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The Extinction of GoPro

In the 2010s, there was one startup who by the measures of Silicon Valley and Wall Street, seemed destined to be the next big billion-dollar consumer brand. That company was GoPro. GoPro took the world by storm with its game-changing cameras. With radically compact design, tiny form factor, high portability, rugged waterproof exteriors, and reasonable picture quality - GoPro cameras were able to capture never before seen action and perspectives. GoPro was category-leading and category-defining - the company had effectively created and owned an entire category of cameras. It was the pioneer, golden standard, and household name as GoPro was not just the name of the product and company, but also became the unofficial label for any small, portable, action camera on the market. Yet fast forward to present-day in 2023, less than a decade later, and GoPro’s stock has dropped 95%. How could a company who had all the right ingredients from the measures of Silicon Valley and Wall Street

English
  • Originally Aired November 5, 2023
  • Runtime 43 minutes
  • Created January 16, 2024 by
    blue_gandalf
  • Modified January 16, 2024 by
    blue_gandalf