Are they really worth that? Well, no not really :-) They desperately need to justify this valuation somehow. Watch this space. They'll be acquiring startups left and right most likely. And entering new markets. What is the flavor of the month? Drones of course. So, there you are.
That said, I think everyone will have very high expectations for this. But who will it be for? Drones are the new "toy for grownups", very similar to GoPro cameras. Anyone in the market for a DJI phantom, or one of the myriad Pixhawk-based "follow me drones" to hit kickstarter last year (airdog, etc.)
GoPro is now a public company.
Their IPO was for around ONE BILLION
Now their market cap is TEN BILLION
Are they really worth that? Well, no not really :-) They desperately need to justify this valuation somehow. Watch this space. They'll be acquiring startups left and right most likely. And entering new markets. What is the flavor of the month? Drones of course. So, there you are.
That said, I think everyone will have very high expectations for this. But who will it be for? Drones are the new "toy for grownups", very similar to GoPro cameras. Anyone in the market for a DJI phantom, or one of the myriad Pixhawk-based "follow me drones" to hit kickstarter last year (airdog, etc.)