• fonix232@fedia.io
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    2 days ago

    I knew them going public was a mistake.

    The Foundation did great work, because it was by enthusiasts, for enthusiasts.

    The private company, I can understand - after all money has to come from somewhere and for proper salaries etc., you need a company.

    But going public was just inviting shareholder control, and we all know shareholders only care about short term profit extraction. This is perfectly visible - earnings good so stock goes up, shareholders enjoy dividends and sell high, company crashes and goodbye RasPi.

    IIRC Arduino did the same and the only reason the brand is still alive is because Qualcomm decided to buy them up and enshittify the brand even further.