Earlier quoted context omitted.
Oddly specific. Does Ring use AWS at all?
Yes, Ring hosts user videos on S3 as stated above.
Argh, sorry, I read 'does' as 'doesnt'
Amazon to acquire video doorbell maker Ring
131–135 of 135 posts
Re: Amazon to acquire video doorbell maker Ring
#132Earlier quoted context omitted.
>I imagine there are a decent chunk of Ring customers who would have not purchased the device had it been sold by Amazon in the first place. I have a hard time feeling too much sympathy for these people. The inevitable conclusion for most of these heavily-vc-funded home automation startups is an acquisition by one of the tech giants. If you are boycotting the tech giants for whatever reason, you should therefore be b…
> The inevitable conclusion for most of these heavily-vc-funded home automation startups is an acquisition by one of the tech giants. You're right that this was an obvious outcome, in retrospect. I wonder what percent of their customers saw this coming. My sense is that they're not just selling to early adopters now—my retired aunt has been telling me about Ring for quite some time. > If you are boycotting the tech g…
if you're going to feel betrayed when a startup gets acquired by FB then you should avoid all startups.
if you can be understanding about a company you don't like acquiring one you do, then buy whatever. just don't be shocked when a startup follows the same route as literally every other startup.
Re: Amazon to acquire video doorbell maker Ring
#133Earlier quoted context omitted.
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.
from eavesdropping while on vacation...and having a few million to invest.
Re: Amazon to acquire video doorbell maker Ring
#134Not 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…
>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
Same can be said of any vertical integration
Re: Amazon to acquire video doorbell maker Ring
#135Earlier quoted context omitted.
If you like Shark Tank, check out The Pitch podcast. It's very similar in concept, but in execution, I like it a lot better: - It's one pitch per episode, which allows a bit more depth - It's narrated, which let's the host cut in to explain nuances - They circle back to find out what happened after the pitch if the investments actually close - No gimmick companies - No Kevin O'Leary
Kevin O'Leary is great. If you are on the benefitting side of what people call 'the worst deal of all time', you must be a pretty good businessman[1]. And I bet The Pitch host isn't a member of the Confrérie des Chevaliers du Tastevin. [1] https://www.telegraph.co.uk/finance/4467013/Mattel-sale-ends...
He seems like a fine businessman, but an insufferable human being.