To be fair he’d be saying that because he’d be upset he’s not getting a piece of the pie. He definitely believed in him, man was just upset he’s not getting in on it.
This guy has never offered a win-win deal to any entrepreneur 😂 He's always like I will give you the money but in return I want 100% of your company, your house, your wife and your daughter
@@trilliedon8728 are you not allowed to sell a company if someone else some shares in it as well? Couldn't he have sold the 97.5% he still had? Actually this might sound stupid, I don't know
He is quoting wrong details, must have forgotten. Mr Wonderful offered to give 700 k for 5% equity, plus 10% royalty for each item sold till he recovers 700 k. The royalty would decrease to 7% post the payment of 700k. Dude got the whole deal details wrong. Can't blame him though.
Yep. Jamie was wise not to take that deal. He believed in his product and more importantly he believed in himself. Now he’s freakin rich and gave reasonable if not better deals to those who needed funding at that same show.
Guys like this dont get rich by forgetting the details of deals, especially massively lucrative ones. He was image curating. He wanted to make himself look like less of both an ass and a business fool, by altering the details. He was an ass trying to leverage the other sharks decline to invest, leaving him as the last man to do so; and he was a fool because he saw a product with amazing market potential for joe public but was simply out of touch with joe public... because the guy buys steak sprinkled with gold and cant see value in front of his face.
Shaq has a great story about Ring..He was impressed enough to invest...Shortly thereafter Amazon bought that company...He didn't say what his return was but he had quite the smile..
...Shaq: used the profits to invest in FTX..even made a few commercials too! Lost millions of his own money and tens of millions of his fans' money in the process. Reaaal smart investing right there.
@@alwinsoria97 when the numbers are that close there’s no real way to know who’s richer, net worth on Google fluctuates and can almost never be accurate
He offered $700k for 5% equity, 10% royalty on each unit sold until he gets that $700k back, then 7% on each unit sold after that. but apparently Shaq and Nas both decided to invest in the company once they heard about it.
@@jessicachamiye He’s practically asking a 7-10% dividend while having 5% share of equity. So even if the company decides to not issue out dividends, this guy still has a steady flow of passive income indefinitely. Even worse it’s coming from straight revenue rather than profits. So even if they’re in negative profits, they’d still have to expense his royalties. This guy is greedy af.
Yeah. Having someone have a royalty on sales can make an acquisition difficult too. Amazon would have had to buy out that royalty stream. Would have complicated things a lot.
Dude always rips off everyone on every offer and acts like he is doing people a favour , the ring guy just needed financial support and you tried to screw him that’s what happened
He give 600K as a loan 10%revenue with fucking 10$ royalty, its fucking scammer. He know that things gonna blowing up, but his ego and greed made it his biggest regret. He should have realized that when making the offer.
Its not ripping ppl off, he's making deals with what he feels comfy with. Everything he does is a 'risk', calculated and educated risks, sure. But we can't force them to spend their money on us, we gotta earn it!! Otherwise, what then will happen to us when we're rich?
@@poseidonpw it can be legal and predatory at the same time. What he's doing is legal but extremely predatory to business owners who need money to expand their company.
@@poseidonpw "with what he feels comfy with" dude gives you 500k and wants 500k back plus a percentage of ur company, piece of shit is literally straight up robbing you in your face without a gun💀
It was sold for $1bn to Amazon so he would have made about $25m plus his advisor shares etc. No Idea how he thinks he would get $800m when he would be buying 2.5% of a company that sold for a Bn.
@@ajm_2273 it would not be 2.5% as it would have also been diluted down. Also, ring got acquired so he wouldn't own it now anyway, he would have had to sell when they were acquired. Was it a great deal that he missed, absolutely !! Was it $800m? I can't see how he came to that figure.
@@Jones-ke6btIt's not really. You can get a small business loan if you have established business. You'll probably pay 8% interest, but you'll maintain ownership.
@@Ohtani9999he has his details wrong. He was offering 10% which would be closer to $100-$80 million because Ring sold for a billion not billions. Still a missed opportunity.
Because he wanted something like 10% of each unit sold until he got his money back then wanted 7% Per unit after.... I guess that would still be in place and he would be earning 7% per sale which would probably be around 800m
LIES! Lol you actually wanted to loan him $700k at 10% interest for 10% royalties. When paid off it would drop to 7% royalties. Big difference from your claimed 2.5%🤣
It can be true bcoz in his original offer, he was asking for 10% royalty on each product sold. If your company is brought at 1B ypur sales must be or 50x or higher than your company value.
