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Jay Walker Discusses Importance of Differentiation of Priceline Compared to Competition

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  • Date Added : 8/26/2000
  • Clip Duration : 3 min. 35 sec.

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Jay Walker

  • President, Walker Digital
  • male
  • Caucasian
  • 1955 (Age: 62 years old)
  • Jay Walker - Lecture - Future of Technology and the Internet
  • Video 1 of 20 in this Case
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Biography

Jay Walker is one of America's best-known inventors and entrepreneurs and is one of a dozen or so living inventors worldwide to hold 200 patents in multiple fields. Walker, and a team at Walker Digital, LLC, his invention laboratory, created the central ideas behind priceline.com, the groundbreaking "name-your-own-price" company for airline tickets and hotel rooms. Walker has also created a number of other successful businesses, including New Sub Services (now named Synapse) a company he co-founded and that revolutionized the magazine subscription industry and was recently sold to AOL Time Warner for $600 million. Walker also co-founded Target Communications, a conference and publishing company which was sold to Primedia in 2000.Mr. Walker is currently chairman of Walker Digital, LLC, a Stamford, Conn.-based laboratory that invents entirely new ways for businesses to operate and serve consumers. Walker Digital is not a consultancy, but a privately funded active research laboratory that use long-term interdisciplinary invention teams to create solutions in the same manner and style as the original Edison laboratory. Successful inventions are licensed to industry or used as the core intellectual property of innovative startups for which the laboratory provides both personnel and funding. To date, Walker Digital has invented over 600 proprietary business methods addressing dozens of significant business problems in a wide range of industries such as travel, data security, retail, automotive, restaurants, groceries, financial services, gaming and entertainment. Walker's inventions and innovations have been widely recognized. He has twice been recognized by the editors of TIME magazine as one of the 50 most influential business leaders in the digital age. Business Week selected Jay as one of its 25 Internet pioneers most responsible for "changing the competitive landscape of almost every industry in the world." Newsweek named him as one of three executives at the forefront of the Internet commerce revolution. Walker and his wife have two children and live in Connecticut. He holds a B.S. degree in Industrial Relations from Cornell University.

One of the advantages that Price Line has was that as a first mover in the marketplace, many large companies were simply not up the learning curve to know how to incorporate with or compete against innovative e-businesses. And that now that the marketplace has matured, and those companies have ...(Full transcript available to logged in subscribers.).

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Jay Walker videos

Video 1 of 20 Jay Walker Discusses Last Five Great Commercial Changes in the World
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 6 min. 38 sec.
Video 2 of 20 Jay Walker Discusses Importance of Differentiation of Priceline Compared to Competition
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 3 min. 35 sec.
Video 3 of 20 Jay Walker Discusses Evolution of The Network of the Internet
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 2 min. 5 sec.
Video 4 of 20 Jay Walker Discusses Comparison of Wiring of the Internet to Wiring of a Human Brain
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 4 min. 52 sec.
Video 5 of 20 Jay Walker Discusses Challenge of Getting People To Think
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 5 min. 17 sec.
Video 6 of 20 Jay Walker Shares Thoughts on Software Patents
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 2 min. 44 sec.
Video 7 of 20 Jay Walker States Next Revolution of the Internet is a Relationship of All-to-All
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 1 min. 11 sec.
Video 8 of 20 Jay Walker Discusses Challenges That Information Poses To Society
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 3 min. 44 sec.
Video 9 of 20 Jay Walker Discusses Potential Changes Stemming From Changes in Privacy
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 2 min. 9 sec.
Video 10 of 20 Jay Walker Discusses Differences Between Priceline's Business Strategy and Competition
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 3 min. 29 sec.
Video 11 of 20 Jay Walker Discusses Priceline's Competition
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 1 min. 20 sec.
Video 12 of 20 Jay Walker States Information - not Technology - Is Key To Change in the Future
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 1 min. 47 sec.
Video 13 of 20 Jay Walker Has Introduction By Cornell President Hunter Rawlings
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 3 min. 11 sec.
Video 14 of 20 Jay Walker Shares Thoughts on Moore's Law and Growth
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 3 min. 11 sec.
Video 15 of 20 Jay Walker Discusses Importance of Thinking Rather Than Doing in the Online World
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 1 min. 34 sec.
Video 16 of 20 Jay Walker States Individuals Will Wear the Internet in the Future
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 2 min. 23 sec.
Video 17 of 20 Jay Walker Discusses Intelligence of Computer Systems
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 3 min. 35 sec.
Video 18 of 20 Jay Walker Discusses Restructuring of the Information Layer of the World
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 1 min. 45 sec.
Video 19 of 20 Jay Walker States Changes of Future Will Be Creating Value
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 1 min. 28 sec.
Video 20 of 20 Jay Walker Shares Thoughts on Privacy
  • Jay Walker - Lecture - Future of Technology and the Internet
  • 8/26/2000
  • Jay Walker
  • 3 min. 32 sec.
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