Tech Mails

RE: Ring update

Jeff Bezos to Dave Limp, December 15, 2017

Congress
From
Jeff Bezos
Sent
Friday, December 15, 2017 10:35 AM
To
Dave Limp
Cc
Peter Krawiec, Nick Komorous, Jeff Helbling, Douglas Booms
Subject
RE: Ring update
We could immediately offer improved terms on tomorrow's hundred million. For example, only a [redacted] times preference instead of the [redacted].
JBX-000008

About this email

Bezos proposed offering Ring better terms on the round than the investor preference Ring was planning.

The whole thread

  1. 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…
  2. 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…
  3. Dec 15, 2017 Jeff Bezos We could immediately offer improved terms on tomorrow's hundred million. For example, only a [redacted] times…
  4. 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…
  5. Dec 15, 2017 Jeff Bezos I'd buy it right now.