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submitted 3 months ago by chloyster@beehaw.org to c/technology@beehaw.org
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[-] mspencer712@programming.dev 34 points 3 months ago

How much stock ownership remains with the nonprofit Raspberry Pi Foundation? And will that be enough to hold off shareholder complaints that they aren’t being evil enough?

[-] ryannathans@aussie.zone 13 points 3 months ago* (last edited 3 months ago)

No, being a public company the CEO is legally obligated to chase profits

[-] wurosh@lemmy.ml 12 points 3 months ago

No, shareholder interest, which - in the absence of the clear desire of the majority shareholder(s) - is assumed to be profit. So I think the question above is quite important actually

[-] ryannathans@aussie.zone 4 points 3 months ago

That is a fair point

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this post was submitted on 11 Jun 2024
137 points (100.0% liked)

Technology

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