GoPro CEO Says Company Isn't Engaged in Sale Talks

The transcript discusses GoPro's current stance on a potential sale and their relationship with JP Morgan, clarifying that while JP Morgan is their banker, they are not engaged in selling the company. The conversation shifts to the possibility of partnering with a larger organization to scale GoPro's brand and reach. Although not actively pursuing this, GoPro considers it a strategic option. The transcript concludes with a discussion on exploring such opportunities periodically as part of their growth strategy, without revealing specific details.

What role does JP Morgan play in GoPro's current business strategy?

• They are not involved with GoPro at all.

• They are a potential buyer for GoPro.

• They are GoPro's banker but not engaged in selling the company.

• They are helping GoPro sell the company.

What is GoPro's stance on partnering with a larger organization?

• They have already partnered with a larger organization.

• They are not interested in partnerships.

• They are actively seeking a partner.

• They would consider it if it helps scale their brand.

How often does GoPro explore the idea of a sale or partnership?

• Only during financial downturns.

• Only when approached by suitors.

• Periodically as part of their growth strategy.

• They have never considered it.

What is the main reason GoPro considers strategic partnerships?

• To enter new markets.

• To change their product line.

• To reduce operational costs.

• To grow the business in a strategic way.

What information does the speaker refrain from sharing?

• The financial status of GoPro.

• Details about potential suitors.

• The future product roadmap.

• The identity of their current partners.