Ring’s inventor was ‘completely broke’ before pitching his US$1bil idea to ‘Shark Tank’ and Amazon


Jamie Siminoff is the founder and chief inventor of Ring. — Fortune Video/The New York Times

Before doorbell company Ring was acquired by Amazon in a reported US$1bil (RM4.70bil) deal and became a fixture in over 10 million American homes, the company was the tinkering project in the garage of founder and CEO Jamie Siminoff.

A doorbell that could connect to your phone, Ring – originally called Doorbot – was supposed to be cheap to produce, but instead became an undertaking that far exceeded what Siminoff had imagined.

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