News $630 million Raspberry Pi IPO float could be just a week away - Report

I really hope they manage to improve the Pi's GPU more substantially. That's been lagging its competition almost since the launch of the first generation.

Even better would be to make the GPU a dual-purpose block that could efficiently handle AI workloads. Given that the Pi also tends to trail on process node, this would make more sense than trying to have both a good GPU and adding a NPU block.
 
The valuation seems quite low. I'm sure that less deserving companies and products have floated for significantly more.
While stock market valuations can indeed be quite wacky, keep in mind that the SoC in Raspberry Pi boards is designed by Broadcom using CPU core IP from ARM. So far, I think the only major IP that Raspberry Pi designed is the RP2040, which is just a microcontroller (also using core IP from ARM) that seems aimed at competing with Arduino. Anything beyond that is just the value of the brand.

Another datapoint to consider is their sales volume, which I recall a recent article stating as 10M, over the company's lifetime. So, to sell about 1M/year of a fairly low-cost, low-margin hardware shouldn't drive a valuation in the $Billions. Maybe they're planning on selling services on top of that and trying to tap a much larger segment of the educational market.