From Shark Tank Rejection to Selling Ring for $1B (with Jamie Siminoff)
Post Run High
iHeartPodcasts
1.1 • 4.5K Ratings
🗓️ 19 January 2026
⏱️ 78 minutes
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Summary
Jamie breaks down what really happened after his Shark Tank pitch, how visibility mattered more than the deal itself, and why building a fast-growing hardware company can be dangerous. He explains the brutal cash cycles behind Ring’s growth, how close the company came to running out of money, and what ultimately led to selling Ring to Amazon for over $1 billion.
Beyond business, Jamie talks about running as a daily reset, why he hires people who think like marathoners, how consistency compounds over time, and what it takes to keep making decisions when there’s no clear finish line. He also shares how mission — not products — scaled Ring, and why building things that genuinely help people has guided every phase of his career.
A wide-ranging conversation on endurance, uncertainty, and what long-term progress actually feels like while you’re still in it.
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Transcript
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| 0:00.0 | For seven years, you're in a dark tunnel and you see zero light. |
| 0:03.6 | The difference of 60 days was personally being bankrupt to selling the company for $1.15 billion. |
| 0:10.1 | You went on Shark Tank in 2013. |
| 0:12.6 | I literally drove there and I'm like, I'm going to do my thing. |
| 0:17.2 | Mark Cuban's going to just be like, Jamie, here's the money. |
| 0:19.6 | I just don't see the progression. |
| 0:21.2 | And for that reason, I'm out. I left there like in shambles. Sort of crying in bed. I remember showing them the first door bought. One person like literally just laughing said, that's the ugliest thing I've ever seen. Ended up working out. So what was it like for you coming back from that rejection? For me, like that running is that reset. |
| 0:37.7 | You get back up and you just like put your shoes on and you go back out and go for |
| 0:41.3 | another run the next day. Did you have any regrets? Um, hi guys. Welcome back to post run high. It's your host, Kate Max, and today's conversation is with Ring Founder and Technology Entrepreneur, Inventor, and Runner Jamie Siminoff. We'll be right back after this short break. |
| 1:06.8 | This is an I-Heart podcast. Guaranteed Human. Jamie Siminoff, welcome to post-run high. Thanks for having me, Kate. I'm so excited for you to be here. We just ran three miles through West Hollywood. How are you feeling? I'm feeling great. I love a run. I love a post-run high, too. I know. Do you feel the high? I do. I actually, you know, if you run enough, for sure. And that's why, you know, why I love to run every day, probably. Jamie runs three to four miles a day. I loved finding that out about you. I love knowing when successful people enjoy running. And I feel like it's more common than you'd think. I think it's common that successful people have something that they have to do to get like the energy out of this other stuff we do during the day. And so running, I, you know, for me running is that for some people, it's like weightlifting. I mean, there's all different things. But yeah, for me like that running is that reset that I kind of need every day to sort |
| 2:01.8 | of stay like a human yeah and Jamie was telling me that he's been a runner since high school you did |
| 2:05.8 | cross country I did we're similar in that way we're both from New Jersey so shout out to Jersey |
| 2:10.6 | cross country Jersey strong yeah and uh jersey cross country is hard especially for the boys |
| 2:15.7 | Jersey cross country's I mean he also have a lot of weather you know, it's like we're so lucky here in California. I mean, it rained the last couple of days, but that's so rare here. But yeah, in Jersey, it's like you're running through snow and sleet and rain and just like, it is pretty rough. I was going to say cross country is the one sport that even if it's snowing, the race is not getting canceled. And I learned that the hard way in high school. Yeah. The show must go on with cross country in New Jersey. So you took running into your 20s, into your 30s, like you have been a runner for life ever since kind of starting in high school. Yeah. And probably even like in middle school, I did lacrosse and I was terrible at lacrosse, but the one thing I could do was like outrun. I mean, if you're bad at something, like I can just try harder. And so like running, hustling was the way that I was able to sort of be, you know, someone that helped the team without having like the stick handling skills and the things that I just definitely was not born with. Yeah, I was a lacrosse player too. Actually, my whole family was like lacrosse family in Jersey, which is also very competitive. Yeah, lacrosse and Jersey is like that's, yeah. La Crosse hockey. It's like basketball in Indiana. Like it's our thing. Yeah. So how many miles a week would you say you're running out if you're |
| 3:24.6 | running three to four miles a day? I probably, I probably average, I would say probably like six to six and a half days a week. I mean, if I'm traveling on a day or something happens, like I can't obviously run. Yeah. But I don't do any down days. So if I'm here all week, I will run literally every day. I have a bit of a funny schedule because I go into the office around 8 o'clock, |
| 3:45.5 | and I find that my brain around 132 o'clock is just done. |
| 3:49.3 | Like I've just, I've like maxed it out, too many decisions, too many things have happened, |
| 3:52.7 | and I'm not as good. |
| 3:53.8 | So I usually leave the office around two, go for a run, and then I'll work, kind of like |
| 3:59.7 | mixed into stuff with family and dinner and stuff, but I'll basically work like the night |
| 4:04.5 | a couple hours here and there, get on the laptop or something. But I have to sort of take a break |
| 4:10.2 | midday for a run. Yeah. I honestly feel like if you have the flexibility to do that, |
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