Anatomy of an entrepreneur - Oct. 11, 2007

Jones built his first fortune in the early 1990s. A graduate of Indiana University, he was working as a research scientist at MIT's artificial intelligence lab when he met Greg Carr, a Harvard grad student. Carr believed that the 1984 breakup of Ma Bell would present some sort of opportunity, and the two 26-year-olds would just have to figure out what it might be. At a telecom conference in Atlanta, Jones saw the current state-of-the-art voicemail hardware: million-dollar refrigerator-sized machines invented in the early '80s. "I was coming out of MIT's AI lab, where everything was progressive, young, vibrant, energetic," says Jones with characteristic chutzpah.