sanitation@lemmy.todayBanned from community to Technology@lemmy.worldEnglish · 5 months agoGoPro is in serious financial trouble. Action camera giant is at risk for potential bankruptcywww.digitalcameraworld.comexternal-linkmessage-square90linkfedilinkarrow-up1405arrow-down15
arrow-up1400arrow-down1external-linkGoPro is in serious financial trouble. Action camera giant is at risk for potential bankruptcywww.digitalcameraworld.comsanitation@lemmy.todayBanned from community to Technology@lemmy.worldEnglish · 5 months agomessage-square90linkfedilink
minus-squareearthworm@sh.itjust.workslinkfedilinkEnglisharrow-up41arrow-down1·5 months agoNow that they’ve milked the brand dry, my bet is they’ll either: Let it go bankrupt and walk away with the profits, or Sell to someone who will use what’s left of the brand’s credibility to drain any remaining suckers hoping for a revival.
minus-squareUnstoppable_Flop@lemmy.ziplinkfedilinkEnglisharrow-up2·5 months ago3 Get a government bailout and then walk away with the profits
Now that they’ve milked the brand dry, my bet is they’ll either:
Let it go bankrupt and walk away with the profits, or
Sell to someone who will use what’s left of the brand’s credibility to drain any remaining suckers hoping for a revival.
3 Get a government bailout and then walk away with the profits