Comment on Foxconn Buys Stake In Camera Maker GoPro, Turning Founder Into A BillionaireparentComments−unreal3713yHe was given $200MM for his stake, so I'd say he is set for life even not counting his 51%+ remaining stake.−pcl13yThe article doesn't get into details about the structure of the deal -- the $200M could be invested in the company (i.e., a dilutive event for shareholders), rather than a simple stock purchase. I'd guess that it's probably some mix of the two.
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He was given $200MM for his stake, so I'd say he is set for life even not counting his 51%+ remaining stake.
The article doesn't get into details about the structure of the deal -- the $200M could be invested in the company (i.e., a dilutive event for shareholders), rather than a simple stock purchase. I'd guess that it's probably some mix of the two.