The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 10 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Ring originally sold its products below manufacturing cost
“When we came out with it, we were making them for more than we were selling them for.”
Siminoff: A big security company probably could have unseated Ring early on
“If one of the, if someone that big had come out with something much earlier, could they have unseated us? Probably.”
Siminoff: Amazon is the only tech giant that elevates acquired companies
“Amazon was the only large company that I saw or felt
When they bought companies truly like brought it to the next level. Like I, you know, with audible and IMDB and Zappos and I mean, you look at Twitch, like you look at all the, they've just kept founders and…”
Siminoff: Ring launched in October 2014 with zero dollars in the bank
“We launched ring in October of 2014, like, you know, basically October first, 2014, and we were zero dollars in the bank account the day we launched.”
Siminoff: Ring Receives Over 1 Million Missing Pet Reports Annually
“Which we get over one million people tell us that their pet is missing in a neighborhood a year.”
Siminoff: Early Ring Devices Were Bricked by Unmodifiable Firmware
“Most of our units are now in the field with customers that not only do they not work, but we can't change that software on them. So they're basically bricks.”
Siminoff: Ring is the largest company to ever appear on Shark Tank
“I am really proud to have built the largest company ever to appear on Shark Tank.”
Siminoff prints his personal email on every Ring box and responds
“My email's still on every box. I still respond to them.”
Siminoff: Ring lost money on most doorbells sold in 2015
“So we were not. So the rings were very expensive, the first ones that came in. Most of the ones that we sold, we were losing some money on.”
Siminoff: Ring originated because garage lacked cell signal and doorbell range
“My phone didn't get signal in the garage, and the doorbells, those wireless ones, wouldn't reach to the garage, just, like, through, they wouldn't go through all the walls or whatever, and my, the garage was like a little separate unit, like, going to a back a…”