Tempus and the Startup Genius of Eric Lefkofsky

Eric Lefkofsky went to law school at the University of Michigan Law and is currently worth $165 billion. After college, in 1994, he bought Brandon Apparel with his business partner Bradley Keywell, but they lost money on it. Afterwards, they they started an internet business, Starbelly, that they eventually sold for a whopping $240 million. Mr Lefkofsky has currently co-founded Tempus, Groupon, Uptake Technologies, Mediaocean, Echo Global Logistics, and InnerWorkings. He and his wife, Liz, have also started a charitable foundation, the Lefkofsky Family Foundation, where they focus on arts and culture, human rights, education, and health.

Barb Darrow has written an article, “This Is What’s Missing in the Data-Centric Approach to Cancer”, at Fortune.com about Eric Lefkofsky, and his newest startup, Tempus. Lefkofsky believes doctors are missing useful information they could be using to treat their patients. When it takes a 90 days and a grant to research the result of past patient treatments, time is wasted. People respond differently to treatments, and it is Lefkofsky’s goal to put all the patient data together, so that doctors can compare notes and make better decisions regarding the treatment of their cancer patients.

The company Tempus, is used to collect patient information and take all of the personal information out, so that the data for treatment results can be shared with researchers and doctors. When all of the data is shared, it will become much clearer as to what treatments work better on different types of people. When Lefkofsky’s wife became ill with breast cancer, he realized the oncologist did not have relevant data to analyze the outcome of her cancer treatments, so he started Tempus. Along with the doctors, he wants companies, like CRISPR, that personalize vaccines and treat various diseases through gene research, to use the data collected and better their research.