How a $200 Doorbell Became a $4B Business
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
Jamie created Ring Dorbell. You sold it for like a billion dollars, right? 1.15. The part after his decimal point is worth more than our entire career so far. I want to brainstorm business ideas with you. I want to see how you think. Is there a five or ten billion dollar company hiding in the bug space? Probably there is. You said I just don't know how to stop. And sometimes it's not smart and it costs me. Yeah. You're gonna make me cry, Sam? You gonna you gonna do this?
I feel like I can rule the world, I know I could be what I want to I put my law in it like my day song on the road, let's travel. So Sean, listen, if you're like me, you woke up this morning, you roll out of bed, you checked businessinsider.com. And you read this amazing article about Jamie and it just says, I'm Jamie and I'm the CEO of Ring. And I have the world's worst morning routine. And it's a whole article about how he rolls out of bed.
He scrolls his phone for about four hours. Everything they say he shouldn't do. Like immediately like all the wrong shit. Like everything. That was the whole article about how JB has the world's worst routine. Good PR strategy. Right. Like they sit down with you and they're like, Hey, we need to get some cool like tech billionaire weirdo stuff. What do you got? And you're like, Nope, don't have anything. So they're like, Okay, we've got to use that. Yeah, like the average guy from Missouri. Mm-hmm.
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