Curious parallel to iRobot (Roomba): first mover in new product segment, became genericized name for things in that segment, in the end, (possibly in GoPro's case) could not compete in that segment

Basically the problem with American corporate thinking.

Make a great product, stop innovating, and then spend the rest of the life of you company trying to extra as many dollars as possible from the first mover goodwill. Spend as few of those dollar possible innovating or improving the product. Or if you are innovating, it's in ways to break your old products to try and trick your customers into buying more.

The core of the problem is that those who own businesses only care about extracting money from stock and investment. The best way to do that isn't making a good product. In fact, it's practically the opposite.

I got a Insta 360 go 3S camera recently and damn the tech is amazing. What's sus is the mandatory phone activation/allowing permissions. Once I activated the camera I deleted the app.

It's interesting because in software it's usually the opposite. First to market is the winner even with an inferior product. See whatsapp and telegram

it's not the first nor the last case. Another excellent similar case was Nokia.