It was in college that Eric Lefkofsky became an entrepreneur. He launched a company selling carpets to pay for his tuition. He said he was in the right place at the right time in 1999 when he decided to found an internet company. He likens this to being a second-generation panner during the Gold Rush because the dotcom bust cleared out a lot of competition.
He was the recipient of amazing luck when he happened to be there when the idea of Groupon was dreamt up. This company, where he was once the chief executive officer, made him a billionaire. He already felt undeserving of the success he had so having that much money gave him mixed feelings.
He used some of that money to co-found Tempus Inc. This company has created an immense database filled with molecular and clinical data. The data is sorted and analyzed by artificial intelligence. Along with the genomic sequencing service Tempus provides, this database platform can be accessed by doctors treating patients with cancer. They are presented with a highly personalized treatment regimen specifically tailored to that person’s DNA and genetic information. They know what therapy has the highest chance of the patient successfully beating cancer.
Along with his wife, Liz, Eric Lefkofsky chose to sign The Giving Pledge. By signing this pledge, they agreed to give away at least half of their fortune to help others. They created the Lefkofsky Family Foundation, which supports charitable causes around the world. He said this was an easy choice for them to make because they have no use for much of their wealth. The least they can do with it is to support the billions of people who have very little in their lives.