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Mba 603 Management Of Innovation / Technology

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Rayan Almokharrij MBA 603 Management of Innovation/Technology Nick Woodman: The Inventor of GoPro Introduction Woodman is the Chief Executive Officer and founder of a sports action camera GoPro. According to Bloomberg, Woodman was the highest paid CEO of 2014. At the age of 39, he was categorized among the youngest billionaires. Woodman’s net worth is valued currently at $2.4 billion despite GoPro’s stock fluctuating over the recent past. The 2013 award-winning entrepreneur also participates in other action sports including snowboarding, mountain biking, race car driving, and a surfing enthusiast. Besides, he is a Red Bull addict. Background Nick Woodman was born on June 24, 1975. He is the son of Dean Woodman, the founding partner of Robertson Stephens investment bank, and a step-son to Irwin Federman. Woodman’s step-dad Irwin is a general partner in a U.S. venture. Woodman was raised at Menlo Park, California. Also, his family resided in Atherton, California. Nick went to Menlo School in California from where he graduated in 1993 with a B.A degree in visual arts. He also attained a minor in creative writing from the University of California, San Diego in 1997. His college roommate Neil Diana was his first employee at GoPro. He is remembered by his high school classmates as a highly passionate individual who could wake up at five in the morning and go surfing before going to school. Woodman comes from a family of three siblings including his two sisters. Nick and

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