Photo : Twitter
James Siminoff converted his idea into reality to become the inventor of the world’s first Wi-Fi video doorbell. Reports suggest that the idea came to his mind while he was in garage. He developed ring to see a delivery person at the front door while he was in his garage. He named his start up Doorbot and went as a contestant in Shark Tank 2013.
Over there, he pitched his startup Doorbot, the maker of a doorbell with a camera that sent the video to users’ smartphones. The Sharks initially showed interest but ended up got giving any offer to him. One of the Shark said, “I think it’s a great business. I think you’ll be successful. It will be worth $20 million. I just can’t invest in something that’s not going to be $70 million someday.”
How he got Amazon Deal?
His appearance on Shark Tank gave him much-needed visibility. He attracted the attention of Richard Branson, who went on to invest in it. He renamed his startup Ring. In February 2018, Amazon acquired Ring in a deal reported to be worth more than $1 billion. 2018 was THE year in his life! He got a call from a producer at Shark Tank, who invited him to be a guest Shark in 2018 season. “That was a quick yes for me,” he says.
“Ring would never have survived or been where we’ve been if it hadn’t been for that exposure,” Jamie Siminoff said. Even though he didn’t get a deal, appearing on the show allowed him to live his dream, so he was eager to help others do the same, as per Inc.
After becoming a Shark himself, he became more popular. He never forgot how Sharks had failed to recognize the potential in Doorbot, and tried not to do the same with contestants. He also offered to those contestants and start-up in which other sharks were not interested.
His video went viral and is chika rounds on social media. Netizens are sharing the video by writing captions like ‘Work hard in silence, let your success be the noise’.