GoPro CEO Optimistic After Exiting Drone Business

The CEO of GoPro discusses the company's openness to partnerships or acquisitions to expand its reach. Despite executive turnover, GoPro remains focused on its camera, app, and cloud businesses. The company is working to attract and retain top talent by offering innovative opportunities. With the drone business shutting down, GoPro aims to drive revenue through its core business and increased advertising. The software and subscription services are expected to become significant revenue contributors, with a strong conversion rate and low churn among subscribers.

What is the CEO's stance on GoPro's potential partnerships or acquisitions?

• He believes GoPro should remain a standalone company at all costs.

• He is open to them if they expand the company's reach and relevance.

• He has not considered any partnerships or acquisitions.

• He is against any partnerships or acquisitions.

Why is GoPro experiencing executive turnover according to the CEO?

• The company is downsizing due to financial losses.

• Executives are leaving for better opportunities elsewhere.

• The company is focusing more on its core businesses, reducing the scope of some roles.

• There is a lack of leadership within the company.

How does GoPro plan to attract and retain top talent?

• By offering high salaries and bonuses.

• By providing a big vision and innovative opportunities.

• By offering flexible working hours.

• By focusing solely on hardware development.

What is one of the new revenue drivers for GoPro in 2018?

• Expanding the drone business.

• Reducing the price of existing products.

• Increasing advertising spend.

• Launching a new line of smartphones.

What has been the response to GoPro's Plus subscription service?

• It has been discontinued due to lack of interest.

• It has shown strong free trial to paid conversion rates and low churn rates.

• It has been largely unsuccessful with high churn rates.

• It has not been marketed yet.