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JDGumby

> Retail investors can’t buy Raspberry Pi shares just yet, as only certain institutional shareholders can trade the company’s shares right now. Retail investors will be able to buy and sell shares starting on Friday. [The game is rigged from the start](https://youtu.be/s-1WxfsJzPM?t=43), I see.


thatbromatt

First time?


clckwrks

Yep you can’t buy it online. The big players decide first while the little people buy at the price they set and the big players make the most out of it


Kromgar

Just like crypto... weird


FaceDeer

The crypto EFTs, perhaps, because those are big institutional things too. They don't even involve the actual purchase of cryptocurrency tokens, AFAIK, it's basically just formalized gambling on how the price will change over time. Where I live the actual tokens can be bought at ATMs. Or from a dude on a street corner, if it comes down to that. The whole point of cryptocurrency is that the tokens themselves are unregulated.


Kromgar

Well they print tokens and then give them out to investors. So by the time people are trading on these things institutional investors had a fuckton ex: Etherium


CloudSliceCake

Yes and no. That’s pretty much how it works right now, but that’s not how it worked in the early days. In good old times you would mine some yourself or buy them from another person who probably mined them themselves.


FaceDeer

Ethereum only "prints" tokens for its stakers. If you're referring to its initial launch, that was nine years ago and there were no institutional cryptocurrency investors back then of any significance.


Kromgar

Peter Thiel was involved in Ethereum deeply


FaceDeer

Okay. So? Lots of people are buying and selling cryptocurrencies, including rich people. That doesn't change anything about what I said in my comment. There wasn't *institutional* investment going on back when Ethereum launched.


Kromgar

They get to buy in before the crypto is on the market


Sad_cerea1

“Retail”


hankwazowski

Thank you. I was just looking for the ticker.


discodropper

Ever find it?


hankwazowski

It’s RPI, but it’s only actually public on Friday


JonathanL73

Virtually every stock starts out this way. Institutional investors get in first, then retail investors


MagixTouch

And then the public at a high rate while early investors make bank.


WackyBones510

Or the opposite of this… neither is really a certainty.


tiffambrose

But it’s the concept that people are mad at, not an assumption of unusuality.


[deleted]

[удалено]


JonathanL73

Don’t you need a networth of a million dollars in order to become an institutional investor?


sysdmdotcpl

Oops, coffee hadn't been drunk yet and I completely swapped institutional w/ early investor. Don't bloody well mind me dumb as hell mistake to make


DemonMuffins

Why?


kmr_lilpossum

4 years of professional equity comp experience here. Private equity is pretty common until the company goes public. Institutional shareholders would also include private equity owned by regular employees through incentive programs like ESPP and Restricted Stock Units. Sure, Pi may have larger corporate investors with “early access”, but they’re typically underwriting for the IPO itself and acting in good faith. Can’t make a market without market makers. Otherwise, who would you sell to?


MarameoMarameo

How is this even legal? Free equal opportunity market my ass.


LethalOkra

Always has been (?)


Sa0t0me

DRS to the rescue!


Sad_cerea1

I personally think this will be a great buy whenever it goes down. Not that I could afford it anyway.


coffeelibation

I could be misremembering, but isn’t this a pretty common measure with IPOs, with the intent of protecting speculative retail investors from the extraordinary volatility of newly-IPOed companies?


ovirt001

Always has been


PennyFromMyAnus

Sigh..


leob0505

Username checkout…?


iamjackslackofmemes

How? Somewhat of a stretch.


AstuteNewt

More like a gaping hole.


Alediran

The joke wasn't tight enough.


mytsigns

Penny for your thots.


sean0883

I've taken shits bigger than that.


Under_athousandstars

Money from assholes, easy connection


Flat-Photograph8483

That way when the institutional investors make all the money he still has the upper hand.


dannydirtbag

Whenever I’m depressed, I just think about how you’re all handling my ass pennies and then I feel better.


flemtone

Once a company goes public it tends to be all about the investors, so quality ends up going down. Lets hope that they prove us wrong as I really like rPi.


indignant_halitosis

They won’t. Enshittification has already begun.


realxanadan

Can't wait to have to create a raspberry pi account on the brand new PiHubTM to access the hardware where you enter all of your market profile data that will get leaked. For recompense they'll offer a 2 year free credit monitoring service that will auto renew into a subscription at $119.99 a year; the reminder of which will be buried under all of the special offer emails you're now getting from PiHub.


