Eric Lefkofsky: The Man Behind Tempus

The co-founder and CEO of Tempus, Eric Paul Lefkofsky attended the Bloomberg summit in New York and talked to Max Chafkin about the changes in the health sector and some of his business ideas. He is a tech investor and entrepreneur having co-founded data companies, e-commerce, transportation and business services companies. Tempus’ aim is to connect molecular data with structured clinical data and study how patients react to their cancer drugs.

Tempus is also working with people suffering from diabetes and depression and will venture in other medical situations soon. According to Lefkofsky, large tech companies can impact Tempus positively through structuring and analysing data collected by the Tempus staff. An average of 250 hospital systems are working with Tempus, and 25% of their cancer patients come through Tempus. Eric agrees to protect patient’s information, but this might be a massive blow to the health data companies.

Eric Lefkofsky was born in 1969 and is the co-founder of Groupon, Mediaocean, Echo Global Logistics, InnerWorkings and a founding partner of Lightbank which is a venture fund investing in disruptive tech businesses. His wife started the Lefkofsky Family Foundation in which he co-chairs with the aim of improving the lives of the community. The foundation has assisted more than 50 organisations through funding. He also serves as a Trustee in various institutions in Chicago.

Lefkofsky teaches entrepreneurship and building tech-based businesses at the University of Chicago and also an author of Accelerated Disruption: Understanding the True Speed of Innovation. This book talks on how business is affected by technology. Eric studied at the University of Michigan where he graduated with honours in 1991 and the Michigan Law School to receive his Juris Doctor in 1993. Eric advises the younger generation not to be afraid to fail and be bold to take risks.