Nick Woodman creates a wrsit wrap, that allowed regular camras to to mounted to it.
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Life Cycle of the GoPro
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.
After Beta testing and the creation of a mountable camra, with the water proof housing, GoPro launches it's first 35 mm camera.
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.
GoPro creates it's first digital camera. The camera still uses the wrist mount concept but does not have audio recording capability.
GoPro improves their camera by adding better video and audio quality.
GoPro improves the camera by installing a digital
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.
GoPro announces a seris of five invetors, one of which was Disney. The total estimated cost to be 88 million dollars.
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.
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.
Foxconn invests 200 million into GoPro, making Nick Woodman a billionare.
GoPro announces the Hero 4 which will allow the camera to stream live to a TV.
