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Jay Walker's speaking fee falls
within range: $30,000 to $50,000
Jay Walker is one of the best-known business entrepreneurs and inventors. Holding more than 700 issued and pending international and U.S. patents, Walker is the 11th most patented living inventor.
Walker has a fascination with intellectual property in every form. His firm, Walker Digital, is the creator of the travel website Priceline, and other businesses. Walker Digital specializes in solving old problems with new Technology.
Another company of Walker’s, Synapse, has been instrumental in changing the magazine subscription model. Subscribers use a flexible subscription system called “continuous service”, which replaces the fixed-term subscriptions model with the more flexible and open-ended subscription model. This allows the subscriber to have more control over their spending and allowing them to cancel their subscription at any time.
Walker is a patron of the famous TED Talks series. Walker frequently speaks and contributes to the TED conferences. He has delivered talks on topics such as English Mania (2009) and Library of Human Imagination (2008). Walker is the curator of the annual conference TEDMED. TEDMED focuses on the future of healthcare and medicine as well as philanthropic efforts.
Walker is also the founder of Patent Properties, which commercializes and develops intellectual property assets and patents created by his company, Walker Digital, LLC, as well as the labs and research founded and led by Walker.
In addition to being the lead inventor, Mr. Walker is responsible for developing Walker Digital′s strategic relationships and long-term vision. Walker Digital maintains active relationships with some of the world′s largest and most innovative companies.
Mr. Walker is one of a dozen or so living inventors worldwide to hold 200 patents in multiple fields. To date, he and his teams have invented over 600 proprietary business systems that solve problems in industries ranging from travel to defense to retail to restaurants to vending to publishing to gaming and entertainment.
Mr. Walker and a team at Walker Digital created the central innovations behind Priceline.com, the groundbreaking “name-your-own-price” company for airline tickets, rental cars and hotel rooms. Now a profitable public company, Priceline.com was one of only a handful of startups in US history to reach a billion dollars in annual sales in under 24 months. The seven-year old company has served tens of millions of customers and currently accounts for more than 1% of U.S. airline ticket sales.
Mr. Walker co-founded Synapse, which revolutionized the magazine subscription industry and was sold to Time Warner for $600 million. He served as the marketing leader for the company for five years during which he produced more than two billion pieces of direct mail and created a customer base of 25 million active buyers. For his work, he won the Direct Marketer of the Year award in 1999.
Mr. Walker also co-founded Target Communications, a conference and publishing company which was sold to Primedia in 2000. He has also designed and implemented marketing programs to support Fortune 500 companies such as Federal Express, where he pioneered the concept of using Federal Express delivery for the catalog industry.
Mr. Walker′s inventions and innovations have been widely recognized. He has twice been named by the editors of TIME magazine as one of the 50 most influential business leaders in the digital age. Business Week selected him as one of its 25 Internet pioneers most responsible for “changing the competitive landscape of almost every industry in the world.” Newsweek cited him as one of three executives at the forefront of the Internet commerce revolution.
He serves on the Board of World Information Transfer (a United Nations NGO) and is a frequent speaker on college campuses as well as making numerous appearances on television and radio shows. Jay and his wife Eileen have two children and live in Connecticut. He holds a B.S. degree in Industrial Relations from Cornell University.
In this TED Talk, Jay Walker talks about the Space Age, and shows off a few artifacts from his personal library. Using the Gutenberg Bible, Walker discusses moving type, and how it came to be so popular amongst a population that couldn’t read. Walker concludes this portion of this talk by explaining that, “The printing press…was driven entirely by the printing of forgiveness, and have nothing to do with reading”.
Walker shows the audience what the library he built, called The Library of Human Imagination, looks like. As was Walker’s vision, the library is an immersive experience for all who visit it.
In explaining how we create, Walker states, “We create by surrounding ourselves with stimuli, with human achievement, with history, with the things that drive us and make us human”.
Walker points out the correlation between DNA and the Enigma machine the Nazis used. He points out that the connection is the brain. Once our brains create new patterns, it is shaped in a new way, never returning to its original shape.
Concluding the talk, Walker uses a lump of coal as an example of how much energy it takes for information to shape our brains. Walker ends his TED Talk by saying, “The connection is the energy it takes to run the Web and to make everything we think possible, possible”.
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