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To clarify, this is Raspberry Pi Ltd (formerly Raspberry Pi Trading Ltd), a subsidiary of the Raspberry Pi Foundation (the charity). I'm curious how this will
by larschdk 3y ago
To clarify, this is Raspberry Pi Ltd (formerly Raspberry Pi Trading Ltd), a subsidiary of the Raspberry Pi Foundation (the charity).
I'm curious how this will affect the foundation's mission, but I guess they are already affected by the outside investments from previous fundraising rounds.
- jt2190 3y agoFor an example of the long-term effects on mission, you can study Kellogg’s (the cereal company) which has been a for-profit public company (Kellogg Company), with a trust as the majority shareholder (W.K Kellogg Foundation Trust), and sending profits to to a non-profit charitable organization (W.K. Kellogg Foundation) since 1934.
- nottorp 3y agoWhy not look at OpenAI? A non profit owning a for profit thing which is also in bed with Microsoft and the waters are basically very dirty...
- stavros 3y agoAnd for the results of this, I didn't even realize Kellogg's had a charitable arm until now.
- thinkingemote 3y agoA few (many?) breakfast cereals were started by religious charities in America. Quaker being most obvious via the name. Kellogg's origin was seventh day Adventist I think. I think there was a religious component to health foods at the time. But not sure why. One popular and possibly inaccurate reason was that bland vegetarian foods decreased the bodys animal nature.
- stavros 3y agoThat makes sense, but, as far as I know, the charity arm might as well be nonexistent compared to the arm that aims to get kids addicted to sugar.
- mschuster91 3y ago[dead]
- pmyteh 3y agoThere's never been a direct link between Quakers and the Quaker Oats people, for whatever it's worth - it's always just been a brand. The reason is reputedly that Quakers had a reputation for honesty in business, but I don't know if that's historically accurate.
- ac29 3y ago[dead]
- rasz 3y agoIKEA is a rather famous "non profit". Patagonia recently became another "non profit" for tax and inheritance purposes.