.
Feedback

San Mateo County Business Makes Founder a Billionaire

Nick Woodman is the 36-year-old founder and CEO of GoPro, a wearable camera produced by Woodman Labs.

 

He started his business in Half Moon Bay to be close to surfing opportunities. Then he moved his company to San Mateo to be closer to business opportunities.

That's Nicholas Woodman, now 36, who founded GoPro and continues as its CEO.

Woodman created a wearable camera that can produce images anywhere an athlete or daring explorer wants to take it.

He produced the camera through Woodman Labs.

His company was bought by Foxconn last week. Foxconn purchased 8.88 percent of Woodman's camera company for $200 million.

Forbes discovered Woodman is the majority owner, and even if he controls the minimum 51% of the company, it means Woodman is worth at least $1.15 billion.

Inc reporter Tom Foster chased Woodman around and interviewed him for an article that appeared over the summer.

 

Speaking of sports, KTVU.com reported that officials with the America's Cup boat race has accused Larry Ellision's Oracle team of spying on a competitor.

An international jury said the Oracle team got too close of an Italian rival's boat and photographed it.  

The Oracle team has been ordered to hand over the pictures. The penalty is still pending.

 

 

 

Newsletter & Alerts

Get the best stories each day and important breaking news

Subscribe

Not from Redwood City-Woodside Patch? Find your Local Patch »

Loading comments ...
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
Merrily May 20, 2013 at 09:54 pm
That is a really good question, Bret! It has been a MIGHTY long time since we had a raise includingRead More even a cost of living increase!
Vanessa Castañeda (Editor) May 20, 2013 at 05:19 pm
Good question, Bret.
Vanessa Castañeda (Editor) May 16, 2013 at 11:35 am
Pamela, are you following a conversation that's taking place on Patch?
Bret Baird May 18, 2013 at 09:05 am
Thank you for posting this. As a teacher who represents 500 teachers, we routinely pay out of ourRead More own pockets to support our students.
Linda Allen April 10, 2013 at 02:02 pm
Jennifer, thank you for all your wonderful work on Patch. Life is a journey and you're on yours.Read More It will be an amazing change for you and family. Real estate will definately be cheaper, which is my bigest gripe with rentals in the bay area. I wish you all the happiness you deserve. Linda Allen
Kate Ashley April 5, 2013 at 06:18 pm
Tot ziens en veel geluk Jennifer!
Jacqueline Whittier Kubicka April 5, 2013 at 04:03 pm
Jennifer: I really enjoyed working with you on the story about the Barnes family and Ballet AmericaRead More back in December. Also liked "following you around town" on the other stories you covered. There will be lots of great people and exciting news back east -- not to worry. Best of luck.
Buck Shaw March 31, 2013 at 01:15 pm
So why do you keep voting for bigger Government? Seems the consumers have solved the problemRead More without "It's" help.
Lou Covey, The Local Motive March 31, 2013 at 12:43 pm
This is a much more effective means for dealing with the issue. Legislation is not.
roberta peters March 31, 2013 at 12:26 am
I agree, the public has the right to know what they are eating. It is absurd to be purchasing foodRead More that contains GMOs and not be able to know it is in the food.... why the secret if it is so safe??? I will not shop at any food stores that refuse to provide the public with information on what I am eating or serving to the people I care about. Trader Joes and Whole Foods have my loyalty for having the courage to stand up against the big guys and set an example by doing what is right for the consumer and not folding to pressure from Monsanto, Dupont and the other corporate giants that could care less about our safety and only care about how much money they can rake in.