Ring Founder Jamie Siminoff on launching the Always Home Cam, billion-dollar acquisition | E1129

In this episode, Jason Calacanis talks with Jamie Siminoff, the founder of Ring. They delve into Jamie's prior inventions, the creation of Doorbot, and how Shark Tank played a role in their success. They discuss Ring's latest product, Always Home Cam, and the potential of LiDAR technology. Jamie shares his experience with Amazon's acquisition and thoughts on privacy issues. Finally, they explore future hardware tech and the impact of the pandemic on innovation.

Speakers

AI Chat

Unidentified

Jason Calacanis

Host • 50%

Jamie Siminoff

Guest • 48%

Unidentified

Chapters

0:00	Start
1:18	Jason intros Jamie Siminoff & they discuss his prior inventions & projects
5:28	Jamie pitching Jason on the product that led to Ring: the "POP Charger" & Jason's less than enthusiastic response
8:43	Origin story of Doorbot - Ring's widely panned predecessor
11:13	Klaviyo - Get started with a free trial
12:24	Jamie's despair of being in the Doorbot death spiral, overcoming a bad product, how Shark Tank helped
16:54	How building difficult products that people want to exist can lead to exponential gains despite early poor reviews & how great early reviews could be a negative signal
21:02	First crime that Ring helped solve
23:29	Silicon Valley Bank - For over 35 years SVB has helped thousands of tech and life science companies plan for the future. Learn more
24:35	Jamie describes Ring's new indoor autonomous drone: the Always Home Cam
29:07	Does LiDAR play into the Always Home Cam, what new features could we expect?
34:16	Odoo - Get your first app free & $1000 off your first implementation pack
35:53	Would Ring have gone public via SPAC had they not been acquired by Amazon? Jamie tells the Amazon acquisition story, how Mark Suster helped save the company
41:02	Why Amazon is one of the best companies to be acquired by, getting brought back by Shark Tank as a guest Shark
46:42	Jamie on what makes great products
51:43	Ring privacy, anonymous video request feature, facial recognition & more
1:00:28	Interesting hardware tech coming down the pipeline, if AR glasses will work, Jamie as an Angel investor, pandemic as an accelerant

Transcript

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