this post was submitted on 04 Nov 2023
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I always thought of Raspberry Pi as a not-for-profit and supported it on that basis. If the model was supposed to be like Mozilla where they have a not-for-profit and a corporation that is wholly owned by the not-for-profit, then it seems like selling out the corporation to for-profit investors runs contrary to the goals of the not-for-profit. Does anyone know why they are allowing the corporation to be sold off?
It’s not being sold off. It’s an investment. Raspberry Pi has suffered from supply shortages that could be mitigated by entering into a partnership with Arm — and which would help further its charitable goals. Sales were down by more than a quarter in 2022 due to shortages.
And Arm isn’t the only minority shareholder. Sony, which manufactures its boards in Wales, also owns a stake.
These aren’t unusual commercial decisions to secure manufacturing and supply, and therefore maximise the dividend it pays to the foundation, while retaining majority control.