
The Inventor of Ring Was Bankrupt. Here’s How He Turned it Around.
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Jamie Siminoff was personally bankrupt before Shark Tank even aired. When Kevin O'Leary offered him $700K for 10% of his company, he walked away with no deal. Amazon bought that company, Ring, for $1.15 billion. In this episode of Build or Break, Jamie breaks down the actual mechanics behind the story most people only know the headline version of: why he turned down Mr. Wonderful on national TV, how everything almost fell apart before Shark Tank even filmed, and what he says now about first-night sales numbers that most founders get wrong. He also gets into the failed products before Ring (including an email he sent Nest's founder that changed his approach), what Ring's Fire Watch tool did…