Eric Lefkofsky is an American billionaire. He graduated with a Bachelors in Arts degree from the University of Michigan in 1991 and went on to the University of Michigan Law School. He graduated with Juris Doctor in 1993. His net worth is over $2 billion.
Eric Lefkofsky’s Background as a Serial Entrepreneur
Eric Lefkofsky is a serial entrepreneur, best known for being co-founder of ThePoint.com in 2007, which was quickly renamed as Groupon. Forbes called this company the fastest growing company ever. His career as a serial entrepreneur started after graduating from law school in 1993. He, along with a friend of his named Brad Keywell, bought an apparel store in Wisconsin named Brandon Apparel. Six years later, Lefkofsky and Keywell started an internet company called Starbelly which specialized in promotional products. Lefkofsky, along with Keywell, continued to start new business ventures. They include:
• InnerWorkings (2001), a print procurement service.
• Echo Global Logistics (2005), a freight logistics company.
• Mediabank (2006), eventually changed to Mediaocean in 2012 after a merger with Donovan Data Systems, it provided technology for advertisers.
• Lightbank (2010), a Chicago-area business development firm.
• Uptake Technologies (2014), an analytics company.
Tempus Labs, a New Type of Venture for Lefkofsky
Lefkofsky’s most recent business venture, Tempus Labs, founded in 2016, is a completely new industry for him. Although he doesn’t have a background in genetics or medical research, he was inspired to begin Tempus Labs because of his wife’s struggle with breast cancer. During her illness, Lefkofsky studied breast cancer and the hospitals that were treating her and found that the current technology and cancer research was behind. This inspired him to create a company to improve the current state of cancer research and technology.
Tempus Labs’ mission is to study and improve the way that people are diagnosed with cancer. Lefkofsky hired some of the best doctors and scientists to work at Tempus Labs, ensuring that the success of the company is in capable hands. Under the direction of Eric Lefkofsky, Tempus Labs will change the future of cancer patients on a phenomenal scale.