I Built a Business In My Garage, Got Rejected On Shark Tank — Then Sold It to Amazon for $1 Billion

Key Takeaways

• Siminoff’s Doorbot prototype paved the way for Ring’s official launch in 2014.
• Despite a rejection on Shark Tank, Ring was acquired by Amazon for about $1 billion.
• Now, Siminoff continues to work closely on the product, with a focus on AI.

This as-told-to story is based on a conversation with Jamie Siminoff, founder of Ring and author of Ding Dong, which explores how he turned his garage-built prototype into a video doorbell...