[HN Gopher] Raspberry Pi is preparing for an IPO in London for l...
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       Raspberry Pi is preparing for an IPO in London for likely more than
       $500M
        
       Author : e145bc455f1
       Score  : 30 points
       Date   : 2024-01-30 18:15 UTC (4 hours ago)
        
 (HTM) web link (arstechnica.com)
 (TXT) w3m dump (arstechnica.com)
        
       | duxup wrote:
       | Is it even possible that they can live up to that evaluation?
       | 
       | Are they just doomed to fail at that point?
        
         | ZunarJ5 wrote:
         | Military contracts.
        
           | duxup wrote:
           | Are they doing a lot of military contracts now?
           | 
           | This seems like a product that people already selling the
           | military would have sourced their parts for ... before this
           | company is even in the running.
        
             | dukeyukey wrote:
             | Something to be said for using mass-produced, very cheap,
             | locally produced electronics in military stuff. Even moreso
             | when the electronics engineers you hire stand a good chance
             | of owning a few at home.
        
               | duxup wrote:
               | My experience is that government / military contracts are
               | difficult to deal with / get if you're not established
               | and those synergies like "engineer has some at home" are
               | non existent.
        
         | dragontamer wrote:
         | $500 million is pretty small IMO. They're probably fairly
         | evaluated there.
         | 
         | Are they roughly 1/100th of a Microchip? Maybe that's a bad
         | comparison. But $500 million is in-and-around the market cap of
         | u-blox. SiTime is $2.5 Billion right now (5x larger than the
         | $500 million IPO). So I think its a fair comparison to make.
        
       | hnthrowaway0328 wrote:
       | I fully understand the financial incentive but I feel it's going
       | to be the bean counters who make calls from now.
       | 
       | Or is it already?
        
       | schappim wrote:
       | Earlier discussion on the topic:
       | https://news.ycombinator.com/item?id=39187817
        
       | ChrisArchitect wrote:
       | [dupe]
       | 
       | More discussion yesterday:
       | https://news.ycombinator.com/item?id=39187817
        
       | idiotsecant wrote:
       | ...why?
       | 
       | There are like a zillion Chinese single board computers out
       | there. What's so special about raspberry pi that it's worth a
       | half a _billion_ dollar valuation?
        
         | blacksmith_tb wrote:
         | Well, I suppose some of that suggests optimism about selling
         | boards to commercial customers (in spite of all the assurances
         | about still having enough to sell to hobbyists). And commercial
         | customers, just like hobbyists, want SBCs that have decent hw
         | and working, maintained sw. Which is sadly not the case for
         | pretty much any of the competitors, not reliably.
        
         | whynotmaybe wrote:
         | Some could say that on a European pov, it's because it's not
         | Chinese.
        
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       (page generated 2024-01-30 23:01 UTC)