Jamie Siminoff: My way of winning is building a lock no one else has.
Title: Jamie Siminoff: My way of winning is building a lock no one else has.
Description:
Apple is reportedly getting into Jamie Siminoff’s market. His answer isn’t a competitive strategy, it’s that competition doesn’t factor into his decisions at all. The Ring founder and chief inventor tells Yahoo Finance Executive Editor Brian Sozzi about the company’s first-ever smart lock, a hand-crank dial that solves the dead-battery problem that’s kept smart locks from catching on, how he built it himself overnight using AI, and why he says staying focused on customers is the only competitive strategy he’s ever needed.
Timestamps
0:00 Keeping his engineers focused on the mission
0:40 An update on Search Party, Ring’s lost-dog AI tool
1:57 Why Ring finally made a smart lock
3:09 How the power dial actually works
5:42 The other versions he tried and rejected
7:33 No key, by design
8:52 What else is left to invent at home
13:20 Apple is reportedly entering this space. His response.
16:14 Why he came back to Amazon
19:20 His four principles for moving fast
22:28 Where he lands on AI moving this fast
#RingSmartLock #JamieSiminoff #PowerPlayers #YahooFinance #SmartHome
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