He could have own 1 percent or less of the company because Ring raised extra $400m after shark tanks so Mr Wonderful could made around $8 to $10m maximum.
Hes gonna double triple or quadruple your money in 3 years and you want them to give you a percentage of their company?. Only idiot will accept that deal (scam). 😂😂
For real. Essentially he wants to lose absolutely nothing at all, take absolutely no risk, and still expect someone to give him free money. It's a straight-up scam.
His math is way off or he is exaggerating, the ring sold for $1billion, for him to make $800million he'd have to own 80% of the company. The deal he made in shark tank was for 2.5% of the company, not even close to $800million, it's more likely he meant $80million. The founder of Ring held the most stock out of all the owners, and he made around $130 million, which is way more than anyone else made.
Damn Kevin could have entered the Billionaire club with that deal….😮 if he really would have made 800 million…..considering his net worth is 400 million…
Totally wrong details. He was offering 700k not 600k, with royalty not interest, and Jamie siminoff countered with the deal cancelling the royalty and taking it in debt for 12% interest. Hence proved on camera, you're a liar Mr. Wonderful
Dude wanted 10% not 2.5%. It was $700K, not a big deal. But he’s way off on what he asked for. Even a weasel when he’s telling stories. Story up buddy!
Kevin has a horrible memory of straight up lies. First of all, it didn’t sell for billions, it sold for 1 billion. Second of all he wanted 5% of the company not 2.5%. 3rd of all, he would have made about $50 million. Not $800 million. The owner netted about $350 million
Lol, his offer was 10% royalties(7% after paying off the 700k) with 5% equity for 700k. Jamie countered this offer with 10% interest rate on the "loan" and 3% equity wich Kevin turned down. Jamies counter offer was a better deal that Kevin claimed to have offered and he turned it down. Just take the L bro😂.
It was 10% equity for $700,000 and Kevin declined, instead asking for 10% royalties. The ring founder suggested a loan and 2.5% equity. If Kevin took the original deal he would have done great.
800M?🤔 i think he mean 80M because ring only sold for 1or2B so how would he get 800M of it. The whole shark tank couldn't see the vision. It goes to show you even the most talented investors don't always see good investment even when it right in their face.
They've been meeting up on a yearly basis just so Jamie ran rub it in more obviously they're friendly & clearly he was being sarcastic in the show also for the show it's tv.
At least you have a shark tank deal lol 600k on a loan you did not even give away that money and you thought getting 800 mill back is what you deserve? Nah he has a right to grind it in your face
Even without an interest rate a loan it's still a loan, not only he will have profits from loan interest but he also get 2.5% equity? If any that's a robbery, I assume bank will got you a better deal than that.
Nah, this guy was always wants to take so much out of a business. His greed can be seen in almost every offer he gives or makes. He never ed all the way to his office. That’s not how it went
He could have own 1 percent or less of the company because Ring raised extra $400m after shark tanks so Mr Wonderful could made around $8 to $10m maximum.
Wouldn't he still had part of the company even if it is a small percentage? I mean the creator of Ring would only sell his share of the company, the 97.5% and Amazon would still pay Mr. Wonder his 2.5% of the earnings of the product sold still today which wouldn't be huge for him unless he had obtained at least 10% or 15% of it. Still i don't think it would had ended the same and the company either would go under, under the management of Kevin and the creator of Ring or it would had boomed and they both be doing billions out of it today.
When he said "you are dead to me" then years later "i was the only one who believed in u" 🤣🤣 yea ok.
You’re dead to me have been said to another guy that owns a wine company.
@@abdelghafourelamraniezzarr9649no literally just watched it he said it too the ring ceo
To be fair he’d be saying that because he’d be upset he’s not getting a piece of the pie. He definitely believed in him, man was just upset he’s not getting in on it.
He says you are dead to me in the show often, I'm pretty sure it's just a running gag
Kevin's "you're dead to me" is equal to Mark Cuban's "congrats guys"
This guy has never offered a win-win deal to any entrepreneur 😂 He's always like I will give you the money but in return I want 100% of your company, your house, your wife and your daughter
Calm down 😂😂 Kevin doesn’t play about his money. He’s not like Cuban using his emotions to invest.
