Jon Fisher speaking at SVB CEO Summit
January 19, 1972 |
|Occupation||Entrepreneur, inventor, economic analyst|
|Spouse(s)||Darla Kincheloe Fisher|
Jon Fisher (born Stanford, California, January 19, 1972) is a Silicon Valley entrepreneur, inventor, author, philanthropist, and economic analyst. Fisher cofounded and was Chief Executive Officer of Bharosa, an Oracle Corporation company, which produced the Oracle Adaptive Access Manager. Fisher is known for making accurate predictions about the U.S. economy, particularly unemployment rates. Fisher is an adjunct professor at the University of San Francisco, and author of Strategic Entrepreneurism: Shattering the Start-Up Entrepreneurial Myths.
Early life and education
Fisher was born in Stanford Hospital to university professors Gerald and Anita Fisher. He graduated from The Nueva School and Crystal Springs Uplands School, and attended Vassar College before graduating from the University of San Francisco. Fisher married Darla Kincheloe Fisher, owner of Koze clothing boutiques, in 2002, and their daughter was born in 2010.
In 1994, Fisher cofounded and was Chief Executive Officer of AutoReach, now an AutoNation company. Former Oracle President and recent Hewlett Packard chairman Ray Lane was Fisher's first angel investor and also invested in two of Fisher's later start ups. In 1998, his company, NetClerk, created the online construction permit. After NetClerk's failure, Fisher teamed with the stars of the documentary film Startup.com, including Kaleil Isaza Tuzman, to help entrepreneurs restructure and wind down their companies. In 2004, Fisher cofounded and was Chief Executive Officer of Bharosa, which was acquired by Oracle Corporation in 2007. On July 20, 2010, Fisher was announced as the CEO of Predilect, a new company working in the area of online security. On November 17, 2010, Fisher was announced as the CEO of CrowdOptic, the result of a change in Predilect's technology and business model. Wired magazine's Bruce Sterling wrote about CrowdOptic "I’ve never read a work of fiction or nonfiction that ever implied that such a technology might be possible.
Fisher was a co-patentee in a contextual authentication patent awarded to Bharosa, which later received five issued patents and has twelve patents pending. Fisher was also a co-patentee behind CrowdOptic's technology behind triangulating two or more electronic devices focused in the same direction at the same time.
Prediction of 2010 US unemployment peak
Fisher has commented that the drop in housing starts is a good indicator of the direction the unemployment rate is headed. 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. Fisher made one of the most accurate unemployment forecasts in U.S. history in April 2008 at Marquette University, where he predicted U.S. unemployment would rise to 9% by April 2009.
In August 2009 at the Commonwealth Club of California, Fisher predicted U.S. unemployment would peak at not more than 10.4% before declining to 8.0% by end of 2010.  Fisher stated the consumer's home may be the center of the U.S. and international economies, challenging The World Is Flat thesis by Thomas L. Friedman. Fisher has been an outspoken critic of the Treasury's bailout plans, saying "there are various techniques of restructuring that are familiar in the business world, none of which are being used by the government." However, Fisher wrote that "entrepreneurship should not be used to bludgeon the safety net."
Fisher has served as a trustee of the Nueva School in Hillsborough, CA and was a member of their 2008 capital campaign team. He has served as a trustee of the Pacific Vascular Research Foundation in South San Francisco. Jon has served on the board of the Buck Institute For Age Research.
Fisher is an adjunct professor at the University of San Francisco. His book Strategic Entrepreneurism: Shattering the Start-Up Entrepreneurial Myths (2008)  is required reading for the MBA program at several schools, including the Haas School of Business at the University of California, Berkeley. The book is also one of three that was selected by the Ohio TechAngels for their project, which studied the timing and strategies involved in the sale of businesses, particularly those financed by angel investors.
- Heidi N. Moore (October 20, 2008). "Experts: The Bailout Worked! So Far. That is, We Think.". Wall Street Journal Blog. Retrieved October 22, 2010.
- O'Brien, Chris. "O'Brien: Jon Fisher says selling company -- and missing out on IPO -- should be every entrepreneur's goal". Mercury News. Retrieved 1 April 2013.
