Ring has now raised $100M for video doorbells
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Re: Ring has now raised $100M for video doorbells
#2[0] http://www.statista.com/topics/1618/residential-housing-in-t...
Re: Ring has now raised $100M for video doorbells
#3You can get an iphone 6s camera replacement for around $40, it seems like the quality is far superior to the current consumer security cameras on the market - so why are ring and nest the only options?
Re: Ring has now raised $100M for video doorbells
#4A little under $1 for every home in the US [0], so far. [0] http://www.statista.com/topics/1618/residential-housing-in-t...
Re: Ring has now raised $100M for video doorbells
#5lot of products are being sold in the name of protecting your kids because this is a common reasoning appealing to parents. Not sure how comfortable I'd be growing up with parents who use surveillance capabilities like these and never stop stalking me. I guess I might react in 2 different ways: 1) constantly anxious over who is watching 2) ignoring the way I'm watched and growing up as a "properly indoctrinated soldier" who agrees that surveillance is not a problem and privacy is not a right because you shouldn't have anything to hide anyway.
What bothers me most though is that we make our kids believe that big brother will always watch out for us.
Re: Ring has now raised $100M for video doorbells
#6A little under $1 for every home in the US [0], so far. [0] http://www.statista.com/topics/1618/residential-housing-in-t...
Yeah, and at $199 per house this is a massive market. They say they are at 50,000 units per month, so around $10 million per month in sales, which they say is growing at multi-hundred percent yearly. Doesn't seem obviously foolish.
Ring got a $200M valuation. Assuming investors would be happy with a modest 5x valuation, Ring is going to have to sell several million doorbells to make that happen.
Re: Ring has now raised $100M for video doorbells
#7I like this a lot because of its inconspicuous design. Are there any other security cameras that aren't bulky? You can get an iphone 6s camera replacement for around $40, it seems like the quality is far superior to the current consumer security cameras on the market - so why are ring and nest the only options?
Re: Ring has now raised $100M for video doorbells
#8"Instead of getting a notification that there was motion at the front door and getting a link to the video, the notification might let the homeowner know that the homeowner’s child was at the door, signalling that little Aidan had made it home from school." lot of products are being sold in the name of protecting your kids because this is a common reasoning appealing to parents. Not sure how comfortable I'd be growin…
Re: Ring has now raised $100M for video doorbells
#9Earlier quoted context omitted.
Yeah, and at $199 per house this is a massive market. They say they are at 50,000 units per month, so around $10 million per month in sales, which they say is growing at multi-hundred percent yearly. Doesn't seem obviously foolish.
It depends on how you look at it. Right now Ring is the primary company in this market, but if they get real traction it would be easy for Google to add a button to a Nestcam and make a Nestbell. There are Chinese companies flooding the security market with low-cost and good quality equipment. Ring got a $200M valuation. Assuming investors would be happy with a modest 5x valuation, Ring is going to have to sell sever…
Re: Ring has now raised $100M for video doorbells
#10"Instead of getting a notification that there was motion at the front door and getting a link to the video, the notification might let the homeowner know that the homeowner’s child was at the door, signalling that little Aidan had made it home from school." lot of products are being sold in the name of protecting your kids because this is a common reasoning appealing to parents. Not sure how comfortable I'd be growin…
3) Rebel