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The News floating around that #Ubuntu is going public dates back to April 2022, so let’s not get too upset, I don’t think there’s been any news since.
Obviously, once shareholders get involved, things tend to turn to crap and it makes it really hard to stick to a vision, as decisions become only about profit for said shareholders and not about what is right for users, but as long as the IPO hasn’t gone through, no reason to panic.