How Ring turned a “no deal” on Shark Tank into a major home-security win
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How Ring turned a “no deal” on Shark Tank into a major home-security win
When Jamie Siminoff made an appearance on an episode of Shark Tank in 2013, he showcased his invention: DoorBot, a WiFi-enabled video doorbell that let homeowners see and talk with visitors from anywh
5 months ago
Shark Tank Episodes
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Watch: “Shark Tank” judges reject the idea Amazon spent $1 billion on
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qz.com
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Ever heard of Ring? Well, this was their Shark Tank debut.. Formerly known as Doorbot, founder Jamie Siminoff came in the Tank in 2013. Back then, this type of system was very new to us and all but one Shark couldn’t see how it would play out in the market space. Boy, were we wrong, because Ring is now worth over one billion dollars...😳 Though Jamie did receive an offer from the royalty master himself, Mr. Kevin O’Leary, he turned it down because he felt it wasn’t the best offer for his company
6:46
Ever heard of Ring? Well, this was their Shark Tank debut.. Formerly known as Doorbot, founder Jamie Siminoff came in the Tank in 2013. Back then, this type of system was very new to us and all but one Shark couldn’t see how it would play out in the market space. Boy, were we wrong, because Ring is now worth over one billion dollars...😳 Though Jamie did receive an offer from the royalty master himself, Mr. Kevin O’Leary, he turned it down because he felt it wasn’t the best offer for his company
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qz.com
Ever heard of Ring? Well, this was their Shark Tank debut.. Formerly known as Doorbot, founder Jamie Siminoff came in the Tank in 2013. Back then, this type of system was very new to us and all but one Shark couldn’t see how it would play out in the market space. Boy, were we wrong, because Ring is now worth over one billion dollars...😳 Though Jamie did receive an offer from the royalty master himself, Mr. Kevin O’Leary, he turned it down because he felt it wasn’t the best offer for his company
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PROFIT® on Instagram: "Jamie Siminoff, the founder of DoorBot (which later became Ring), was initially rejected on Shark Tank in 2013. Despite not securing a deal, Siminoff persisted, and Ring grew into a major player in the smart home security industry. In 2018, Amazon acquired Ring for over $1 billion, making Siminoff a billionaire. In a full-circle moment, Siminoff later returned to Shark Tank as a guest investor, taking a seat alongside the very sharks who had once passed on his idea. Follow
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