From the Shark Tank to Bezos: Amazon buys Ring for $1 billion

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n3wb
Feb 28, 2018
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If there is a story of chance, luck, failure, and success all bound together by fate, it is the story of Ring.

Back in 2013, when Jamie Siminoff pitched his idea “DoorBot” to the investor-judges of Shark Tank in its fifth season as “DoorBot” for a measly $700,000, it did not go well. Walking away with nothing from that episode, he went on to work on his idea of a video doorbell connected to your smartphone through an app.
 
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