Jay S. Walker

Jay S. Walker
Born (1955-11-05) November 5, 1955 (age 68)
New York City, US
Alma materCornell University (BS)
OccupationChairman of Walker Digital
SpouseEileen Walker (m. 1978)
Children2
Websitewww.walkerdigital.com

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.[1] By October 2000, his estimated worth was down to $333 million.[2] As of 2013, he is not on the Forbes list of the world's billionaires.[3]

A 1999 Forbes profile of Walker noted his reliance on patents as a business model.[4] 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.[5] Walker owns 12 business method patents and 240 others pending.[6]

  1. ^ "Forbes lists". Forbes. Archived from the original on 2002-01-31.
  2. ^ Rawe, Julie; Roston, Eric (October 15, 2000). "How Much Did They Lose?". Time. Archived from the original on February 10, 2001.
  3. ^ Kroll, Luisa and Kerry A. Dolan, Kerry A (March 4, 2013). "The World's Billionaires". Forbes.{{cite news}}: CS1 maint: multiple names: authors list (link)
  4. ^ Machan, Dyan (1999-05-17). "An Edison for a new age?". Forbes. pp. 20–21.
  5. ^ Kidder, David S. (2012). The Startup Playbook: Secrets of the Fastest-Growing Startups from their Founding Entrepreneurs. San Francisco, CA: Chronicle Books. p. 264. ISBN 978-1-4521-2404-9.
  6. ^ Stobbs, Gregory A. (2022). Business Method Patents. Wolters Kluwer. pp. 1–16. ISBN 978-0-7355-1003-6.