Naveen Jain: an Innovation-Focused Leader
Seattle businessman Naveen Jain’s life’s work narrows down to one description: innovative excellence. The phenomenal work he has done with previous company InfoSpace and now with latest company Intelius, Inc. is undeniable. Considered by his peers as capable of transforming simple ideas into multimillion dollar ventures, Naveen Jain uses creativity, practical reality, and excellent technology to make innovation the one thing that drives his work.
In the IT world, obsolescence is fatal to one’s business. Developing newer and more exciting products and services is indispensable to keep ahead of the competition. Naveen Jain has done so masterfully as he constantly revolutionizes the realm of information commerce with more creative and convenient means to deliver the most relevant data at the fastest speed.
When Naveen Jain decided to part ways with Microsoft in 1996, he came up with the idea of leveraging the Internet as a medium where people can access more real-world relevant data. InfoSpace became the result of that vision, and for years, the company provided online content such as horoscopes, weather forecasts, stock quotes, travel advice, and others to existing large Web properties such as AOL, MSN and Lycos. In the dot com boom’s peak, InfoSpace raked in $31 billion.
As the market space began to congest, Naveen Jain thought of using the Internet to deliver not only content, but critical information needed to make real-life significant decisions. By observing that lack of information leads individuals to make a lot of bad choices, Naveen Jain envisioned a company that could send public records directly to individuals and businesses through the Internet on demand. This brilliant idea resulted to the founding of Intelius, Inc. in 2003. Today, the firm is the leading broker of predictive intelligence and provider of online background checks, people searches, employment screening, and identity theft prevention.
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