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Nick Woodman creates a wrsit wrap, that allowed regular camras to to mounted to it.
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Period: to
Life Cycle of the GoPro
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Woodman dubues his product, on a surfing trip to Indonesia. He realizes after testing that he needs to sell the camera with the water proof housing included.
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After Beta testing and the creation of a mountable camra, with the water proof housing, GoPro launches it's first 35 mm camera.
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Nick Woodman begins selling his GoPro's at surf shops and eventually appears on QVC. By the end of the year Nick sold of $350,000 worth of GoPros.
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GoPro creates it's first digital camera. The camera still uses the wrist mount concept but does not have audio recording capability.
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GoPro improves their camera by adding better video and audio quality.
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GoPro improves the camera by installing a digital
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Gopro debuts the Hero HD, the first line of GoPros that shoot 1080p and a 127degree wide angle lense. GoPro ended its phisical year with 64 million dollars in revenue.
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GoPro announces a seris of five invetors, one of which was Disney. The total estimated cost to be 88 million dollars.
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GoPro releases the Hero 2, an 11 pixel camera that shoots 1080p with 30 fps. The company ends their year with 234 million dollars in sales.
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Gopro introduces the Hero 3, which comes in a seris of cameras. The Black edition has a 12 pixel photo capability and shoots at 1080p with 60 fps. The company ended it's year with over 500 million in revenue.
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Foxconn invests 200 million into GoPro, making Nick Woodman a billionare.
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GoPro announces the Hero 4 which will allow the camera to stream live to a TV.
