RE: Ring update

Jeff Bezos to Dave Limp, December 15, 2017

Congress

From: Jeff Bezos
Sent: Friday, December 15, 2017 10:18 AM
To: Dave Limp
Cc: Peter Krawiec, Nick Komorous, Jeff Helbling, Douglas Booms
Subject: RE: Ring update

Maybe we should do the whole [redacted] of the first series E (the one that closes tomorrow) so we don't make the acquisition too expensive for ourselves.

JBX-000007

About this email

Bezos suggested Amazon invest in the Series E round closing the next day, so the preference terms attached to it would not raise the cost of a later acquisition.

The whole thread

Dec 15, 2017 Jeff Bezos To be clear, my view here is that we're buying market position – not technology. And that market position and…
Dec 15, 2017 Jeff Bezos Maybe we should do the whole [redacted] of the first series E (the one that closes tomorrow) so we don't make…
Dec 15, 2017 Jeff Bezos We could immediately offer improved terms on tomorrow's hundred million. For example, only a [redacted] times…
Dec 15, 2017 Dave Limp Jeff, I want to provide you with an update on Ring. Corp Dev and our legal team have been in regular contact…
Dec 15, 2017 Jeff Bezos I'd buy it right now.