Jamie Siminoff

for more than anything else in my life was Shark Tank.

My name is Jamie Siminoff.

Ring has redefined the future around home security.

You get on Shark Tank, you're asking for $700,000 for 10% of the company.

Selling my company to Amazon.

Welcome to In Search of Excellence.

My guest today is Jamie Siminoff, a serial entrepreneur and inventor who is best known as the founder of Ring, the company that invented the Wi-Fi video doorbell, which has been installed on tens of millions of doors around the world.

In 2013, Jamie went on Shark Tank, pitching an early version of Ring called DoorBot, where he asked for $700,000 for 10% of the company and was turned down by every shark.

So celebrate while you can.

This week on the show, we've got Jamie Siminoff, the founder of Ring.

I thought it was appropriate to have him on to talk about his new Ring smart lock because everyone's going to be ringing those video doorbells.

I thought about this, too.

Appreciate it.

888-RICH-101.

Coming up next hour, we are going to talk to Jamie Siminoff of Ring.

Plus, we'll talk about the iPad Mini and how you can get free AI dictation in a new way.

And, and I think, you know, what worries me about it is that you might end up with, with police officers, uh, being able to g- get a lead on a case much easier that doesn't necessarily need police for a society to become safer and a better place, like a non-violent crime or, you know, something that's not a huge deal, um, rather than investigating on more serious crimes.

The argument that Flock makes, that, uh, proponents of this technology make, we had, we had Jamie Siminoff from Ring on the show, and the argument he would make is if you put enough cameras into certain neighborhoods, you will zero out crime.

That is a thing that he has said to me in the context of Ring doorbells and, and floodlight cams.

It's the same argument that proponents of Flock make.

Yeah.That is a real pendulum swing back and forth, right? The cameras are the solution during one time, and the abstract concept of the cameras are make people mad because why are you passively surveilling me? You're talking about solutions.

How do you thread that needle?

M- most of the things that are being promised by people like the CEO of Flock, Garrett Langley, and Jamie Siminoff, the CEO of Ring, um, th- they are...

They're sales tactics, right? These CEOs or executives or anybody from any com- They're not actually going out and, and doing this research in a way where they're not cherry-picking data a- and looking for statistics that support their product.

... secure video.

Um, I don't think Ring is ever gonna support Matter cameras, um, not with Jamie Siminoff-

No

... as the CEO.

Welcome to a new episode of Power Players.

I'm psyched to bring back in, uh, Jamie Siminoff.

He is the founder of Ring, and I have not seen him for a while.

Last time I saw him, you were...