GoPro has many supporters in both the stock market and the technology industry. Their fortunes are tied together.
GoPro Files a $100 Million IPO, Solidly Profitable
As we had earlier reported on rumors of a GoPro Hero 4(K), GoPro was expected to be filing for an IPO prior to the release of their GoPro Hero 4(K). This followed a rumor that they had secretly filed for an IPO only days after hiring themselves a new CFO. So, it comes as little surprise that they officially filed for an IPO with the SEC today to the tune of $100 million. Thanks to this filing we now know how well GoPro has been doing as a company over the course of the past few years. In 2011, GoPro had reported a profit of
GoPro Hero4 Coming This Summer?
As many of you have probably been anticipating, GoPro’s Hero 4 is the much awaited update to the already wildly popular GoPro action camera that so many people already coveyt. The current iteration, the GoPro Hero3+ was what many expected could or should be the GoPro Hero4 solved many of the problems that the GoPro Hero3 had, however, it didn’t really improve the overall resolution or framerate of the camera. According to DGISE the new GoPro Hero4 will be released this summer using the already well-known Ambarella SoC that’s already been capable of 4K video encode and decode for quite some time. However, a lot
