GoPro's IPO and initial success was inspiring because it didn't seem any kind of specialized camera/video hardware company could exist outside of the smartphone umbrella -- especially after Flip [0] got bought up not long after the first iPhone. But it seems like there was always going to be a hard ceiling for GoPro. Not just because of the continued improvement of smartphone portability and camera features, but beca…
I agree, but disagree there was a hard ceiling for GoPro. Companies may have an initial success.. but the rest of the world never stands still while they rake in money. Especially not in tech, which gets cheaper every year and can be manufactured fairly easy by competitors. GoPro had an initial success with their camera.. and it was their duty to expand beyond that into other lines of business and diversify their rev…
So yeah, a sale is probably best for them, but outside their brand, what kind of IP do they really have that boosts their value...