Raspberry Pi IPO Set To Raise $689 Millionwww.raspberrypi.com/news/raspberry-pi-ipo/
749 sats \ 6 comments \ @0xbitcoiner 11 Jun news
Today, we’re proud to announce that Raspberry Pi has listed on the London Stock Exchange, as Raspberry Pi Holdings plc.
This is a watershed moment for Raspberry Pi, and the start of a new phase in our evolution: access to the public market will enable us to build more of the products you love, faster. And the money raised by the Raspberry Pi Foundation in the IPO will support its ambitions for global impact in its second decade; for more on what the IPO means for the Foundation, check out Philip’s blog post here.
👀 https://www.londonstockexchange.com/stock/RPI/raspberry-pi-holdings-plc/company-page
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22 sats \ 2 replies \ @zx 11 Jun
I feel IPO is somewhat a misnomer as the retail public have nothing offered for the first week while the price pumps, but yeah, would be good to see a sustained growth in Pi.
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7 sats \ 1 reply \ @0xbitcoiner OP 11 Jun
Regarding the Raspberry Pi IPO, I'm not sure. But in previous IPOs, my bank allowed me to participate. However, it was common to have a share allocation and not get the amount I requested. Typically, if there's an expectation of high demand for an IPO, it's best to request many more shares than you actually want to increase your chances of getting allocated during the share allocation process.
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16 sats \ 0 replies \ @zx 11 Jun
I see, maybe I'm mistaken in that retail have ways to get in on the early action, but I feel like the structure of stockmarket listings seem to contravene ideal market dynamics (being a level playing field for capital to invest in at the initial stage.) At least this is my observation of certain IPOs in the past that received institutional backing in tranches, and then finally open up to retail at large, only to tank shortly thereafter.
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11 sats \ 0 replies \ @TheBTCManual 11 Jun
Hopefully they put that cash injection to good use and the PI6 is a best with a good price point
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11 sats \ 0 replies \ @0xIlmari 11 Jun
IPOs are how great private companies begin their road to enshittification.
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11 sats \ 0 replies \ @Cje95 11 Jun
I had no idea that they were looking to do this but good for them!
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