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FoxConn liked the GoPro so much, they bought the company!

 Poster: A snowHead
Poster: A snowHead
Well, a $200m chunk of it anways. This values the GoPro company Woodman Labs at around $2.2bn!

Renouned evilcorp FoxConn chief Terry Gou has also now secured a seat on the board at Woodman Labs - Assuming that seat will be made out of a few of the FoxConn 'interns' piled up and arranged supportively, maybe one as a footstool.

http://www.bbc.co.uk/news/business-20807327

and for more on the delights on being an employee at FoxConn

http://www.bbc.co.uk/news/business-19697344
http://www.theregister.co.uk/2012/10/11/foxconn_injured_worker_treatment/
http://www.theregister.co.uk/2012/10/16/foxconn_finds_underage_workers/
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
$2.25BN if you please. I know it prob does not matter to you but to some of us $0.05BN is enough to keep the wolf from the door (although it obviously did not have much effect in this case!)

There is no way the company is worth that much. I'll bet there were all sorts of sneaky reasons why this deal has been done (including upping the amount of deferred share bonus the executives at Woodman can expect to receive this year). I'll also bet the deal gives certain tax advantages to both parties and FoxConn will soon be the sole manufacturer of GoPro products in the Far East.
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 Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
Whats $50m between friends...
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 You need to Login to know who's really who.
You need to Login to know who's really who.
A decent lunch in Mayfair these days .....? The cost of the G6 that Gou has put at the disposal of the Woodman execs for as long as he is on the board?
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