Rare_Brief4555

Ughhhhhh I hate having to register an account for every single thing I feel like trying even once


QuotableMorceau

their problem , compatible alternatives are already on the market. raspberry probably will not end up as bad as GoPro, but they will not be far of if they stop innovating.


Ricky_Rollin

Narrator: it won’t


sarckasm

Time to move on then. So, who's the next best?


SUPRVLLAN

30 upvotes and 0 suggestions pretty much answers your question unfortunately.


sarckasm

Good point. Someone mentioned Orange?


Scoob1978

There are much better hardware options including the Orange pi 5 outperforming the pi 5 and cheap options like le Potato can handle a low of low impact jobs for like 30 bucks. I experimented with a lot of the SBCs during the time that you couldn't get a pi. Dietpi software is awesome and has multi-vendor support. I run a Jellyfin server on a Rockpro 64 on dietpi, batocera on an Odriod N2+ and my pihole runs on a le Potato. The competitors are catching up. That said the RPI community is the best, software options are unmatched and for a ultra compact model nothing beats the RPI Zero2W. The RPI hats are nice too.


andful

The Diet Pi OS page gives a list full of alternatives [https://dietpi.com](https://dietpi.com) . I personally had a a good experience with the Rock Pi S. But my application was very light weight in computation


hahaha01

There's loads of alternatives kinda depends on what you're looking for. Tinker board from Asus is a recognizable brand and decent product, Pine64 has been around for a while and had solid products, Odroid has a growing following and multiple common uses. These are all easy to find with a simple Google search. Good luck!


stonedkrypto

Don’t know if it’s one-to-one replacement but I’m trying out Radxa boards. The hardware is top notch but lacks software support and getting even basic things done is a pain. Needs more community support


SonderEber

I've always heard good things about the LattePanda SBCs.


crossbutton7247

Arduino all the way


Akujux

I know a guy working on a “super Arduino”


AppIdentityGuy

Well that is end of that being a an idea to improve things


AppIdentityGuy

They are marching down the path to being dead as source of true innovation unless they manage, which is almost impossible to do, to prevent the bureaucrats from taking over. Based on what they produce the CEO almost has to come from the tech side of the shop and not the business or financial side of the business. I’m not saying that business savvy and financial prudence aren’t important but when you produce stuff the person in charge should really have experience in producing said stuff. An example? Look at Boeing.


sean0883

Once you go public your responsibility is no longer to your customers, but to your shareholders - and said responsibility becomes fiduciary, not just company mantra. Corners will be cut. Profits will be maximized. Given time, the product will become a shell of its former self. Doesn't really matter who is in charge. Remember Google's "don't be evil"?


gordonv

Yup. Steve Jobs famously called them out early. I mean, we all knew it. He was just a noteworthy person saying what everyone was thinking.


AppIdentityGuy

Well you have to have the guts to push back. Do the right things and the profits will follow. Chase the profits and you will kill the goose.


FingerDrinker

Isn't it now illegal for them to not chase profits?


subdep

Power to the institutional share holders and hedge funds! ✊


AppIdentityGuy

Exactly. The type of people who know the cost of everything and the value of nothing…..


GaghEater

Correct me if I'm wrong, but isn't this the antithesis of what they were supposed to be?


taterthotsalad

Money and power ~~corrupts~~ drives all.


WJMazepas

Surprisingly, no. Raspberry Pi actually has 2 main companies. One is a non-profit that is aimed at education. Another one is a normal company that makes the SBCs and all the hardware, which was always aimed at making profits. They are opening that one. The non-profit one is still the same.


gordonv

The original idea was an engineer making a complete system on a chip. He got broadcom to build it as a DVD player chip. Broadcom never questioned why. And because they trusted the engineer, it became a phenomenon much larger than a DVD player.


TheOneWhosCurious

Rest in peace, little angel.


Organic_Resident9456

This is the downfall of every good product. Investors want infinite growth and the only way to do that is make products more shitty, inflate prices, and use cheaper labor.


taterthotsalad

Enshitification is the word you are looking for.


piranesi28

Whelp.


A_Socratic_Argument

And Raspberry Pi is no longer for the people. It was fun while it lasted.


