How GoPro Became a Victim of Bad Business Strategy

Written by behzadsharifi | Published 2021/11/15
Tech Story Tags: business-strategy | gopro | strategy | business | stock-market | business-growth | growth | hackernoon-top-story

TLDRGoPro stock prices went south after a promising NASDAQ debut in 2014. GoPro has been a no-growth company almost since its IPO. GoPro investors have never seen sales get back to those levels, and its stock price has fallen about 88% from its market debut. CEO Nick Woodman was the best paid CEO in Silicon Valley by far. Woodman bought a 180-foot yacht, a Gulfstream jet, homes in Montana and Hawaii, and a fleet of vintage sports cars. This is a brief history of bad business decisions and strategy. via the TL;DR App
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Written by behzadsharifi | Co-Principal at ResponseCRM | Two-Time "Noonies" Award Winner
Published by HackerNoon on 2021/11/15
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