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Jamie Siminoff[edit]

Early Years[edit]

Born October 18,1976 grew up in Chester, NJ-Attended West Morris Mendham High School in Mendham, NJ. Attended Babson Colleg in Wellesley, MA where he studied entrepreneurship. He now lives in Los Angles, CA.

In middle school, Siminoff struggled as a student due to poor study habits. Later him improved after his father offered to buy him a new car in exchange for straight A's. While attending college, Siminoff grew into an entrepreneur and used his skills to make money by selling electronics and creating business plans.

Siminoff married Erin Lindsey from Indianapolis who attended Pepperdine Universityand now works at 20th Century Fox Films. They have a son named Oliver. [1]

Doorbot[edit]

After college, living in Southern California, Siminoff and two assistance began working again in his garage. While working he tried to find a solution to a reoccurring problem, how to see who was ringing his doorbell while he was working. He looked for a company online who offered a doorbell that would ring through your cell phone but could not find one.

Siminoff, along with his assistants , and support from his wife Erin, began to make the first prototype of the doorbell that rings through your phone. Other companies offered similar products, but none of the other companies offered HD video that would stream to your phone. With a new product to launch, the group went on to fine investors and start the branding and packaging of the DoorBot.[1]

Shark Tank[edit]

In 2013, the biggest break came when a friend, looking for tips for his start-up, gave Jamie the email address for the producer of Shark Tank.Feeling defeated, Siminoff had nothing to lose. After the long process of vetting and legal review, he had his chance to impress the sharks. In the end, Siminoff received one offer from Kevin O'Learywhich he ultimately turned down.

Investors[edit]

Shark Tank didn't pay off the way he hoped, but what it did do was give the DoorBot the exposure it lacked, captivated new investors, and also attracted an unusual spokesperson. The exposure on Shark Tank attracted the attention of billionaire Richard Bransonwho enthusiastically invested. Another investor mentioned during a pitch that Siminoff should change the name from DoorBot to Ring after he noticed Siminoff mentioned the word several times during his pitch. Siminoff rebranded and was on target to earn $5 million in sales. He also was able to attract superstar athlete Shaquille O'Neal, who became a spokesman for Ring. "I love partnering with Jamie, because one, he's a brilliant mind, two, he really cares about the customer, and three, he gave me a million dollars worth of product last year to give away to people in inner cities," O'Neal said.

Amazon[edit]

In February of 2018, Amazon announced it's plans to purchase Ring. Siminoff was happy to sell to Amazon, stating that his goal was to make neighborhoods safer and to do so you need to reach as many people as possible. Siminoff an active participant in Ring and he continues to improve the product. Pairing up with National Nigh Out, he launched a Neighbors app that lets neighbors see and post videos of crimes that have been committed in their town.[2]

References[edit]

  1. ^ a b www.digitaltrends.com https://www.digitaltrends.com/home/ring-ceo-jamie-siminoff-unusual-road-to-success/. Retrieved 2019-07-17. {{cite web}}: Missing or empty |title= (help)
  2. ^ Canal, Emily (2018-06-27). "First, I Lost on 'Shark Tank.' Then, I Sold My Startup for Over $1 Billion". Inc.com. Retrieved 2019-07-17.