How Eric Lefkofsky is Shaping Cancer Treatment

Eric Paul Lefkosky, an American entrepreneur, is the co-founder and chairman of Groupon, as well as the co-founder and CEO of Tempus. Tempus, a technology company which gives physicians the ability to provide personalized cancer care to their patients, was co-founded by Lefkosky in 2016. The Tempus platform makes this possible by analyzing molecular and clinical data which allows doctors and other healthcare professionals to make data-driven decisions for specialized treatment to find more effective methods. The technology behind Tempus’ platform was built to battle cancer, empower physicians, and provide patients with beneficial treatment through genomic sequencing services and data-driven decisions.

Eric Lefkosky is also the co-founder and Managing Director Lightbank, a Chicago based firm, which is a venture fund that invests in disruptive technology businesses. Lightbank has invested in a number of companies throughout the United States, such as Groupon, Belly, BenchPrep, Mediaocean, Innerworkings, ClusterFlunk, Qwiki, and HighGround. These businesses focus on accelerated disruption, constantly in search of and working towards technological advancement which can provide consumers with better price, quality of service, convenience, and all around ideas which make the industry better.

In 2007, Eric wrote a book titled Accelerated Disruption: Understanding the True Speed of Innovation. In it, he explains how disruptive businesses are formed, how they grow, how they’re sustained, and gives thought on the conceptual and intellectual framework that’s needed for these businesses to thrive. He states that accelerated disruption involves dealing with choosing the right industry to innovate, using conventional wisdom to choose which disruptive idea to give an under-the-radar test a go, understanding an industry’s concept of pain and how to turn it into a competitive advantage, how to get the best out of employees through smart automation, discovering a capitol strategy that works to support the business during the critical startup stages of development, mastering the art of quick-release to make product improvements, turning a businesses’ customer base into an R&D team, and learning how to promote an idea even when there’s industry and investor resistance.

In 1987, Lefkosky graduated from Southfield-Lathrup High School before he went on to attend the University of Michigan, where he graduated in 1991 with honors. Afterwards, he received his Juris Doctor once graduating the University of Michigan in 1993. It was at the University of Michigan that he started his career, by selling carpets. In 2006, with his wife Elizabeth, he formed the Lefkosky Foundation, which is a charitable trust that supports educational, charitable, and scientific organizations and such causes around the world. The Lefkosky foundation focuses on children and has helped more than 50 organizations to date.

Lefkosky is also apart of The Giving Pledge, on the board of directors as Chicago’s Children’s Memorial Hospital, a board member of of World Business Chicago, a Trustee of Steppenwolf Theatre Company, on the board of directors for The Museum of Science and Industry, co-founder of Uptake, LLC, co-founder of ECHO (Echo Global Logistics), co-founder of Uptake, co-founder of Mediaocean, and the co-founder of InnerWorkings. He has taught at several schools in the Chicago area, including the Kellogg School of Management located at Northwestern University and DePaul University’s Kellstadt Graduate School of Business. In 2013, Lefkosky became Groupon’s CEO, a position in which he stepped down from in 2015 to resume being the company’s chairman to become the CEO of Tempus.

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