Jay S. Walker
Jay Scott Walker (born November 5, 1955) is an American entrepreneur and chairman of Walker Digital, a privately held research and development lab focused on using digital networks to create new business systems. Walker is also curator of TEDMED since 2011, and a founder of Priceline.com (now known as Booking Holdings) and Synapse Group, Inc. In 2000, Forbes estimated his net worth at $1.6 billion. By October 2000, his estimated worth was down to $333 million. As of 2013, he is not on the Forbes list of the world's billionaires.
Jay S. Walker | |
|---|---|
| Born | November 5, 1955 New York City, US |
| Alma mater | Cornell University (BS) |
| Occupation | Chairman of Walker Digital |
| Spouse | Eileen Walker (m. 1978) |
| Children | 2 |
| Website | www.walkerdigital.com |
A 1999 Forbes profile of Walker noted his reliance on patents as a business model. When developing patents, Walker uses a methodology that streamlines the process of identifying problems and developing their solutions. By pulling apart and eliminating "false problems", the methodology identifies solutions, which - according to Walker - have sustainable components that can lead to a long-term sustainable business. Walker owns 12 business method patents and 240 others pending.