Jodee Rich

John David "Jodee" Rich (born 1960) is an Australian businessman, the CEO and founder of social analytics and influence measurement provider PeopleBrowsr and the creator of new TLDs dotCEO, dotBest and dotKred. He is described by Business Spectator as a "charismatic but drama prone entrepreneur" and "the man behind failed phone company One.Tel and one time computer sensation Imagineering Australia".[1]

Jodee Rich
Born (1960-02-01) 1 February 1960
NationalityAustralian
EducationCranbrook School
Alma materUniversity of Sydney
OccupationEntrepreneur
Board member of
Spouse(s)Maxine Rich, née Brenner
Parent(s)
  • Steven Rich AM
  • Gail Rich
WebsiteJDR.CEO

Background and education

Rich was born to a German Jewish father, Steven Rich,[2] who, in 1963, settled in Australia to manage Hunter Douglas, a Venetian blind manufacturer, and his wife, Gail, born in Australia.[2] Steven Rich went on to create the Traveland travel agency, was the deputy chairman of the Salvation Army in 1971 and was awarded an Order of Australia in 2001.[3][2] Steven Rich subsequently created Focus Publishing.[4]

Rich wrote his first software programme on punch cards in 1972 at the age of 12. He was educated at Cranbrook School in Bellevue Hill, Sydney. During his Cranbrook days Rich started a business renting fish tanks.[5] At Cranbrook he met Rodney Adler, who would go on to become a director of One.Tel. In 1980 Rich developed a commodity analysis system on 64k Apple II, which he later sold to investment banks.[6] He studied Accounting, Economics and Computer Science at University of Sydney, graduating in 1981 with a Bachelor of Economics.

In 1987, Rich married Maxine Brenner, a corporate lawyer who has sat on the board of a public company, Neverfail Springwater, and has served as a member of the Takeovers Panel, a government body involved in the resolution of sharemarket disputes.[7]

Corporate achievements

Imagineering

In 1981, Rich launched Imagineering Australia and the company was floated in 1987. Shares in Imagineering peaked at $8[8] but the company sold to a Hong Kong group for 10c a share in 1990.

One.Tel

Rich formed One.Tel, a service provider of GSM mobile and long-distance calls, in Australia in 1995 (with James Packer as a shareholder) competing against Telstra and Optus.[9] The company acquired a GSM operation for $500 million in 2000. One.Tel Australia was placed in administration in May 2001. One.Tel UK was sold to Centrica for $200 million and later to Carphone Warehouse who retired the brand in favour of its TalkTalk brand.

Beginning in December 2001, Rich was the defendant in legal proceedings brought by the Australian Securities and Investment Commission (ASIC).[10] During the case, known as ASIC v Rich, Rich was in the witness box for over 33 days.[11] Justice Austin later said in his judgment Rich "demonstrated that he was a very well prepared witness, knowledgeable about the subject matter of his evidence, who responded to questions thoughtfully and clearly, sometimes even perceptively. This was notwithstanding the arduous circumstances of his cross examination, extending over 25 days".[12]

Rich was exonerated on 18 November 2009 when Justice Robert Austin ruled that ASIC had "failed to prove any aspect of its pleaded case."[13]

Other business achievements

In 2007, Rich founded PeopleBrowsr.[14] In 2011, PeopleBrowsr launched Kred Influence Measurement.[15]

On 27 March 2013, Rich launched the TLD dotCEO. It is marketed to CEOs.[16]

gollark: The reason they *do* is probably just consistency with other methods (it would be very annoying if they worked very differently to GET routing-wise) and so requests can be routed to the right handler more easily.
gollark: <@498244879894315027> Why wouldn't (shouldn't?) they have a URL?
gollark: They do have to spin pretty fast. There are sealed helium ones now.
gollark: > The HDD's spindle system relies on air density inside the disk enclosure to support the heads at their proper flying height while the disk rotates. HDDs require a certain range of air densities to operate properly. The connection to the external environment and density occurs through a small hole in the enclosure (about 0.5 mm in breadth), usually with a filter on the inside (the breather filter).[124] If the air density is too low, then there is not enough lift for the flying head, so the head gets too close to the disk, and there is a risk of head crashes and data loss. Specially manufactured sealed and pressurized disks are needed for reliable high-altitude operation, above about 3,000 m (9,800 ft).[125] Modern disks include temperature sensors and adjust their operation to the operating environment. Breather holes can be seen on all disk drives – they usually have a sticker next to them, warning the user not to cover the holes. The air inside the operating drive is constantly moving too, being swept in motion by friction with the spinning platters. This air passes through an internal recirculation (or "recirc") filter to remove any leftover contaminants from manufacture, any particles or chemicals that may have somehow entered the enclosure, and any particles or outgassing generated internally in normal operation. Very high humidity present for extended periods of time can corrode the heads and platters. https://en.wikipedia.org/wiki/Hard_disk_drive#Integrity
gollark: Interweb says it's to keep pressure equalized between the inside and out.

See also

  • ASIC v Rich

References

  1. "Third time lucky for Jodee Rich?". Business Spectator. 25 May 2012. Retrieved 11 July 2014.
  2. "Roots web". Archived from the original on 4 March 2016. Retrieved 22 August 2013.
  3. "Member of the Order of Australia (AM) entry for RICH Steven". It's an Honour, Australian Honours Database. Canberra, Australia: Department of the Prime Minister and Cabinet. 11 June 2001. Retrieved 21 April 2019. For service to the book publishing and travel industries, to export industry development in Papua New Guinea, and to the community, particularly through the Salvation Army.
  4. University of Sydney
  5. Chenoweth 2006: 257
  6. "$25m in five years, imagine that" - The Sydney Morning Herald. 25 November 1985
  7. "To have and to hold". The Sydney Morning Herald. 7 November 2003. Retrieved 11 July 2014b.
  8. "Fluctuating fortunes on Rich list". The Sydney Morning Herald. 16 August 2002. Retrieved 11 July 2014.
  9. "Hell's bells". The Sydney Morning Herald. 5 April 2002. Retrieved 11 July 2014.
  10. Sexton, Elisabeth (27 October 2007). "Adler settles in One.Tel bonus case". The Sydney Morning Herald.
  11. ASIC loses marathon legal battle against Onetel Retrieved 11 July 2014.
  12. Moran, Sussanah (19 November 2009). "Jodee Rich's Uphill pedal ends". The Australian.
  13. Australian Securities and Investment Commission judgement Archived 1 March 2012 at the Wayback Machine 18 November 2009
  14. Peoplebrowsr Summary Deck Jodee Rich, June 2010
  15. Schonfeld, Erick. "You Might Have Klout, But What's Your Kred?". TechCrunch. Retrieved 20 October 2011.
  16. dotWhatever Retrieved 10 February 2014.

Further reading

  • Chenoweth, Neil (2006), Packer's lunch : a rollicking tale of Swiss bank accounts and money-making, Allen & Unwin, ISBN 978-1-74114-546-5
  • Barry, Paul (2003), Rich kids : how the Murdochs and Packers lost $950 million in One.Tel (Revised and Updated ed.), Bantam Books, ISBN 978-1-86325-339-0

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