No he is just a leech@@ethanporto1745
Yeah he'll like make the most weirdest deals lol
And his money back in two years
@@ethanporto1745 And yet cuban is richer
So he wanted to give a guy 600k for 2.5 percent if the company but he also wanted 2 get the 600k back. Glad he got turned down bc that is a scam
Technically it’s not. 600k is a loan for 3 years. Only thing is the guy probably wouldn’t be able to sell the company
@@trilliedon8728 are you not allowed to sell a company if someone else some shares in it as well? Couldn't he have sold the 97.5% he still had? Actually this might sound stupid, I don't know
@@trilliedon8728 it is he can just go 2 a bank n ask for a loan
@@dannyamar5888 you’ll be paying way more money at the bank for a way longer year. That’s a no brainer
@@trilliedon8728 are u sure about that bc a part of his company is being sold so that could raise value
He is quoting wrong details, must have forgotten.
Mr Wonderful offered to give 700 k for 5% equity, plus 10% royalty for each item sold till he recovers 700 k. The royalty would decrease to 7% post the payment of 700k.
Dude got the whole deal details wrong. Can't blame him though.
Yep. Jamie was wise not to take that deal. He believed in his product and more importantly he believed in himself. Now he’s freakin rich and gave reasonable if not better deals to those who needed funding at that same show.
Guys like this dont get rich by forgetting the details of deals, especially massively lucrative ones. He was image curating. He wanted to make himself look like less of both an ass and a business fool, by altering the details. He was an ass trying to leverage the other sharks decline to invest, leaving him as the last man to do so; and he was a fool because he saw a product with amazing market potential for joe public but was simply out of touch with joe public... because the guy buys steak sprinkled with gold and cant see value in front of his face.
He said he could have made 800 million from that deal, for that to happen, he has to own 80% of that company, numbers just don't make sense😂
@@jazzyjazzy903no he doesn’t 😂😂😂😂 how dumb are you?
ummm nobody gives a shit
Shaq has a great story about Ring..He was impressed enough to invest...Shortly thereafter Amazon bought that company...He didn't say what his return was but he had quite the smile..
Nas invested too!
Shaq invested when ring was already on the Best Buy shelves and had a name for itself.
...Shaq: used the profits to invest in FTX..even made a few commercials too! Lost millions of his own money and tens of millions of his fans' money in the process. Reaaal smart investing right there.
Must be nice having all those connections.
@@nickloss2377yep. People like to forget that.
No wonder he's on Logan Paul's podcast
Scammers love other scammers
Truth
@@JesbaamSanchez Mark Cuban was on this podcast too yk
Now the one who owns ring is richer than him
Exactly
No. Oleary is worth 400m. Siminoff is worth 350m.
@@alwinsoria97 still though. That’s a massive come up
@@alwinsoria97 when the numbers are that close there’s no real way to know who’s richer, net worth on Google fluctuates and can almost never be accurate
@@alwinsoria97 you got that from a Google search 😂
Kevin wanted 10% of all sales on top of his equity. The guy was smart to turn down the offer.
He offered $700k for 5% equity, 10% royalty on each unit sold until he gets that $700k back, then 7% on each unit sold after that. but apparently Shaq and Nas both decided to invest in the company once they heard about it.
@@jessicachamiye He’s practically asking a 7-10% dividend while having 5% share of equity. So even if the company decides to not issue out dividends, this guy still has a steady flow of passive income indefinitely. Even worse it’s coming from straight revenue rather than profits. So even if they’re in negative profits, they’d still have to expense his royalties.
This guy is greedy af.
Yeah. Having someone have a royalty on sales can make an acquisition difficult too. Amazon would have had to buy out that royalty stream. Would have complicated things a lot.
Dude always rips off everyone on every offer and acts like he is doing people a favour , the ring guy just needed financial support and you tried to screw him that’s what happened
He give 600K as a loan 10%revenue with fucking 10$ royalty, its fucking scammer. He know that things gonna blowing up, but his ego and greed made it his biggest regret. He should have realized that when making the offer.
Then he should stop trying to rip people off
Its not ripping ppl off, he's making deals with what he feels comfy with. Everything he does is a 'risk', calculated and educated risks, sure.
But we can't force them to spend their money on us, we gotta earn it!! Otherwise, what then will happen to us when we're rich?
@@poseidonpw it can be legal and predatory at the same time. What he's doing is legal but extremely predatory to business owners who need money to expand their company.
