GoPro files for $100 million IPO

“Growing from humble roots, GoPro brought in close to $1B in revenue in 2013 and $60M in profit, making it appear to be a safe bet for investors.”

lmao.. how is this a safe bet? their operating costs are humungous, your money is basically going to be burned as commission to IPO firms/lawyers, CEO pockets/pension, debt payments, and paying for crasy operating expenses.

The market for action pov cameras is pretty much saturated/matured… there is little to no growth.

Source Article from http://www.dpreview.com/news/2014/05/21/gopro-files-for-100-million-ipo