Shaq Said No to $80K Security Quote, Instead Made an Investment that Later Sparked a Billion-Dollar Move with Bezos

Shaq’s early investment in the home security company Ring stands as one of his most successful ventures, with Amazon acquiring the company just two years after Shaq became an investor for $1 billion in 2018. SANTA MONICA, CALIFORNIA – JUNE 24: Shaquille O’Neal attends the 2019 NBA Awards at Barker Hangar on June 24, 2019 in Santa Monica, California. (Photo by Rich Fury/Getty Images) No word on how much he invested, how much he might have possibly made, or even if he is still an investor. According to Andrew Petcash, founder of Profluence, which describes itself as a “media company and investment fund at the intersection of sports, technology, and media, Shaq’s investments throughout the late 2000s and early 2010s began to flourish, with his investment in Ring being a standout, according to a blog post on LinkedIn from Petcash. Shaq Rings The Alarm The story began when Shaq while setting up security for one of his Atlanta homes, found an $80,000 quote for a security system to be excessively high.& Seeking a more affordable solution, he purchased a Ring camera from Best Buy. Impressed by its capabilities and cost-effectiveness, Shaq decided to take a deeper interest in the company,...