[mitchellh]

Just noting that based on the valuation of the company he is a billionaire, but GoPro is still a privately held business, so he [probably] doesn't have that sort of money on hand or available as short/safe investments.

There are rumors of a GoPro IPO early next spring though[1], so he may have the cash very soon.

[1]: http://www.businessweek.com/articles/2012-10-17/gopro-widens...

[mikeryan]

Just noting that based on the valuation of the company he is a billionaire, but GoPro is still a privately held business, so he [probably] doesn't have that sort of money on hand or available as short/safe investments.

Kind of standard for most billionaires (or even millionaires) no?

[unreal37]

He was given $200MM for his stake, so I'd say he is set for life even not counting his 51%+ remaining stake.

[pcl]

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.

[sliverstorm]

Now that is an IPO I am looking forward to.

[pavlov]

To invest indirectly in GoPro, there's Ambarella which IPO'd some months ago. They make imaging processors used in most GoPro cameras such as the Hero2 and Hero3 models.

[antr]

No difference with wealth liquidity of US households.

http://en.wikipedia.org/wiki/Wealth_in_the_United_States#Wea...