COMPOUNDED
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Overview
Sources

Thesis

  1. Wikipedia (Nick Woodman); Forbes (Ryan Mac); multiple secondary ↗
  2. Widely reported Woodman interview quote; ORIGINAL BROADCAST SOURCE NOT PINNED ↗

Act I

  1. Wikipedia; Forbes prototype gallery ↗
  2. Research census 2026-07-13 ↗
  3. CNBC (2017-01-09); Wikipedia - ALL DOWNSTREAM OF WOODMAN'S OWN RETELLING, SELF-REPORTED ↗
  4. Wikipedia (Nick Woodman); LawInc; CNBC - ALL DOWNSTREAM OF WOODMAN'S OWN RETELLING, SELF-REPORTED ↗
  5. Unofficial Networks (2024), recap-mediated - NOT PINNED. CONTRADICTED by the QVC broadcast itself (2,366 on QVC's own on-screen counter). ↗
  6. QVC broadcast, 2005 - PRIMARY BROADCAST FOOTAGE (third-party YouTube upload; corroborated by Unofficial Networks, 2024). Owner ruling: Drew, 2026-07-14 ↗
  7. Wikipedia (Nick Woodman); CNBC profile; multiple corroborating ↗
  8. GoPro Form S-1 (SEC EDGAR, acc. 0001193125-14-204902) - PRIMARY ↗

Act II

  1. CNN Money; PR Newswire (primary release); Forbes ↗
  2. GoPro investor-relations pricing release (PRIMARY); Fortune; CNN ↗
  3. Fortune; Inc.; census 2026-07-13 ↗
  4. REAL_FOOTAGE.md; Square precedent ↗
  5. CNN Money (2015-04-17); Bloomberg; CEOWORLD ↗
  6. GoPro Form 10-K FY2014 (SEC EDGAR, CIK 0001500435, acc. 0001500435-15-000007), Item 5 - PRIMARY ↗
  7. GoPro Form S-1 / 424B4, FY2014 (SEC EDGAR) - PRIMARY ↗
  8. GoPro Form S-1, FY2014 (SEC EDGAR) - PRIMARY; corroborated Fortune / CBS 2015-05 ↗
  9. GoPro 2015 proxy (DEF 14A) + Bloomberg Pay Index / CNN Money 2015-04-17 ↗
  10. Adjudication 2026-07-13 ↗
  11. GoPro investor-relations pricing release (PRIMARY); Renaissance Capital; Nasdaq ↗
  12. Forbes 'The Mad Billionaire' 2013-03-04 + Forbes 'Five Startup Lessons' 2013-03-13 + UCSD Woodman profile (attributed) ↗
  13. GoPro Form S-1 (acc. 0001193125-14-204902) - PRIMARY; CBS News + CBC 2015-05 (valuation) ↗

Act III

  1. GoPro launch recap; press coverage ↗
  2. GoPro investor press release (PRIMARY); PetaPixel; Wikipedia (GoPro Karma) ↗
  3. Adobe Stock (licensed on Drew's Unlimited plan) ↗
  4. CNBC 2018-01-08; Woodman's public statement ↗
  5. GoPro DEF 14A 2019 (SEC EDGAR, CIK 0001500435, acc. 0001500435-19-000019), Summary Compensation Table - PRIMARY ↗
  6. GoPro 8-K / press release, Jan 2018 ↗
  7. GoPro press release 'GoPro Announces Karma Recall and Refund Program', 2016-11-08 - PRIMARY ↗
  8. Bloomberg 2016-11-30; CNN Money 2016-11-30; Variety; Fortune (company announcement) ↗
  9. GoPro DEF 14A 2019 (SEC EDGAR, CIK 0001500435, acc. 0001500435-19-000019) - PRIMARY ↗

CLOSER

  1. GoPro FY2025 10-K (SEC EDGAR) ↗
  2. GoPro Q1 2026 results (SEC EDGAR / press release) ↗
  3. GoPro 8-K, April 2026 (SEC EDGAR) ↗
  4. GoPro 8-K / press release, 2026-05-11 ↗
  5. GoPro 8-K (NASDAQ deficiency notice) + market data ↗
  6. GoPro 8-Ks (SEC EDGAR, CIK 0001500435): terms 8-K acc. 0001500435-26-000028 filed 2026-07-08 (agreement dated 2026-07-01) + closing 8-K acc. 0001628280-26-047943 (event 2026-07-09, FILED 2026-07-13) + press release Ex. 99.1. RE-VERIFIED against both filings 2026-07-20 by gopro-dossier-backfill; warrant strike $0.7780/share; independent board committee per Ex. 99.1. NOW DOSSIER #27. ↗
  7. GoPro press release, 2026-07-08 ↗

Arc

  1. GoPro Form 10-K FY2014 Item 5 (PRIMARY) + GoPro 8-K 2026 ↗

Sources

  1. Research census 2026-07-13 ↗
  2. Research census 2026-07-13 ↗

Cast

  1. Wikipedia; CNBC 2017-01-09 ↗
  2. House law: subject-rights gate + DR-18 ↗
  3. Dean Woodman obituaries (New York Times / San Francisco Chronicle / Palm Beach Daily News, Dec 2019); Wikipedia (Dean Woodman); Amherst College In Memory ↗

OPEN

  1. OPEN ↗

Compounded is a documentary series produced by Agate Street Studios. Dramatizations use generated imagery; figures and quotes are sourced from public filings and reporting. This is not investment advice. Do your own research before making any financial decision.

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Notes from Andrew

The thinking that didn’t make the final cut.

Key takeaways, the research stills behind this episode, and the occasional director’s-cut note.

IKEA
S01 · E08 · COMPOUNDED
8:24