- Michael del Castillo (3 September 2013). "5 reasons this inventor called software ban 'worst advice in history of capitalism'". Upstart Business Journal. Retrieved 4 September 2013.
- Dave Kearns (October 27, 2008). "Oracle delivers the fruit of its Bharosa acquisition". Network World. Retrieved October 22, 2010.
- Greg MacSweeney (June 18, 2010). "I Hope I'm Wrong About Rising Unemployment". Wall street & Technology. Retrieved October 22, 2010.
- Nicole Ferraro (March 18, 2010). "2011 to Bring 'Next Economic Catastrophe'". Internet Evolution. Retrieved October 22, 2010.
- Heidi N, Moore (March 23, 2009). "Treasury's Bailout Plan: First, Stop Handing Out Cash". Wall Street Journal blog. Retrieved October 22, 2010.
- "Jon Fisher". VentureBeat. Retrieved 1 April 2013.
- "Patently Obvious? Score One for the Big Guys". Barron's. January 12, 2013.
- "O'Brien: Jon Fisher says selling company -- and missing out on IPO -- should be every entrepreneur's goal". Retrieved 2 July 2012.
- "Republic Industries Acquires Dealerships in Five States With over $1.1 Billion in Annualized Revenue". PR News Wire. Retrieved October 22, 2010.
- Laurie J. Flynn (August 28, 2000). "Compressed Data; A San Francisco Company Learns What a Mayor Can Do for Business". New York Times. Retrieved October 22, 2010.
- Carol Emert (August 12, 2001). "Entrepreneur bounces back from documented failure". San Francisco Chronicle. Retrieved October 22, 2010.
- "Oracle Buys Online Identity Theft and Fraud Detection Leader Bharosa". Oracle press release. July 18, 2007. Retrieved October 22, 2010.
- Cody Barbierri (July 20, 2010). "Predilect lands $750k for stronger security questions". Venture Beat.com. Retrieved October 22, 2010.
- Riley McDermid (November 17, 2010). "Looking for perfect event pic?". Venture Beat.com. Retrieved November 19, 2010.
- Bruce Sterling (May 25, 2011). "Augmented Reality: CrowdOptic triangulates and annotates a blimp". Wire Magazine. Retrieved August 9, 2011.
- "CrowdOptic Founder plans to introduce the “next big thing”". Washington Times. Retrieved 11 August 2013.
- Entrepreneurism, Begin With The End In Mind: Jon Fisher (Flash file). San Francisco: fora.tv. August 7, 2009. Retrieved March 12, 2011.
- Entrepreneurism, Begin With The End In Mind: Jon Fisher (Flash file). San Francisco: fora.tv. August 7, 2009. Event occurs at 17:45 to 19:00. Retrieved October 22, 2010.
- "40 People to Watch: Jon Fisher". Silicon Valley — San Jose Business Journal. October 8, 2006. Retrieved October 22, 2010.
- Jon Fisher Bharosa (Oracle '07) E&Y 2007 (Flash file). July 3, 2007. Event occurs at :20 to :35. Retrieved October 22, 2010.
- "Tea on the Green 2008". nuevaschool.org. Retrieved April 6, 2011.
- "Executive profile: Jon B. Fisher". Retrieved April 6, 2011.
- "Buck Institute: Jon B. Fisher". Retrieved September 14, 2011.
- Fisher, Jon (2008). Strategic Entrepreneurism : Shattering the Start-Up Entrepreneurial Myths. New York: SelectBooks, Inc. ISBN 1-59079-189-4.
- "Course Guide, EWMBA 295T – New Venture Finance". Haas School of Business. Spring 2010. Retrieved October 23, 2010.
- "One Angel Group's Practical Journey to Improved Exit Strategies". Angel Capital Education Foundation. December 21, 2010. Retrieved December 21, 2010.
- SVB annual summit speech, 2013
- Commonwealth Club speech, 2009
- Speech at Brown University
- Dow Jones MarketWatch
- NewsHour With Jim Lehrer
- San Francisco Chronicle Op-ed
- Interview with the Wall Street Journal, March 2009