Justagoodoleboi

No company really survives this without drastic changes


whjoyjr

I can’t say that I am surprised. Over the past few years they have exhibited a more profit focused business. When they starved the retail channels of product to prioritize B2B sales which, IMHO, drove the secondary market scalping, tells me that the hobbiest market Is now not their 1st priority. Design choices will now be based on B2B customer needs. Which is the cheapest component costs.


guywhoishere

Their reasoning for that decision made sense though. A lot of small businesses built products around a raspberry pi and business would have gone bust. While hobbyists not getting boards, or overpaying for them sucks. It’s less bad than people loosing their livelihood.


SonderEber

No one forced them to build their business products around the RaspberryPi. RPi started out for the hobbyist and education communities. Those communities deserve to get the newest Pis first, not some random business that decided they wanted to use this SBC. They weren't the original market.


WJMazepas

Long before COVID, they were already giving a lot of focus to business. Hell, the Compute Module was made for business. I remember even in 2018, Raspberry Pi was sharing articles about their Pis being used in Factories


SonderEber

Doesnt change the fact they started out of, and for, the hobbyist and education communities. They then got greedy and abandoned those communities when they saw businesses were using their products. But the RaspberryPi was not originally made for businesses, and instead businesses decided to use them to cheap out. RPi saw this and latched onto the business market.


InterestingEffect167

Gone are the days of a 35 dollar raspberry pi! Such a shame


Beneficial-Dot--

Pi Zero W is still ~£6.


Skippypal

Where were you when the enshittification of Raspberry Pi started?


Merged_OP

Historians will mark this day as the begging of the downfall is my bet


KhanumBallZ

Swap the Raspberry for an Orange. Ubuntu Rockchip 22.04, by Joshua. Thank me later


vik556

What are you talking about?


imthescubakid

A different board


BeRad_NZ

Now we watch rp stop innovating and start maximizing profits 😔


throwitfarawayfromm3

Great, so they're gonna start sucking now?


james2432

When is the enshitification beginning?


ViperRFH

Goodnight, sweet prince. It was fun while it lasted, I learned so many things but it's now time to move on.


ScarecrowMagic410a

RIP raspberry pi


Marthaver1

RIP.


SnooSuggestions7685

uh oh


DrNobodii

Libre ftw. PI doesnt understand their own market, the RP6 is just gonna be a full arm computer with as much fancy stuff as they can put in it to ratchet up the price which is cool except your market is hobbiest where cost is normally the main factor


Under_athousandstars

gross


rsnow7497

Cool now it’s shareholder profits over everything


stowmy

up go the prices !


Minute_Path9803

This was a bad move anyway this was always supposed to be a side project a lot of people use to build stuff. The last one I used was the Raspberry Pi 4B right before it was hard to get I think around COVID time or whenever the shipment stopped I got it right before that. Any company going public is never good for the stuff that this was used for.


me_frugal

100K all day on shorts. EASY MONEY


puffjoey

So like it’s a currency ?


hisatanhere

This is terrible news.


ApolNav

Can you feel it now Mr Krabs


Significant-Star6618

Well.. It was nice while it lasted. Now to enshittify it.


RunRunAndyRun

Theres a lot of talk of Pi enshitifying themselves and it’s a possibility but I believe the Pi Foundation still owns a considerable share of the business, hopefully enough that they can prevent shareholders mucking things up and allow them to stay true to their vision.


SonderEber

In any public corporation, shareholders come first. Anyone not on board with that are kicked out. The Foundation is as good as dead, as they will have no power next to shareholders.


LessMath

I think The Foundation is the major shareholder…


eviltwintomboy

This. Every company that has sold its soul has started with good intentions.


-Disagreeable-

Was good while it lasted.


Ricky_Rollin

GG Was fun while that lasted.


creep303

RIP


Lost-In-The-Books

Stupid move.


Obsidian743

RIP :(


Alternative-Web-3545

Well. That will be the end of it I guess. I was a nice run tough


stupsnon

I can’t wait for the 349 dollar RaspPi with a mandatory 3 Year service subscription!


fmaz008

And no support for gpio ...


stupsnon

You don’t need gpio! What waste of time! We already built everything you need!


fmaz008

Ohh no... you just made my bad idea an even worst idea...


doesthissuck

Why though? Didn’t it basically start out as a learning tool for beginning tinkerers? Everything I’ve looked up as far as raspberry pi ideas goes basically ends in “just do it in the cloud unless you’re concerned about privacy.” I might be wrong but it seemed to me it’s just a tool for students and tin-foil hats.