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Smart Home❌ No Deal🤝 Acquired
Ring (Doorbot)
Video doorbell that lets you see and speak to visitors from anywhere
The Pitch
Asked for
$700,000 for 10%
Season / Episode
S5 E9 (2013)
About Ring (Doorbot)
Ring started as 'Doorbot' — a Wi-Fi enabled video doorbell. Despite all sharks declining, Ring grew to dominate the smart home security market.
Company Timeline
11
2011
Jamie Siminoff invents a Wi-Fi doorbell in his garage
13
2013
Pitches as 'Doorbot' on Shark Tank. All 5 sharks decline
14
2014
Rebrands to Ring. Raises $28M in funding
16
2016
Launches Ring Alarm home security system
18
2018
Amazon acquires Ring for $1.2 billion
18
2018
Siminoff appears on Shark Tank Season 10 as a guest shark
Where Are They Now?
Acquired by Amazon for $1.2B — the most famous 'no deal' in Shark Tank history.
🦈 Shark Update
Jamie Siminoff returned to Shark Tank in Season 10 as a guest shark — the ultimate revenge arc.
💰 Shark Return on Investment
Estimated Return
Missed $1.2B acquisition
Current Value
N/A — no deal
😬 Biggest miss ever
Watch the Pitch
#smart home#security#doorbell