on a used one?

RobotToaster4• 2 years ago

Yes, but there seems to be a pretty reliable supply of used thin clients. I have no idea who still buys new thin clients, but whoever it is must replace them regularly.

RobotToaster4• 2 years ago

For a lot of stuff it just comes down to convenience, there's community projects that are primarily distributed as raspi sd card images (home assistant and octoprint come to mind).

brainzap• 2 years ago

Goodbye quality

rvz2• 2 years ago

Time for some Raspberry Pi executives to cash out their millions and dump it all of retail before the semiconductor crash beings.

dukeyukey• 2 years ago

Since RPI don't design nor manufacture semiconductors, but use them in the product they do sell, surely a crash would benefit them?

joshstrange2• 2 years ago

When the first Raspberry Pis came out I was in love. It was incredible, a full (headless) computer that was small and cheap. I played with it for a while but never had a great long-term use case for it. I bought pretty much every Pi up to the 4, always trying to find a place it could occupy in my life but never really managed to find a good use.

I ran Home Assistant on a 3 then later on 4 (with a super nice case, NVME hat+stick, etc) but HA was not super stable. I, wrongly, blamed it on the HA software for a long time then I bought a Beelink mini computer and moved HA to it and I have literally not thought about HA since, it's worked flawlessly.

Maybe I had bad luck, maybe I happened to get 6 (I had multiple of certain Pis) defective boards but they always felt "unstable" to me. They might run fine for months then randomly need to be rebooted. I'm sure some of you will say "I've had a Raspberry Pi 1 running constantly since I bought it and it's rock solid", good for you, that was not my experience.

During COVID (maybe before as well) it came out that the company was prioritizing bulk sales over sales to individuals (or rather sales to companies that resold to individuals) which soured me. This news just further confirms my belief that the company and product I loved is dead and probably has been for some time. It was nice while it lasted.

BillFranklin• 2 years ago

I think they were trying to stop resellers price gouging during the chip shortage crisis. On ebay you could buy Pis for well over what they were available for on first-party sites (just like PlayStation 5s!).

As a counterpoint, they let me buy Pis as an individual, but I had to send in a picture of myself with a dated piece of paper like a Reddit AMA to prove I was legit.

FWIW there are Pi alternatives without the branding, but usually for the super low price point mini-PCs you are after you need to go to China to firms like Beelink...

jovial_cavalier3• 2 years ago

They could have just raised the prices for individual customers themselves instead of creating a massive opportunity to price gouge.

Prioritizing bulk orders sounds like they just didn't want to be the front-end.

simcop2387• 2 years ago

Maybe I had bad luck, maybe I happened to get 6 (I had multiple of certain Pis) defective boards but they always felt "unstable" to me.

I've never had bad boards but I've had similar experiences like this, it's always turned out to be a power supply issue, or a counterfit sd card. Can't say I know what your experience will be but those are the places I'd look at first before the board.

During COVID (maybe before as well) it came out that the company was prioritizing bulk sales over sales to individuals (or rather sales to companies that resold to individuals) which soured me.

If you go watch some of the interviews on this, it was a combination of things:

1) Supply chain issues, like everything during COVID, they couldn't keep up manufacturing capacity.

2) They weren't favoring resellers, but were favoring "industrial" or "commercial" (whatever you want to call them) customers because of pre-existing contracts that they had to fulfill or it'd kill them since they'd have to pay fines or deal with contract disputes. Since it was more guaranteed revenue it also helped them keep the lights on without just shutting down at the time too.

Still didn't feel great either at the time, but I'd say that the way you put it reads as mis-charactarising what happened as being a purely profit motivate thing.

moffkalast3• 2 years ago

Sounds like problems with the sdcard, and that really is a problem. If your OS is not read-only (which isn't a simple or practical setup) it'll eventually wear out from constant logging and die. That might be part of the instability you saw.

So far the solution for long term stability is either that or to get a USB/PCIe NVMe instead. eMMC would be a good solution which is why nearly every single other SBC manufacturer supports it, but of course the Pi foundation stubbornly refuses to touch it because...?

Maybe just to annoy us.

joshstrange2• 2 years ago

I thought so as well, that's why my latest RPi setup used this case [0] with this [2] expansion board. I still had instability. I didn't cheap out on the SD cards I bought either. I threw lots of money at a "cheap" board to try to improve reliability but just never got there.

