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That’s my point. They are ostensibly setup to primarily be a charity even if there’s a commercial organisation buried in the business structure (like Mozilla an
by techdragon 3y ago
That’s my point. They are ostensibly setup to primarily be a charity even if there’s a commercial organisation buried in the business structure (like Mozilla and a few other corps) … while the charity is in control the mission is simple, the charity is the owner and the owners of a company make the decisions.
Shifting to publicly listed means the owners are now the shareholders, it’s rare that public shareholders have zero board of directors representation, which is why I fear this is basically going to kill everything the Raspberry Pi Foundation have worked to build … the only question in my mind is how fast this kills it, I just can’t see how this won’t result in shareholders pressuring the company into compromising in the name of raw profit or whatever else is necessary for them to raise the stock price so the investors can get some profit.
- graemep 3y agoIt depends a lot on how they do it. How large a shareholding the non-profit retains, whether it retains controls by other means such as a golden share etc.