Snowboarding season is starting late for me this year. But that doesn’t mean it will be any less epic. So far this season Jackson Hole has had 221″ of snow.
This year I’m introducing a GoPro gimbal stabilizer into the mix. Here is a good example video of the difference a stabilizer makes – buttery smooth video footage. I am a big nerd when it comes to gear and tech, and I guess many other things as well.
But judging by GoPro’s stock right now and the cliff it fell off of at the beginning of this month, I may be in the minority when it comes to worrying about buttery smooth snowboarding videos.
Sales over the holiday season were disappointing and they recently announced that they’re discontinuing the Karma drone. GoPro is now said to be shopping for a buyer.
Part of the problem may be their narrow action sports use case. When I’m on a mountain, I love my GoPro gear. But when I’m not snowboarding, I struggle to find consistent value in it. We all just use our phones to capture photo and video.
To make matters worse, class action litigation was recently filed against GoPro, and the company’s CEO and CFO. Investors are claiming that they failed to disclose, among other things, that demand for the GoPro brand had declined dramatically.
Who do you think would be a good buyer for GoPro?
Last Sunday the Toronto Star ran this article talking about a $30 million class-action lawsuit against developer Elad Canada. The claim is that the developer failed to deliver on the promise of direct underground subway access from its project—Emerald City Condominiums—to the Don Mills subway station.
The developer, however, doesn’t feel that they made such a representation:
The lawyer for condo developer Elad disputes the claim saying, “there was never any representation that there would be underground access” from the condo building to the subway or directly to Fairview Mall: Both are easy to reach by walking out the lobby doors and six metres to the subway entrance right out front.
But when you check the project’s website, it says the following:
Emerald City is also a commuter’s dream come true. With easy underground access to the Don Mills subway, you can be in downtown Toronto in just minutes.
Now, I suppose you could argue that, since it’s the subway, that all access is underground. And that it’s certainly “easy”. But when I read the above statements, I can understand why somebody might think there’s underground access to the subway station from within the building. That’s what I would think. It’s misleading.
But I want to hear from all of you (especially if you’re a lawyer).
Do you think the developer unfairly led purchasers into believing that they would have direct and underground access to the subway station from their building?