Whatever Happened To GoPro?

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GoPro was one of the most iconic startups in the world as they dominated the action camera market which exploded in the early 2010s. But, after they IPOed in 2014, it’s only been downhill for the company. They tried becoming a subscription media business which ended up costing way more than it was worth. And they slowly lost their brand presence and innovative lead against cheaper Chinese alternatives like DJI. To make things worse, GoPro had a very embarrassing recall on their drones and their CEO was being paid the highest salary in the world. All of these missteps eventually caught up with GoPro leading to their stock plummeting over 98%. The company has been trying their best to reinvigorate customers and the brand, but GoPro has still just been bleeding towards bankruptcy.

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Timestamps:
0:00The State Of GoPro
0:34Dropping The Ball
6:30Changing Too Late
11:33Invideo AI
13:10The Aftermath

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Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.

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Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.