@getmoneysaving: He got rejected on Shark Tank but they regretted it later. In 2013, Siminoff pitched his Wi-Fi video doorbell asking for $700,000 for a 10% stake. He was nearly out of money, working out of his garage, and spent $10,000 just to build his pitch set for the show. Four of the Sharks passed, and Kevin O'Leary offered a predatory loan/royalty deal that Siminoff rejected, walking off the set with zero investment. Just five years later, Amazon bought Ring for over $1 Billion, and Siminoff returned to Shark Tank—not as a contestant, but as a guest Shark. #sharktank

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Tuesday 21 July 2026 08:07:40 GMT