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Sep 25, 2014, 08:02 PM
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Gopro IPO, social network launch, & buyout




Did anyone know Gopro had its IPO last year? The story of the day during their IPO was world cup. Did anyone care about the world cup?

Interviewed there, years before the IPO. The manager was a jerk, had thousands of applicants, wanted a known quantity. Experience was no longer enough.

Their product is the best in a bad neighborhood, but still a POS. SD card failures need to be built into the recording pipeline. Rather than shutting down, it needs to try opening a new file. It also needs downloading recordings over Wifi.

Helas, stock traders have redirected the company's focus from improving the camera to creating a social network which is to be sold to Google. Gopro tube is the next Twitch. The buyout is going to be well over $10 billion, many times more than Twitch or the 'tube. Another batch of people aren't going to have to work anymore.
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