IT Radio Network Now Featuring Part 2 of an Interview With Infospace CEO Naveen Jain.Business Editors LOS ANGELES--(BUSINESS WIRE)--July 17, 2000 IT Radio Network, the voice behind eBusiness, is featuring part two of an in-depth interview with Naveen Jain, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Infospace (Nasdaq:INSP INSP Inspection INSP Inspector INSP Inspect INSP Inspirational Network INSP Institut des Nanosciences de Paris (French) INSP International Nuclear Safety Program INSP International Network on Strategic Philanthropy ). During the interview, Jain discussed the company's business model and got personal with IT Radio Network host Marc Holland. According to Jain, the idea for Infospace's model stemmed from the business model of search engines. "We knew in 1996 there was no such thing as a portal. There were search engines," said Jain. "We said, wait a second: the search engines have no business model. The better the search engine is, the sooner I leave. "That means these sites had to become what I called a mini-AOL (NYSE NYSE See: New York Stock Exchange :AOL). They had to have the services to keep the user there. Now, why would anybody want to build these services on their own every time?" said Jain. "Why not have Infospace building these services and letting everybody brand them under their name? Our model was very simple. We will build a shop and we will let you call it your shop." During the interview, Jain described how this model resembles the earlier Microsoft DOS model. "This is exactly what Microsoft (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) did. Microsoft built an operating system called MS-DOS MS-DOS in full Microsoft Disk Operating System Operating system for personal computers. MS-DOS was based on DOS, developed in 1980 by Seattle Computer Products. Microsoft Corp. bought the rights to DOS in 1981, and released MS-DOS with IBM's PC that year. and let people call it Bell DOS, PC DOS or Compaq DOS," said Jain. "They started the de facto opportunity system for the PC. It was very simple." Also in the interview, Jain discussed what it takes to be an effective leader, the quest for funding and the importance of profits in the new economy. The entire interview is available free online in RealAudio (Nasdaq:RNWK RNWK Real Networks (stock symbol) ) and text at http://www.itradionetwork.com/scripts/jain2.html. About IT Radio Network IT Radio Network is an online audio business magazine that features a variety of tech trends, company spotlights and one-on-one interviews with the people reshaping the world of technology. The site is produced by Sky Radio, which produces radio programs for online magazines, a network of corporate Web sites, several major airline carriers and CEOLive.com. Interviews also currently available on IT Radio Network include Hewlett Packard (NYSE:HWP), Globix (Nasdaq:GBIX), CriticalPath (Nasdaq:CPTH), Storage Technology (NYSE:STK), Elcom.com (Nasdaq:ELCO ELCO Eastern Lebanon County (school district, Pennsylvania) ELCO El Camino ELCO Electrolytic Capacitor ELCO Early Opening Local Census Office ELCO Electronic Company ), Egghead.com Inc. (Nasdaq:EGGS), Mercator Software (Nasdaq:MCTR) and E.Piphany (Nasdaq:EPNY). |
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