GoPro aims for IPO with one product

by bold-lichterman

The company had already received $ 200 million in 2012

With the exception of a few accessories, the Californian company GoPro, maker of the eponymous camera, may only offer one product – although it comes in three variants – that this does not prevent it from aiming for an introduction in stock Exchange. It is in fact in a press release that she announced that she had filed a request for an IPO (Initial Public Offering, editor’s note) with the SEC, the equivalent in the United States of the Autorité des marchés financiers. An announcement that comes a few days after the appointment of a new CFO, Jack Lazar.

Founded in 2003 by Nick Woodman, a surfer who wanted to film his sports sessions, GoPro quickly found its audience in the community of professional and amateur athletes, then among the general public. In 2012, Foxconn, the Taiwanese company that subcontracts Apple for the manufacture of its products, had acquired a little less than 9% of the capital for 200 million dollars.