[10] He earned a bachelor's degree in visual arts and a minor in creative writing from the University of California, San Diego in 1997.

The first was a website called EmpowerAll.com, which attempted to sell electronic goods for no more than a $2 markup, and the second was Funbug, a gaming and marketing platform that gave users the chance to win cash prizes.

[18] Woodman and his future wife Jill generated an additional $10,000 by selling beads and shell necklaces they bought in Bali (for $1.90) out of their old Volkswagen bus along the California coast (for $60).

[19] His desire for a camera system that could capture close up footage inspired the GoPro name, as, at that time, the only surfers who were filmed were the professionals.

[23] The product has since evolved into a compact digital camera that supports WiFi, can be remotely controlled, has waterproof housing and records to a microSD card.

[32] In November 2016, GoPro cut an additional 15% of its workforce after attempting to branch out beyond its core business of action cameras, as the entertainment division failed to reach profitability.

[34] In January 2018, GoPro announced they were removing drones from their product lineup and reducing the workforce from 1,254 employees to fewer than 1,000.

[38][39] With the many changes at and involving GoPro, including numerous job cuts and falling stock prices, Woodman was named in a 2016 Fox Business article as one of the year's worst CEOs.

[40] Woodman won the national Ernst & Young Entrepreneur of the Year award in the retail and consumer products category in 2013.

[41] In 2014, Woodman accepted an Emmy Award on behalf of GoPro for Technology and Engineering in the category of Inexpensive Small Rugged HD Camcorders.

[43] This donation allowed Nick Woodman to reduce his taxable income by approximately $450 million while avoiding capital gains taxes on the sale of the stock.

Woodman was one of the biggest donors in the tech industry in 2014; however, it angered investors because the donation avoided the typical 180-day waiting period after an IPO.