Entrepreneur Eric Lefkofsky’s Latest Venture
Eric Lefkofsky has founded and co-founded several companies in his professional career. He founded his first company Inner Workings, in May 2001 and has gone on to six more since. His latest company, Tempus, Inc., is likely his most important one due to its work to battle cancer. Lefkofsky graduated from the University of Michigan in 1991 and earned his JD in 1994 from the University of Michigan Law School.
The company that Eric Lefkofsky co founded that he is perhaps best known for is Groupon, which he continues to serve as the Chairman of. Groupon is an e-commerce site that allows you to buy local products and experiences at a discount from participating vendors. Groupon has deals around the world and can provide people with products, vacations, and fun experiences at affordable prices.
Lefkofsky founded Tempus, Inc. in 2015. The company has built an operating system that doctors can use in order to deliver personalized cancer care to their patients. They have created the largest molecular and clinical data library in the world that doctors can easily access using this operating system. The operating system also uses machine learning in order to assist physicians with their diagnoses of tumors and how each is best treated. As Lefkofsky has stated, the operating system allows doctors to make real-time decisions in their care and the technology will help them to determine more effective treatment and results. Among the partners with Tempus are Penn Medicine, the Mayo Clinic, and Rush University Medical Center. To date, they have six partners and many more are expected in the short and long term.
Tempus, Inc. fits into Eric Lefkofsky’s philosophy of “Accelerated Disruption” which he wrote a book about in 2007. He shows convincingly in the book that someone that has a bright idea and offers better value, service, functionality, or convenience can disrupt an entire industry. However many fail to see how the ever-accelerating pace of technology means that challenge to their business can come from anywhere, be it an established player or a startup and completely upturn their business model. With Tempus, Lefkofsky hopes to disrupt cancer to everyone’s benefit.
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