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| Jon Fisher |
Jon Fisher speaking at Commonwealth Club of California August 5, 2009 |
| Born |
January 19, 1972 (1972-01-19) (age 38)
|
| Occupation |
Entrepreneur |
| Spouse(s) |
Darla Kincheloe Fisher |
| Children |
1 Daughter |
Jon Fisher (born 1972) is a Silicon Valley entrepreneur, adjunct professor and analyst[1]. Fisher co-founded and was Chief Executive Officer of Bharosa, an Oracle Corporation company, which produced the Oracle Adaptive Access Manager.[2] It has been reported that Fisher has one of the most accurate unemployment forecasts in the U.S.(2008-2010). [3] In April 2008, Fisher predicted U.S. unemployment would rise to 9% by April 2009[4]and in August, 2009 he predicted U.S. unemployment would rise to not more than 10.4% before quickly falling.[5]
Personal life
Fisher was born in Stanford Hospital to professors Gerald and Anita Fisher. He graduated from The Nueva School and Crystal Springs Uplands School.[6] He attended Vassar College[7] before graduating from the University of San Francisco where he teaches business.[8] Jon married Darla Kincheloe Fisher in 2002. Their daughter was born in January, 2010.[9]
Business career
In 1994, Fisher co-founded and was Chief Executive Officer of AutoReach, now an AutoNation (NYSE: AN) company.[10] In 1998, he directed technology for Michela Alioto's Secretary of State campaign when he created the online construction permit.[11] The resulting company, Netclerk, was an asset sale in 2002 to BidClerk.[12] After NetClerk's failure including nearly $20M lost venture capital investment, Fisher teamed with the stars of the documentary film Startup.com including Kaleil Isaza Tuzman and Tom Herman to help entrepreneurs restructure their companies.[13] He co-founded Bharosa with Thomas Varghese (CTO) and Don Bosco Durai (VP Engineering) in 2004. The co-founders reportedly owned a controlling interest in Bharosa at the time of the acquisition by Oracle Corporation. [14]
Academic career
Critics feel Fisher’s economic forecast relies too heavily on real estate economics. According to Rob Hegarty, Managing Director and Practices Leader, Securities & Investments and Insurance at TowerGroup, financial services firms actually increased staff globally since the end of 2007. Fisher has commented that the drop in housing starts is a good indicator of the direction the unemployment rate is headed in and that Wall Street won't be immune to further drastic reductions. In April, 2008 he predicted that national unemployment would rise to 9% by April, 2009.[4] He writes: "Historically, when new U.S. housing starts have plunged, unemployment has surged in the following year" concluding that he believes a linear correlation exists between national housing starts and national unemployment in times of severe recession.[15] Fisher released a new national unemployment forecast at the Commonwealth Club of California on August 5th, 2009 [16] calling for unemployment to decline to 8.0% by end of 2010. Fisher confirmed the consumer’s home is really the center of the U.S. and international economies challenging The World Is Flat thesis by Thomas L. Friedman.[17] CalculatedRISK wrote "Since there is still far too much existing home inventory, a sharp bounce back in housing starts is unlikely, so I think Fisher's forecast for a rapid decline in unemployment is also unlikely." Fisher has been an outspoken critic of the Treasury’s Bailout Plans.[18]
Honors
Book by Fisher
- Strategic Entrepreneurism, Select Books, NY (September 15, 2008) ISBN 1-59079-189-4
References
- ^ Wall Street Journal Experts
- ^ Oracle delivers the fruit of its Bharosa acquisition
- ^ Internet Evolution
- ^ a b Unemployment headed to 9%
- ^ 2009-2010 Commonwealth Club forecast
- ^ CSU Wikipedia Page
- ^ Vassar Wikipedia Page
- ^ USF Wikipedia Page
- ^ Our daughter was born today
- ^ Republic Industries Acquires Dealerships
- ^ Willie Brown endorses online permit
- ^ NetClerk Acquired, Turning into Free Online Help Desk
- ^ Starting up again
- ^ Start-up Growth Strategies for the New Order
- ^ I Hope I’m Wrong About Rising Unemployment
- ^ Commonwealth Club of California speech
- ^ The Home is the center of the economy
- ^ WSJ First stop handing out cash
- ^ Bharosa CEO Named Ernst & Young Entrepreneur Of The Year
- ^ Jon Fisher Forty under 40
External links
Wikis
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