GoPro Founder Provides $20M Loan Amid 99% Stock Decline
GoPro Founder Provides $20M Loan Amid 99% Stock Decline
Published on
GoPro's founder, Nicholas Woodman, has extended a $20 million loan to the company to aid its survival following a drastic 99% collapse in its stock value from its peak. Woodman, who achieved billionaire status through GoPro, is now providing crucial financing to keep the company afloat.
Nicholas Woodman became a billionaire from GoPro. Now, with the stock down 99% from its peak, it took financing from him to survive.
The post GoPro founder lends company $20M after 99% stock collapse appeared first on Protos.