Saturday, February 6, 2010

Naveen K. Jain : Tech Superstar

Naveen Jain is a founder and CEO at Intelius which he started in Janurary 2003 with a mission to empower consumers with online information for personal protection and intelligent decisions. Previously, Naveen launched InfoSpace in March 1996 with the vision of delivering real-world information on the Internet - anytime, anywhere and on any device. Previous to InfoSpace, Jain was a Program Manager at Microsoft Corporation from June 1989 to March 1996.

With his parents’ encouragement and support, Naveen Jain finished his engineering degree from the renowned Indian Institute of Technology in Roorkee (in the state of Uttarakhand) in 1979. He continued his education at the XLRI Jamshedpur School of Management (in the state of Bihar), earning a M.B.A in 1982. These two degrees became crucial in Naveen Jain’s next step in his career.

In 1989, Naveen Jain got his first big break. Microsoft tapped Naveen for a business exchange program, and he moved to the United States to take a management position. As a senior executive, he had the opportunity to work alongside his business hero, Bill Gates. Naveen Jain worked on several crucial projects at Microsoft, including the OS/2, Windows NT, and Windows 95 operating systems. Naveen Jain was also part of the management team that launched the Microsoft Network.

But success at Microsoft was not enough for Naveen Jain. As he famously once said in an interview, Naveen got “tired of making billions for Bill.” In 1996, Jain struck out on his own, founding his first company, InfoSpace. Launched with a small amount of capital, InfoSpace concentrated on providing content to major websites. Within two years, InfoSpace was listed on NASDAQ and had made 24 acquisitions. By 2000, InfoSpace was declared “the most successful company you never heard of,” and Naveen Jain’s personal worth hit $2.2 billion.



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