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Raspberry Pi becomes a public company (www.theregister.com)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 5 months ago (1 children)

Nonprofits can “own” for-profits.

One of the saner reasons for this structure is that the non-profit owns the things the for-profit works on. If the for-profit goes under, all things are still owned by the non-profit, so some large tech company can't swoop in and yoink anything available.

This includes any and all data generated by the for-profit, which means your data is "safe".

[–] [email protected] 2 points 5 months ago

The non-profit could sell the for-profit, or it would inherit the debt of the for-profit if it didn't bankrupt it.