RE: Ring update

Jeff Bezos to Dave Limp, December 15, 2017

Congress

From: Jeff Bezos
Sent: Friday, December 15, 2017 1:36 PM
To: Dave Limp
Cc: Peter Krawiec, Nick Komorous, Jeff Helbling, Douglas Booms
Subject: RE: Ring update

To be clear, my view here is that we're buying market position – not technology. And that market position and momentum is very valuable.

JBX-000006

About this email

Last message in the chain. Amazon announced the Ring acquisition in February 2018. Bezos was asked about this email at the July 2020 House Judiciary hearing.

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.