In a final spectacular twist of fate, Jamie Siminoff – CEO of Ring – joined the tank as a guest Shark five years after his initial appearance as a contestant, now the CEO of one of the most successful security companies on earth, and a certified billionaire in his own right.
Did anyone on Shark Tank invest in Ring?
67 Amazon previously invested in Ring through its Alexa Fund investment arm that exclusively invests in Alexa-powered devices. By the time of the acquisition, Ring had raised $209 million and was last valued at $760 million, according to Pitchbook. Siminoff has since been a guest Shark on the show.
Which shark made a deal with Ring?
Kevin O'Leary did make one of his dumb offers, offering a loan in exchange for a royalty and equity, and when Siminoff declined, O'Leary followed it up with the line he still thinks is clever: “you're dead to me.” Ring was not dead.