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Canonical Considering IPO in 2023: What It Means for Ubuntu Users

Posted by Rianne Schestowitz on Dec 27, 2022

More developers reportedly now use Linux than macOS

oh my zsh and powerlevel10k: A Match Made in Heaven

Canonical founder and CEO Mark Shuttleworth, the company behind the widespread Linux distribution Ubuntu, revealed in an interview for the popular news tech media TechCrunch in April that it is considering going public through an Initial Public Offering (IPO) in 2023. This news has generated buzz within the Ubuntu community, as many wonder what this move could mean for the operating system’s future and its users.

2023 is already here, and if this plan comes to fruition, it will impact Ubuntu’s focus and future development in some way. So, let’s analyze the likely ramifications.

First, we need to answer the question: why does a company opt to go public? Whether a company is brand new or has been in operation for years, it may decide to go public via an IPO. However, in the mainstream case, companies seeking to expand often use an Initial Public Offering to generate funds via access to capital markets. So, the most significant benefit of an IPO is the additional funds raised.

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