Can anyone recommend an alternative?
Alternative to what? DJI, Insta360, and many others have been eating GoPro’s lunch in action cam market for a decade now.
Other than promises, what did GoPro actually make in the last 5 years that was better than the competition?
The company will move into AI data center and defense markets.
Cool, cool. Burning the world while also joining the military complex. Good riddance, GoPro.
This announcement will make YouTuber Markiplier $24,225,000 richer.
As part of the deal, the company’s shareholders will receive a $285 million cash payment, or $1.14 per share, and the stock will remain listed on the Nasdaq.
One of the shareholders benefiting most from the news is Youtuber Markiplier, who acquired a massive 8.5% stake, according to a July 13 filing. Private equity firm BlackRock also disclosed a 6.4% stake earlier this summer.
A fact that he was completely blindsided on. He’s all in on the camera side, and had he known about this happening he wouldn’t have bought in at all.
