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Thursday, January 11, 2018 7:20:37 AM
GoPro's Nick Woodman confirms he's 'open' to selling:
The company CEO said he would be "thrilled" if a big company helped GoPro succeed...Then, just two days ago, a second story claimed GoPro was actively looking to sell off its business, he also confirmed they're open to offers. Woodman even alluded to which companies he might be most interested in working with. (Hint: Social networks.)
He also hinted at the first new product of 2018. "We have a new product coming out in the first half of the year that's going to be really exciting for our entry-level customers,...... I would be thrilled if the easiest, most efficient way to achieve that was through the sale of the company to a bigger business that could really help GoPro shine." Woodman said.
Would Facebook (and by proxy Instagram) or YouTube (Google) or even Snap (Spectacles) -- be ideal partners to meet their needs? All those companies have huge platforms, rely heavily on video, and have dabbled in hardware (Facebook owns Oculus remember). His response? "People's social activity, and the viral nature of it, really is the reason that GoPro exists."
One thing's for sure: 2018 will be an action-packed year for the company either way.
*IMO, Google’s YouTube are the best suitor—from GoPro’ action-captured right Up-to-YouTube Chanel.
Sharing FWIW GLA.
THANKS FOR SHARING!
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