@@poseidonpw this is absolutely a scam and people should be in prison for that
@@poseidonpw "with what he feels comfy with" dude gives you 500k and wants 500k back plus a percentage of ur company, piece of shit is literally straight up robbing you in your face without a gun💀
had the CEO of doorbell accepted that deal, would be big shame on him for sure. Standing your ground is worth the fight
“He just grinds it into me”🧐
This is colorful Mr. Wonderful
📸🤨
Lol
😂
Mr colourful more like
He is truly mr wonderful when it comes to scamming people
😂
You don’t know what scam means.
It was sold for $1bn to Amazon so he would have made about $25m plus his advisor shares etc. No Idea how he thinks he would get $800m when he would be buying 2.5% of a company that sold for a Bn.
If he owned 2.5% of what ring is worth now how much would it be because in theory he wouldn’t have to sell his 2.5% of the company
@@ajm_2273 it would not be 2.5% as it would have also been diluted down. Also, ring got acquired so he wouldn't own it now anyway, he would have had to sell when they were acquired. Was it a great deal that he missed, absolutely !! Was it $800m? I can't see how he came to that figure.
Because he wanted something like 7% of each unit sold.... If that was still in place it might be about right.
@@samuelwoods164 that doesn't get transferred with the sale of the company.
The math wasn't mathing... this was why i came to the comment section. lol
Mr.wonderful really as a beautiful mind💀
Will loan u out 600k and want 2.5% company woww 💀💀💀💀💀💀
In all fairness, that's a great deal for 99.9% of people/startups.
for 3 years and there's an interest rate, little bit unfair or maybe insanely unfair for a company which 2.5% of it is 800m usd...
@@Jones-ke6btIt's not really. You can get a small business loan if you have established business. You'll probably pay 8% interest, but you'll maintain ownership.
@@yamizakygo5869Insanely unfair now, not when the company first started.
@@yamizakygo5869 Its not worth anything at the time of the deal. It was worth that long AFTER.
Way to completely twist shit to fit your BS.
The guy wanted an investment, not a loan.
Even worse, he's lying, mr wonderful was asking for royalty... Even Jamie tried to offer giving a loan instead...but my guy was too greedy.
So he says its a ridiculous valuation but then he cries about 800 mill...
How is 2.5% of the equity worth 800millions. The company sold for 40b or smth?
@@Ohtani9999 if it sold for 40b he wouldve got 1b for 2.5% of the company
@@Ohtani9999he has his details wrong. He was offering 10% which would be closer to $100-$80 million because Ring sold for a billion not billions. Still a missed opportunity.
@@Ohtani9999the company sold for a billion dollars. So 2.5% of a billion is 25 Million not 800M. This guy is pulling numbers straight out of his ass
Wrong math.
„That’s the part Jamie, where i have to say you are dead to me“ - Mr Wonderful to the inventor of Ring 💀
Biggest scammer 😂
Don't know how he would have ended up with 800 mil when The Ring got bought for 1.2-1.8 B....
Maybe through sales? But he didnt mention a per unit pay at all
Now he’s the one over valuing it
Because he wanted something like 10% of each unit sold until he got his money back then wanted 7% Per unit after.... I guess that would still be in place and he would be earning 7% per sale which would probably be around 800m
Sounds like Trump math.
Mr. Scam
That actually fits more. I've been watching Shark Tank and this guy's deals are usually so bad compared to the other sharks.
LIES! Lol you actually wanted to loan him $700k at 10% interest for 10% royalties. When paid off it would drop to 7% royalties. Big difference from your claimed 2.5%🤣
„That’s the part Jamie, where i have to say you are dead to me“ - Mr Wonderful to the inventor of Ring 💀
On some other UA-cam short he said he'd make 400 Million 😂
Ive seen it too 😂😂
He didn't want to pay $600k for a real company but he put millions into crypto at the peak in 2021....
Depends on when it was made... I think he wanted 7% of each unit sold so if that was still in place it might be about right.
How tf he make 800mil when he sold it for 1Bill
Yeah lol that’s like 80% of the company. If he had 2.5%, he would have made around 25Million from that
It can be true bcoz in his original offer, he was asking for 10% royalty on each product sold. If your company is brought at 1B ypur sales must be or 50x or higher than your company value.
“And I wanted his house, savings, and organs it’s not too much to ask” -Kevin o Leary
“I watched this one on youtube!”
“Oh really so you watched it?”