[0] https://www.amazon.com/gp/product/B07WP8WC3V/

[1] https://www.amazon.com/gp/product/B08MHYWJCP

pjmlp• 2 years ago

Now they are just as the boards that predated them like the Beagle Board.

RobotToaster4• 2 years ago

I’m surprised it lasted this long. It was always kinda just a marketing gimmick for broadcom that got out of hand.

ZuLuuuuuu• 2 years ago

What is the reason they are going public? Are they trying to raise money for new products/services that are otherwise not possible? If yes, do we have an idea what kind of products/services?

bane2• 2 years ago

I think it's important to consider some of what Raspberry Pi's mission [1] and how they have kept and/or swayed from that.

Short version, the Foundation was established to support the education and development of skilled technologists (subtext: in the UK). It came from the observation that enrollment in Computer Science courses was dropping, and that the kind of accessibility and hack-ability of previous technologies was becoming less available to people with potential interests. Inspired by previous UK efforts like the BBC Micro (and other 8-bits), and other concurrent educational efforts, they decided their niche was going to be cheap, single board, all-in-one computers.

What I really respect from the RPI folks is that they've really tried to focus on building a viable UK-based technology company - as much as possible, without being zealots about it. That's their unstated mission, to revitalize the U.K.'s technical capacity:

- Based on an ARM processor, a British company

- Has tried to keep as much manufacturing as possible in the U.K. (Sony UK Technology Centre)

- Went public on the London Stock Exchange

All that being said, I feel that they've deviated a bit from this as their primary mission. During COVID when supply chains were messed up, Pi manufacturing and shipping was prioritized to large scale buyers, where the supply then seemed to end up in industrial use-cases instead of the hands of people learning. I've heard an argument, which I do think is valid, that getting a familiar tech stack into industry provides an on-ramp into jobs to the same people who had learned how to do technology on those same Pis. But there's now at least a 2 or 3 year gap where new people couldn't really onboard into the ecosystem because of availability and cost.

The second challenge is the Pi 5. I do think that expectations were simply too high here and the community was expecting basically a usable desktop with fast PCI lanes and gobs of memory for $35. What's delivered is amazing, but once you build it into a "desktop", you may as well have just bought a cheap intel desktop. And that I think is the real existential problem for the Foundation today.

If I were the Foundation, post Pi 5, I would be looking very seriously at alternative form factors as the future. The CM line and HAT concept has been very successful, the hackability of Pis have been amazing. Perhaps there are ways to make the concept even more modular, or more hackable. Maybe offer baseline RAM amounts soldered on, but upgradability with new modules? Make other wireless technologies a core part of the offering (HAM Radio/BTLE/4G/LTE/LoRA, etc.)? Tap more into the 3D printer space with readily available mounts and housings that provide sufficient cooling and airflow. Ready-to-go cluster computing variants, why not mini-Blade-likes using Compute Modules?

What ways can the core Pi technologies expand in order to serve their primary mission and expand the ways that people can learn about technologies?

Perhaps they're thinking the same thing and this is why they need to raise more money?

1 - https://static.raspberrypi.org/files/about/RaspberryPiFounda...

seba_dos1• 2 years ago

Bye bye, Raspberry Pi.

rldjbpin• 2 years ago

for context: just upgraded to pi 5 after owning the original for over 11 years and still in service!

i get that for most people reading this, rpi has been about a cheap computing platform to run containers at home. personally, i thought all that was a byproduct of a larger goal of making computing accessible.

however, past five years seems to me that the foundation is side-stepped for commercial ambitions. i think that rp2040 is an excellent platform and evolution of promoting tinkering. every other design decisions no longer seem aligned with the goal of accessibility. till this day, unless you live in cambridge or near a micro center, getting one is still down to trusting resellers.

before the design would go out of the way for compatibility (see composite video), and the only things that would stand out was stuff like hardware codec licensing. now, there are so many weird decisions, like micro-hdmi and needing a specific power supply and cooling to use the latest pi optimally (i had an issue with usb boot out of the box while using a standard 18w charger).

whether you put it all down to inflation, getting started from scratch with rpi might still be remotely in the ballpark of buying a toy if you go for several year old models. when i bought my first pi, i was too scared to try its gpio pins because of the fear of bricking it. now with the new one and the official case that hides them away, you can forget tinkering with that.

now it seems that rpi is now more aligned to our audience than tinkerers. now with the "AI kit", and other decisions, it is hard to believe that the foundation and its original goals are going to be a major focus going forward.

Raspberry Pi is now a public company

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