Fred's Fun Fact: Ring Camera

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Episode Transcript

Speaker 1 (00:00):
The Fred Show is on Friend's Fun.

Speaker 2 (00:03):
Fact Fred's Fun so much.

Speaker 1 (00:13):
You guys, maybe some of you know about this, but
I mean I would stay up at night crying. Even
if I were already rich, I would still stay up
at night crying. But a guy named Jamie Simonov appeared
on Shark Tank in twenty twenty three seeking a seven
hundred thousand dollars investment in his company called Doorbot. He
ended up turning down an offer from Kevin O'Leary, so

(00:33):
he left with no deal. After Shark Tank, he changed
the name with the company to Ring and sold it
to Amazon for one billion dollars. One billion dollars. So
this dude, Kevin O'Leary tried to get all greedy with
him in the Shark Tank. Yeah, he always asked for
what does he always ask for? Royalty loyalty. Yeah, he

(00:54):
wants a piece of every single one sold for like
the rest of his life or something, until you get
to the perpetunity. I'm like, yeah, dude, something else happened
like that with a wine, Like wine in a glass
came already in a glass and he got into it
with that guy. And then that guy wanted making a
bunch of money too, but it's like, oh my god,
Like if you've been a slightly less greedy, like anything

(01:17):
less greedy, you could have offered him a dollar and
you'd still be, you know, worth it. Anyway. I know
this guardy has a ton of money, but I would
still stay up and I'd be like, oh my god.
There's some stories like that about Uber and a couple
other things where I forget if it's like, what's that
guy vander Chuck or Vander You know that guy? Uh
uh he does all those videos Vander Oh why am

(01:38):
I no? But he's he's like the side hustle guy Gary. Yeah,
that guy Gary. I want to say, And I could
be wrong about this, but I want to say. He
tells the story about turning down an uber and early
uber like angel investment, and it's like, goofy, right, But
the final ity is but the time people were like,

(01:59):
wait a minute, want to do what people and people
and other people's cars do? You want to stick a
camera on people's doorbells? Stupid? Right? Not really more freadshell
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