Amazon emails show how Jeff Bezos handled the Ring deal - Business Insider

Some of those emails show how Amazon CEO Jeff Bezos in 2017 strategized about how to negotiate a lower price for Ring, the smart doorbell company it would ultimately acquire in 2018 for $1 billion.

At the hearing, Bezos testified market position is "one of the primary things that one would look at in an acquisition."re you an Amazon Web Services employee? Contact this reporter via encrypted messaging app Signal or email .

though it's not clear from the emails if that's lower than the security camera company's asking price. after receiving an update about the acquisition from Amazon devices and services chief Dave Limp. "To be clear, my view here is that we're buying market position — not technology. And that market position and momentum is very valuable.", in which he testified alongside CEOs from Amazon, Facebook, and Google.

Bezos in the December 2017 email thread also suggested Amazon could offer better terms on funding for Ring's upcoming Series E round, set to close the following day, "so we don't make the acquisition too expensive for ourselves." Dollar amounts are redacted in the email.

To spy on his delivery people.

Ding dong!

You guys are this slow.

Ring is good idea if you are banking on technologically illiterate and ‘money is no object’ types (born ~1960-1975). The illegal data collecting and general data collecting via Ring, for such a ‘privacy’ minded nation, is a hoot. Keep watching the government, idiots.

So is the prat who wrote this article implying that Bezos doesn’t know what he’s doing?

Money doesn't buy everything; Mr. Jeff Bezos!

wait... the world's richest person is a smart business man? How dare he know how to run a successful business!!

You accidentally mispelled revenue with market position. 🤣

Lol. Wait. So the Point of your article was that he bought a company as a business move and not just because he arbitrarily likes technology? I thought we kind of already knew that 🤔

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