GoPro

Consumer electronics · Founded 2002 · San Mateo, California · Public

A wearable action camera that created a category, then had to defend it.

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The story

Nick Woodman founded GoPro in 2002 after wanting a better way to film himself surfing. The company built rugged, wearable cameras that defined the action-camera category.

GoPro went public in 2014. It later faced pressure from smartphones and lower-cost competitors, and worked to diversify through software, subscriptions, and accessories.

Key compounding decisions
  1. 2002
    Make the camera wearable
    Designed cameras to be mounted on the body and gear, opening a new use case.
  2. Build a media and software layer
    Added editing tools and subscriptions to reduce reliance on hardware sales.
Frequently asked
Who founded GoPro? +
Nick Woodman founded GoPro in 2002.
When did GoPro go public? +
GoPro held its initial public offering in 2014.

Compounded is a documentary series produced by Agate Street Studios. Company profiles summarize public record for editorial context and may be updated. This is not investment advice.

Notes from Andrew

The thinking that didn’t make the final cut.

Key takeaways and the research behind each company, sent the morning each episode drops.

Netflix
S01 · E01 · COMPOUNDED
8:24
24:18