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Amazon to acquire video doorbell maker Ring

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Re: Amazon to acquire video doorbell maker Ring

#101

Earlier quoted context omitted.

This is the approach I take. It’s not for everyone, but it can range from simple to complex depending on what you want to do. I have a variety of WiFi cameras, all of which are on a dedicated WiFi network that cannot access the internet. I use Zoneminder to handle the recording, motion detection, etc. Zoneminder is pretty versatile, but it’s ultimately up to the camera to provide a compatible method of access - RTSP…

>I have a variety of WiFi cameras, all of which are on a dedicated WiFi network that cannot access the internet. > All of my cameras, for example, have some degree of motion detection and the ability to upload files to an FTP server or send an email. Am I missing something?

The email and FTP features are available on my cameras, but I don’t personally use them. I only included it as an option to use a camera without relying on the vendor’s cloud service and without setting up something like Zoneminder.

Upon rereading my comment, it could have been structured differently to make that clearer.

Re: Amazon to acquire video doorbell maker Ring

#102

Earlier quoted context omitted.

You have the wrong idea about the show. It exists to promote the shark's own businesses and products under the guise of a contest reality show. To keep up the facade, they allow other companies to put their products up for a price, and intersperse a couple of silly products to keep people watching. It's just dressed up advertising, it's not about investing or business by any flip of the coin.

This isn't true, the only thing that is "fake" is how much time they spend asking questions. From speaking to a "dragon", they spend about 45-60 minutes assessing the product/idea. After that, if they choose to invest, they invest.

Not true. Many deals change or don't go through. https://www.forbes.com/sites/emilycanal/2016/10/21/about-72-...

Re: Amazon to acquire video doorbell maker Ring

#103
post #93

Not an original thought but its fascinating how much extra information Amazon has in these acquisitions than a normal company. When such a big part of Ring's sales are through amazon they can figure out things like * How many people search specifically for the brand Ring * If a knockoff appears first do people buy that instead * What is the growth in searches and purchases overall * Why do people return the product T…

I suppose you could go even further with it if they had things like hosting with AWS. With the product information you mentioned and any technical information they could pick up through AWS I'm sure they know exactly what to pay for something. Just gotta hope that an employee doesn't leak it one day.

Ring does host its video on AWS S3.

Re: Amazon to acquire video doorbell maker Ring

#105
post #97

Earlier quoted context omitted.

There was just another example of this - A company called Plated, Cuban agreed to invest during the show then backed out during due diligence. I guess Mr. Wonderful found out and called them up to invest later. Plated just got sold to Albertsons for 300m, and O’Leary claims to have made 1300%+ return on his investment. Poor Mark. I love the show, I don’t think any of the sharks are “dumb money,” but I don’t think it’…

> I don’t think it’s an accurate representation of what a good investment for most businesses should look like So, honestly, what do "good investments" look like then? If anything I think the only problem with shark tank's portrayal of investments is it that it doesn't explain to the audience that it's wide viewership is the largest return for most of the founders on the show. Every founder who goes on the show knows…

I think they have become a little bit better with letting the viewer know this. Cuban fought fairly publicly to retroactively void a term in the first few seasons of Shark Tank where even without an investment from the sharks ABC got a percentage of the company. They also call out pitches where the person has ridiculous terms and is obviously just trying to advertise for free.

Re: Amazon to acquire video doorbell maker Ring

#106

Ring was on the TV Show Shark Tank, and all the sharks passed on the deal. It was $700K for 10% of the company. And now it sold for more than 1 billion $.

Yep. Richard Branson was the winner on this front. $28 million investment (with a few other investors?) at $60 million valuation (in 2015 ?) > Siminoff says a Ring customer happened to be vacationing at Branson's island a couple of months ago. He used Ring to talk to a UPS delivery guy who was at his home in San Francisco. Branson, who happened to be next to that person, saw the interaction and was immediately hooked…

I think the $28 million was for the whole round, not just Branson's part. Though that would be quite the deal if he ended up netting $500 million from eavesdropping while on vacation.

Re: Amazon to acquire video doorbell maker Ring

#108
post #32

Earlier quoted context omitted.

And the panopticon grows... I'm not so concerned about Amazon or Google (though Facebook is creepy, even them). I'm worried about the access that nation-states security teams have distributed across the entire set of poorly secured, 0-day infested monitoring devices everywhere. 20 years ago I laughed at how infeasible Enemy of the State was, but now it seems feasible (with added drones). Even the "enhance/sharpen" pa…

Somewhere, someday, the 'mandatory' Alexa like device will bring us the "1984" era.

Under the guise of some new sort of 911. After they confiscate the guns.

Re: Amazon to acquire video doorbell maker Ring

#109

Amazon now has Blink and Ring. I wonder how soon "You're out of paper towels" and "Your paper towels are on the porch" will come about? Bonus points for "the neighbor kid just stole your package" alert.

>the neighbor kid just stole your package Facial recognition is rather trivial and common-place these days I suppose but the association of that face with your neighbor's kid seems to take it a step further into invasive territory.

I believe the Nest cams already do this, with more companies scheduled to add the feature.

Re: Amazon to acquire video doorbell maker Ring

#110

Earlier quoted context omitted.

I suppose you could go even further with it if they had things like hosting with AWS. With the product information you mentioned and any technical information they could pick up through AWS I'm sure they know exactly what to pay for something. Just gotta hope that an employee doesn't leak it one day.

Ring does host its video on AWS S3.

Oddly specific. Does Ring use AWS at all?
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