No
Hopefully the guy who sold Ring to Amazon is getting paid some sort of royalties 🤣
Literally last video it was 400m and now 600m dude, be honest man
*800m
inflation bro
His typical deal: minimal risk, top of the liquidity stack, potential big return …… “loan to own” if there are any problems. He is not your partner.
Kevin has a bad memory. The Shark tank clip is on UA-cam. The guys ask was $700,000 for 10% of the company.
&800 million my ass
He always makes it a loan plus part of the company. Greedy
it was actually 700k for 5% equity (just watched the vid) he’s lying 😂
Lol George needs to cover up more, you can literally see in his shorts...😷
If you watched the he episode he asked for more than 2.5% of the company plus some other things
When you want to buy the elden ring , but the answer is:”
Nha”.
Kevin's greed is what cost him. as others have said, he actually asked for a whole lot more than he's telling here. he can't even be honest about it.
He means 80 mil, not 800 mil right?
Probably
He could have own 1 percent or less of the company because Ring raised extra $400m after shark tanks so Mr Wonderful could made around $8 to $10m maximum.
Actually he would’ve made $25 million. 2.5% x $1 billion = $25 million
I saw it too he offered Him Royalty in PERPETUITY to take like 10% of his sales forever...... Anyone will say 'NO' in they were in tech business
No that was not the deal at all. That was only till it paid the loan off.
@@websterri Maybe !!
@@itsOnlyPIYUSH No, not maybe.
I’m telling my friend in Nantucket 😂
This dude is the greediest if all the sharks, mans always out to take the biggest money from people's businesses.
That legendary guy's name is aah! I don't know.,
Wait I know Jamie Siminoff
😁😁😁
this guy exaggerates soo much..he sold to amazon for 830 million not billions
Hes gonna double triple or quadruple your money in 3 years and you want them to give you a percentage of their company?.
Only idiot will accept that deal (scam). 😂😂
For real. Essentially he wants to lose absolutely nothing at all, take absolutely no risk, and still expect someone to give him free money. It's a straight-up scam.
It only sold for 1bn so he would have made 25m
Wb revenue
@@OstrichAnkles Thay supports his claim even less. The guy who sold it probably made a few hundred million.
@@NoName-ql1wk nevermind, forget what I first said, but maybe he's talking about if he still had 2.5% of the company now
Everyone acting like they have millions and a few mill isn't life changing 😂😂 get your heads out the sand you plant pots!
@@lukegore9085 for him isn't as he is already plenty rich.
Lmao, he wanted 2.5% of the company for free plus interest on a loan. The other guy gets no monetary value. Deserved.
mr wonderful always tryna scam ppl😭
His math is way off or he is exaggerating, the ring sold for $1billion, for him to make $800million he'd have to own 80% of the company. The deal he made in shark tank was for 2.5% of the company, not even close to $800million, it's more likely he meant $80million. The founder of Ring held the most stock out of all the owners, and he made around $130 million, which is way more than anyone else made.
The details are definitely off. He said he wanted something like 10%, and like 5% of the interest and Jamie turned it down.
I think Shaq invested on that company 🤔
Damn Kevin could have entered the Billionaire club with that deal….😮 if he really would have made 800 million…..considering his net worth is 400 million…
Why is Kevin giving these losers and time
I would have walked back in that building and when mark opened his mouth I would have said like years ago your dead to me
Forget it 😂😂😂. Called himself Mr Wonderful???
Mr Clueless more like
How 800 million? Ring only sold for a billion....
what is bado badi doing here
Can’t do business on a gamble Kevin was right to give him that offer technically he missed out but it was the right choice
Bro that’s the counter offer he gave you Kevin 🤣🤣 Kevin’s actual offer was asking for 10% royalty for ever
Sometimes a product name (marketing) make a product successful :/
Wasnt a slightly diff name back then? (And other companies had a similar product)
He would have made 20M cos it sold for 1B not 800M wtf is he on about
Totally wrong details. He was offering 700k not 600k, with royalty not interest, and Jamie siminoff countered with the deal cancelling the royalty and taking it in debt for 12% interest.
Hence proved on camera, you're a liar Mr. Wonderful
Dude wanted 10% not 2.5%. It was $700K, not a big deal. But he’s way off on what he asked for. Even a weasel when he’s telling stories. Story up buddy!
