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GoPro stock crashing, Founders got around the lockout

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Ns1 said:
Because when I tell you to buy a camera that mounts to a helmet, the first thought in your mind is GoPro and not one of it's competitors. I bet a majority of the population can't even name a GoPro competitor.

You sure as fuck aren't going to give your nephew who's into extreme sports a camera + duct tape for christmas.
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3 years ago j did my research and purchased a contour brand camera which is the same concept as go pro. I liked the mounting system better. Don't know go pros current mounts but back when I purchased you had to mount the camera to you helmet top so it looked like some insect antennas or wear it forward facing on your chest. Bad idea in case you fall (I bought it for skiing). I liked contour mount since it attached to side of helmet on the goggle strap and fit better.
 
NetWareHead said:
3 years ago j did my research and purchased a contour brand camera which is the same concept as go pro. I liked the mounting system better. Don't know go pros current mounts but back when I purchased you had to mount the camera to you helmet top so it looked like some insect antennas or wear it forward facing on your chest. Bad idea in case you fall (I bought it for skiing). I liked contour mount since it attached to side of helmet on the goggle strap and fit better.
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that's my point - you have to RESEARCH to find competitors where if you go up to a random individual and ask "hey, what's the name of that camera that you can mount to stuff?" they're probably going to say GoPro and not Panasonic or Contour.

As an aside, I thought Contour closed it's doors but evidently they're back.
 
most of you guys must be forgetting that gopro cameras are also water proof and very tiny, as well as rugged as hell. and they have tons and tons of mounts. that is why they do so well.

you can't take a camcorder + duct tape with you when you are 50 feet underwater or snowboarding. good luck with your duct tape holding your camcorder onto your bike helmet when you are going down a mountain at 50mph.

gopro makes a lot of things very easy compared to how it used to be to do the same thing.

and you guys just reminded me to search for the gopro 4, and i see they now have it listed on their site. wonder if the timing had anything ot do with the gopro hero 4 coming out.
 
BoberFett said:
Not sure if serious...

Is Red Bull even a thing anymore? Everything I see advertised is Monster, Rock Star, etc.
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I can't believe it's been so long:

Red-Bull-Space-Jump.jpg
 
Ns1 said:
No, the brand name is worth 10+ billion, not the device itself.
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GoPro brand name is worth $10 billion? Are you freaking kidding me? $50 million, I can understand. $10 billion? Lol. I remember when Apple brand was worth $0 and actually negative back in 2000-2001 and also again in 2003. Same as how Yahoo brand is worth negative dollars at the moment.

RedBull I can understand. Overpriced energy drinks have crazy margins. GoPro is freaking hardware manufactuer of simple camera.
 
BoberFett said:
Not sure if serious...

Is Red Bull even a thing anymore? Everything I see advertised is Monster, Rock Star, etc.
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yes its still a thing and they sponsor a TON of things, mostly sports

also
Red Bull GmbH is an Austrian company which sells the Red Bull energy drink. In 2011, a total of 4.631 billion cans were sold in over 161 countries. 8,294 employees generated €4.25 billion in revenue.[1] The headquarters of Red Bull GmbH are located in Fuschl am See, Austria.
 
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purbeast0 said:
most of you guys must be forgetting that gopro cameras are also water proof and very tiny, as well as rugged as hell. and they have tons and tons of mounts. that is why they do so well.

you can't take a camcorder + duct tape with you when you are 50 feet underwater or snowboarding. good luck with your duct tape holding your camcorder onto your bike helmet when you are going down a mountain at 50mph.

gopro makes a lot of things very easy compared to how it used to be to do the same thing.

and you guys just reminded me to search for the gopro 4, and i see they now have it listed on their site. wonder if the timing had anything ot do with the gopro hero 4 coming out.
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They are very cool. I've been tempted to get one myself with a helmet mount and handlebar mount for the motorcycle. But it's still a niche product, and I can't imagine a market cap of $11B+ is any way realistic.
 
smackababy said:
I'd tell him to stop being a corporate sellout pussy and do it like the real extreme sports guys did.
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LMAO because I know a bunch of people into those gopro types of sports who it applies to perfectly. Oh look! You spent $200 on a Rock star jersey and pants. Wait, the company isn't even actually sponsoring you?!
 
BoberFett said:
They are very cool. I've been tempted to get one myself with a helmet mount and handlebar mount for the motorcycle. But it's still a niche product, and I can't imagine a market cap of $11B+ is any way realistic.
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They are all over the place here in S. Florida from bikers, surfers, auto cross, runners, etc.
 
Anubis said:
yes its still a thing and they sponsor a TON of things, mostly sports

also
Red Bull GmbH is an Austrian company which sells the Red Bull energy drink. In 2011, a total of 4.631 billion cans were sold in over 161 countries. 8,294 employees generated €4.25 billion in revenue.[1] The headquarters of Red Bull GmbH are located in Fuschl am See, Austria.
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I guess I'm not part of the energy drink demographic, so I really don't know.

http://www.caffeineinformer.com/the-15-top-energy-drink-brands

Looks like Monster has made big strides in market share.
 
BoberFett said:
They are very cool. I've been tempted to get one myself with a helmet mount and handlebar mount for the motorcycle. But it's still a niche product, and I can't imagine a market cap of $11B+ is any way realistic.
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i'm hoping i can get one before i go on my scuba trip in december. i was holding off until i went because i knew the 4 was around the corner. so i might get one before, but there are a lot of other bills i gotta pay beforehand so i'm not positive i will get one. i really want to see how the still pictures turn out to be on them, especially when taken underwater. i hear the stills on the previous ones weren't that great.
 
while I don't think it's worth 10 Bil, it is still worth a good amount of dough. Shit, i mean if Whatsapp ($19 bil), Dre Beats ($3 bil) Minecraft ($2.5 bil) can go for that much.

and about Red Bull:
redbull-air-race-2014-schedule.jpg


formula-1-red-bull-car-2.jpg


now you may argue is it money well-spent, my answer is at least they have the dough to do it.
 
AznAnarchy99 said:
Kleenex
Band-Aid
Googling
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Bad example. I use band-aid to refer to an adhesive bandage... but I will buy the store brand or if I want fancy I will get the 3M equivalent. I do concede that people are sheeple though and will robotically select Band-aid brand at the store.
 
purbeast0 said:
most of you guys must be forgetting that gopro cameras are also water proof and very tiny, as well as rugged as hell. and they have tons and tons of mounts. that is why they do so well.

you can't take a camcorder + duct tape with you when you are 50 feet underwater or snowboarding. good luck with your duct tape holding your camcorder onto your bike helmet when you are going down a mountain at 50mph.

gopro makes a lot of things very easy compared to how it used to be to do the same thing.

and you guys just reminded me to search for the gopro 4, and i see they now have it listed on their site. wonder if the timing had anything ot do with the gopro hero 4 coming out.
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I don't know how the patent scene looks... but underwater cameras have been around for a long time. Seems to me it would be easy for a competitor to enter the market (already competing products out) with a camera with better specs, more ruggedness and not burdened by the huge marketing machine gopro has to support. Not saying gopro is a bad product by any means... just seems to me that it is overvalued.
 
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