41–50 of 53 posts
Also, this post currently has a score of 88....
Did anyone else take notice of the percentage stake being 8.88%? It's interesting because eight is a lucky number in China where the buyer is located. I haven't noticed such a blatant use of this particular superstition in a western business deal before. Also, this post currently has a score of 88....
Woa.. spooky coincidence...
Anyways, spot on.
Earlier quoted context omitted.
There are tons of GoPro competitors: Contour Contour+2, ContourRoam Sony Action Cam (HDR-AS10 and HDR-AS15) Polaroid XS7, XS20 and XS100 CamOne (camonetec.com) AEE BlackEye XTR (Magicam SD21) (www.aee.com/en/) Tachyon (tachyoninc.com) UnmannedTech FPV HD camera Tons of unknown asian brands like 808 #16 720p micro camera ($8 to $40).
There are competitors, but none of them are a threat. The Contour has some traction, and the Sony ActionCam is pretty decent spec-wise, but nothing compares to the GoPro HD3 Black edition: 120FPS @ 720p, 240FPS @ WVGA, and even 30FPS @ 2.7k. They are still a generation or two ahead of their competitors. The only thing I wish the HD3 Black had was GPS so that you could geotag your videos. That's about the biggest miss…
I really like the look and design of contour's latest model (Contour +2), but having seen the user reviews on Amazon.com and amazon.co.uk, I feel that for me the software quality and functionality issues mean that I just won't buy it, unless this is greatly improved.
Just noting that based on the valuation of the company he is a billionaire, but GoPro is still a privately held business, so he [probably] doesn't have that sort of money on hand or available as short/safe investments. There are rumors of a GoPro IPO early next spring though[1], so he may have the cash very soon. [1]: http://www.businessweek.com/articles/2012-10-17/gopro-widens...
http://en.wikipedia.org/wiki/Wealth_in_the_United_States#Wea...
Digital consumer video cameras predated GoPro by more than a decade, and the market was split between electronics giants. You wouldn't bet on a billion dollar company emerging from nowhere in THAT market, would you? But, apparently, when you build a great brand, find a solid niche and make something consumers WANT to buy - as opposed to need to buy - great things can happen.
find a solid niche and make something consumers WANT to buy - as opposed to need to buy - great things can happen I don't understand this comment. The food and pharmaceutical industries seem to be doing just fine, even though food and medicine are things that people need to buy.
The lesson here is that even seemingly established markets still contain a large value for people who get it right.
I've used every GoPro camera made, minus the first film camera they started with. I love them, but I also tend to hate them at times too. I've had to RMA about three of them, and my friends have had issues too. Hopefully they can put their massive popularity and growth (money) back into the product to make it more stable and robust. They've really created an awesome product when it works well. I know that if someone…
Just noting that based on the valuation of the company he is a billionaire, but GoPro is still a privately held business, so he [probably] doesn't have that sort of money on hand or available as short/safe investments. There are rumors of a GoPro IPO early next spring though[1], so he may have the cash very soon. [1]: http://www.businessweek.com/articles/2012-10-17/gopro-widens...
Now that is an IPO I am looking forward to.
The GoPro is an excellent example of how product design can be hindered by an excessive feature list. The conventional wisdom is that consumers always want more features and removing features or failing to support the features your competition does is a recipe for business suicide. But the truth is that often times some features are not necessary and supporting them can serve as a roadblock toward developing other fe…
This sounds exactly like Flip (RIP). What do you think the difference was? The GoPro anti-shake technology & the ability to attach to helmets?
Prior to inventing GoPro Nick Woodman had a full on, VC funded bubble startup in 2000 called "FunBug". (1) (2) FunBug was "designed to drive consumer traffic and spending to online and offline client businesses" via games & sweepstakes. His FunBug co-founder, Stephen Baumer, is the current CTO of GoPro. Woodman credits FunBug's failure as partial inspiration for GoPro in that he wanted to pursue something he was genu…