A Successful Founder
Published on 8 May 2009 at 12:24 pm.
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Naveen Jain is the successful founder of Intelius, the intelligence services provider, and InfoSpace, a high-profile web content provider in the 1990s until the early 2000s.
Intelius is a public-records firm, in that users can access verified information on persons through it. Winner of the 2006 Best New Company Stevie Award, Intelius runs background checks and criminal checks on individuals, so long as they have records with public agencies in the United States. Intellius also offers reverse telephone/cell phone lookups, comprehensive employment and tenancy screening, identity theft prevention solutions, property reviews, and people searches.
It was founded by Naveen Jain in 2003 in Bellevue, Washington. It has expanded rapidly since, garnering citations on numerous industry publications, like the Puget Sound Business Journal, Washington CEO Magazine and Inc. Magazine.
On the other hand, InfoSpace was a supplier of horoscopes, stock quotes, maps, hotel reservations, weather forecasts, and other content to websites. However, its business ends belied its massive profits. First traded in NASDAQ in 1998, InfoSpace went down in history as one of the most profitable “dot-com” companies. By the end of the stock boom in dot-coms, it was worth some $31 billion. Naveen Jain even gained a place in the Forbes 400 for it.
Once, Naveen Jain worked at Microsoft Corporation. There, he managed the group that launched and marketed The Microsoft Network (MSN). He also worked — and got patent rights in the process — on the firm’s operating systems like Windows 95, Windows NT, MS-DOS, and OS/2. For a time too, Naveen Jain worked at Unisys, when it was still the Burroughs Corporation.
Naveen Jain is married and has three children. He hails from Uttar Pradesh, India, and was educated in the country’s schools. He holds an MBA from the Xavier Labour Relations Institute and an engineering degree from the Indian Institute of Technology. His father was a civil engineer in public works.
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