Episode
Jamie Siminoff: From Shark Tank Rejection to $1 Billion Ring Sale to Amazon
- Podcast
- The James Altucher Show
- Published
- May 7, 2026
- Duration seconds
- 3099
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/the-james-altucher-show-745332/episodes/jamie-siminoff-from-shark-tank-rejection-to-1-billion-ring-sale-to-amazon/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/the-james-altucher-show-745332/jamie-siminoff-from-shark-tank-rejection-to-1-billion-ring-sale-to-amazon.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
A Note from James: Imagine going on Shark Tank in front of Mark Cuban, Mr. Wonderful, Lori Greiner, Robert Herjavec, and the rest of the Sharks. You’re offering 10% of your business for $700,000, which values the company at $7 million. They all say no. Then, a few years later, Amazon buys your company for a billion dollars. That's gotta feel really good, and that's the experience of our next guest, Jamie Siminoff. Jamie built the company behind the video doorbell that lets you see who’s at your door—Ring—and helped turn a simple household object into a home security platform. He went on Shark Tank in 2013, didn’t get a deal, kept building anyway, and eventually sold Ring to Amazon. Jamie has a book coming out right now called Ding Dong: How Ring Went from Shark Tank Reject to Everyone's Front Door . What really impressed me about Jamie was the simplicity of all his business ideas, since this was his fourth business. A doorbell you can answer from your phone. A way to turn voicemail into text. A tool to unsubscribe from unwanted emails. The kind of ideas that make people say, “Someone must have already done that.” But we talk about this very thing and how critical it is for entrepreneurs to get over these feelings of like, "Oh, I can't do that." That’s the lesson. Sometimes the obvious problem is still unsolved. And sometimes the person who wins is the one naive enough—or stubborn enough—to fix it anyway. Episode Description: James sits down with Ring founder Jamie Siminoff to talk about one of the great modern startup stories: a rejected Shark Tank pitch, a product investors dismissed as “just a doorbell,” and an eventual billion-dollar acquisition by Amazon. But the episode is not just about the sale. It’s about how entrepreneurs see problems before markets know…