Eric Lefkofsky Success in the World of Business
Eric Lefkofsky is the co-founder and CEO of Tempus, a start-up company that aims to establish databases to fine-tune cancer treatment. His relentless efforts at the University of Michigan earned him a bachelor’s degree. He went ahead pursue a Juris Doctor at University of Michigan Law School.
Lefkofsky, who is also a managing partner at Groupon, was inspired to start Tempus after his wife was diagnosed with breast cancer. As they visited various clinics, Eric Lefkofsky realized that truck drivers often had more access to data than oncologists. Besides, they don’t have the data about how various treatments would work in the different cohort of patients. Tempus was built to develop a technology layer atop existing pathology systems and electronic medical record (EMR). That will allow physicians to aggregate the data and feed it back to the source for validation and verification. The aggregate data pool combining data of all patients can then be used to find patterns between cancer therapy and results.
Eric Lefkofsky’s primary goal is to bring together specialists in neurological disorders with those that work on oncology and encourage them to use Tempus’ platform to collect data for analysis. According to Eric Lefkofsky, doctors need CRISPR, a modern gene editing technique that helps in the treatment of personalized vaccines and various diseases.
Eric Lefkofsky is a serial entrepreneur who began working as a carpet vendor while as a freshman at the University of Michigan. In 1994, Eric and his longtime business partner, Bradley Keywell, joined forces to acquire Brandon Apparel. Over time, Brandon Apparel was declared bankrupt and had to spend close to a decade addressing lawsuits. In 1999, the duo founded Starbelly, an Internet Startup that would specialize in promotional products. Just before the dot-com bubble burst, Mr. Eric Lefkofsky sold out Starbelly for $240 million.
In 2006, Lefkofsky teamed up with his wife, Liz, to form a charitable trust, the Lefkofsky Family Foundation. Its mission is to support scientific, humanitarian, and educational programs throughout the world. The Lefkofsky Family Foundation evaluates its donations on a quarterly. Its choice of grants focuses on education, arts, human rights, culture, and medical research. Eric Lefkofsky commits much of his donation to his hometown of Chicago. His most substantial contribution is in arts and culture.