Re: more on GPRO>>> The Compelling Reason To greed.
in response to
by
posted on
Jan 28, 2015 10:27AM
"they would have had to posses much more up front capitial to get the business started the right way and pay for the patents of others.'
Foxconn(Terry Gou) contributed 200 million to get the GoPro company rolling.
It also hooked up the manufacturing for Woodman .
Woodman states that Foxconn manufactured the devices...and Terry Gou was taking a seat on the board.
Terry Gou and Woodman have connections in their CA hometown.
Foxconn is denying, but I say its true, handing 200 million to Woodman takes a lot of oversight. Seems friction developed there...
Foxconn helped Woodman with all aspects of the GOPro company including IP and manufacturing.
doni