| Founded | 2016 |
|---|---|
| Closed | 2018 |
| Country | USA |
| Sector | Hardware |
| Total raised | Public company (IPO 2014) |
| Collapse type | Sudden Collapse |
| Founder | Nick Woodman |
GoPro Karma Drone
"GoPro's drone — recalled for falling out of the sky after battery failures, re-launched to compete with DJI, discontinued again, and killed $8B in shareholder value along the way"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
GoPro launched the Karma drone in September 2016 — a folding consumer drone designed to compete with DJI's Phantom series.
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