Naveen Jain

Naveen Jain
Naveen K. Jain is a business executive, entrepreneur and the founder and former CEO of InfoSpace. His work at InfoSpace was one of the contributors to the dot-com bubble. InfoSpace briefly became one of the largest internet companies in the American Northwest, before the crash of the dot-com bubble and a series of accounting lawsuits. After moving to Intelius, Jain co-founded Moon Express, where he is currently chairman...
NationalityIndian
ProfessionEntrepreneur
Date of Birth6 September 1959
CountryIndia
How important is failure - yes, failure - to the health of a thriving, innovative business? So important that Ratan Tata, chairman of India's largest corporation, gives an annual award to the employee who comes up with the best idea that failed.
Philanthropy without scale and sustainability is like any other bad business that will simply wither and die on the vine.
Philanthropy is not about giving money but about solving problems. While well-meaning, the idea of writing a check and calling it 'philanthropy' is extremely short-sighted and, unfortunately, extremely pervasive.
It's really easy to create a $1 billion company - you just have to solve a $10 billion problem.
The U.S. has spent billions of dollars on educating and supporting teachers or developing curricula but no resources are applied to 'improving the brain' that a student brings to the classroom.
Philanthropy is not about giving money but about solving problems. While well-meaning, the idea of writing a check and calling it 'philanthropy' is extremely short-sighted and unfortunately, extremely pervasive.
Every day you spend becoming an expert in a field, you become more useless in that field.
Humans have always used our intelligence and creativity to improve our existence. After all, we invented the wheel, discovered how to make fire, invented the printing press and found a vaccine for polio.
Growing up in India, I knew all I needed to change the world was one good opportunity, and I prepared myself for it. When that opportunity came - in the form of the chance to earn an engineering degree - I was ready.
I worked for Microsoft until 1996, till I had a different angle to view life. I wanted to be an entrepreneur and control my own destiny.
My father was a civil servant in northern India where I was born. As a boy I saw the dire effects of poverty and illiteracy, especially on women and children. It often seemed that the only thing separating me from them was luck.
My children have been learning lessons about entrepreneurship since they were in kindergarten, and these lessons are paying off: even though they are only 22, 18, and 15, they have already collectively launched three nonprofit organizations and several new businesses.
Just as physical exercise is a well-known and well-accepted means to improve health for anyone, regardless of age or background, so can the brain be put 'into shape' for optimal learning.
I've been an entrepreneur all my life, and my recent focus is on finding entrepreneurial solutions to address global challenges in healthcare and education.