Kevin has a horrible memory of straight up lies. First of all, it didn’t sell for billions, it sold for 1 billion. Second of all he wanted 5% of the company not 2.5%. 3rd of all, he would have made about $50 million. Not $800 million. The owner netted about $350 million
Kevin's still in denial
Lol, his offer was 10% royalties(7% after paying off the 700k) with 5% equity for 700k. Jamie countered this offer with 10% interest rate on the "loan" and 3% equity wich Kevin turned down. Jamies counter offer was a better deal that Kevin claimed to have offered and he turned it down. Just take the L bro😂.
Mr wonderful became Mr amnesia because he actually offered 700,000$ for 10% not 600,000$ for 2% good thing he didn’t take the deal
It was 10% equity for $700,000 and Kevin declined, instead asking for 10% royalties. The ring founder suggested a loan and 2.5% equity. If Kevin took the original deal he would have done great.
800M?🤔 i think he mean 80M because ring only sold for 1or2B so how would he get 800M of it. The whole shark tank couldn't see the vision. It goes to show you even the most talented investors don't always see good investment even when it right in their face.
It's a shit deal, you can either buy shares or loan the money, you can't ask for both, and even if you didn't want the money back, 600k ain't worth 2%
STUPID, but not so stupid , eh Kev. He saved himself 800 million instead of taking your 600,000 $ .
Sounds like a smart move to me
I watched it. Je wanted to give some stupid loan. You should just give him the money. Maybe get a better percentage. But not a loan
They've been meeting up on a yearly basis just so Jamie ran rub it in more obviously they're friendly & clearly he was being sarcastic in the show also for the show it's tv.
At least you have a shark tank deal lol 600k on a loan you did not even give away that money and you thought getting 800 mill back is what you deserve? Nah he has a right to grind it in your face
600k for 2% still would have returned a massive amount.. Look what shaq made for a million
Even without an interest rate a loan it's still a loan, not only he will have profits from loan interest but he also get 2.5% equity? If any that's a robbery, I assume bank will got you a better deal than that.
Nah, this guy was always wants to take so much out of a business. His greed can be seen in almost every offer he gives or makes. He never ed all the way to his office. That’s not how it went
If 2 procent is worth 600k 100 percent would be worth in the time he was in shark tank 60 million dollar
Why do they call him Mr. Wonderful?
I'd prefer to call him uncle McGreedy!
He could have own 1 percent or less of the company because Ring raised extra $400m after shark tanks so Mr Wonderful could made around $8 to $10m maximum.
I once offered 1 euro to Elon Musk to buy all his tesla stocks... I would be a billionaire if he accepted...
2% for 600 thousand would have been 20 million of its sale price. What a mug.
Obviously his valuation wasn’t stupid.
Didnt ring sell for 800mill- 1bn? …so how would his share have been 800mil
Conveniently ignored the 10% royalty lifelong demand
It's the yada yada things that made him reject it lol 😂
Thats a shark loan with terrible terms. Why would anyone accept it
No product has done more to destroy privacy in America than the ring doorbell.
Those royalites lost you big money, and i know it eats kevin up till this day.
And it was 3 % not 2. Mr wonderful don't rememver correctly
Mr Wonderful's greatest regret was not giving me 600,000
His deal wasnt that sweet. It was closer to 10% royalty for 700k
ring owner doesn't want to give kevin yaare yaare yara free shares for the loan he give 600k
If he took the deal 2% of a billion is 20 million and that is low ball because he said billions
he is dreaming about ring ... damn ... its all he is talking about
What a clown, not one of those figures he quoted were accurate to the deal.
doorbot is now newwoth 6 billion so he is stupid for giving a shit offer
He wanted $900K not $600K. Kevin offered $700K plus royalties of 10% for 3 years. And 7% after that.
The liessss… he asked for 5% equity the same day and 10% sales
How could he have made $800M from a 2.5% stake when it only sold for $1B (to Amazon)?
Wouldn't he still had part of the company even if it is a small percentage? I mean the creator of Ring would only sell his share of the company, the 97.5% and Amazon would still pay Mr. Wonder his 2.5% of the earnings of the product sold still today which wouldn't be huge for him unless he had obtained at least 10% or 15% of it. Still i don't think it would had ended the same and the company either would go under, under the management of Kevin and the creator of Ring or it would had boomed and they both be doing billions out of it today.
@@joynelbonet194
When a company buys you out you don’t make any more money off the company’s profits!
His offer had a 10% royalty on every product sold