Eric Lefkofsky is a well known businessman as well as the current CEO of Tempus. In addition, Eric Lefkofsky is also co-founder of an organization called Groupon. Lefkofsky has always been quite ambitious and hard working. Eric Lefkofsky‘s hard work and career ambitions served him quite well throughout his successful career. Eric Lefkofsky attended University of Michigan and received his undergraduate degree. He decided to continue his education when he made the decision to attend University of Michigan Law School.
After graduating from law school, Lefkofsky was not certain what he wanted to do as far as a career was concerned. Therefore, he and a close friend started an apparel company in which they called “Brandon Apparel”. Brandon Apparel was moderately successful. However, after five years in business Lefkofsky decided to pursue other career interests. Therefore, Eric Lefkofsky started another company which was Internet based. The company “Starbelly” specialized in selling a variety of promotional based packages & products. The company did quite well however in early 2000 a merger took place and the company was now called Halo.
Halo Inc gave Eric Lefkofsky his first chance to carry the title CEO. Carry the title of CEO at Halo Inc gave Lefkofsky great experience and provided him with some real growth opportunity. In 2001, Eric Lefkofsky decided to leave Halo Inc and pursue other more promising opportunities. In late 2001, Eric Lefkofsky started another organization called InnerWorkings. InnerWorkings provided printing materials & services for larger organizations. Within five years the company was doing exceptional. In addition, a public offering was made therefore InnerWorkings was now listed on the US Stock Market.
About the same time the public offering was made, Eric Lefkofsky and an associate started another organization called Echo Global Logistics. Within one year the company was a huge success. Echo Global Logistics was now listed on the NASDAQ. In late 2006, Eric Lefkofsky created an organization called MediaBank. MediaBank was a media based technology company. The company sold sophisticated business analysis software packages to a number of well known organizations. By 2007, MediaBank began to receive investment offers from various business owners. An organization called New Enterprise Associates became a major investor in MediaBank. Within five years MediaBank and Donavan Enterprises approved a merger which created the organization “Mediaocean”.
*Other Business Ventures:
Three years after Mediaocean came into being, Eric Lefkofsky invested over one million dollars of his own money to start a new company called The Point.com. Later that year The Point.com officially changed its name to Groupon. Groupon ultimately became a great success due to the efforts of Eric Lefkofsky. Digital Tech as well as Battery Ventures became interested in investing in Groupon Inc. As of early 2017, it was estimated that Groupon is worth almost three billion dollars. Eric Lefkofsky started another business called Lightbank. Lefkofsky stated publicly that he had plans to expand Lightbank throughout the Chicago area. It seems Eric Lefkofsky is quite successful in nearly all of his business plans and ventures. Some attribute Lefkofsky’s success to simple hard work and a great deal of luck. Eric Lefkofsky was CEO of Groupon since its creation however, due to his interest in other business opportunities Eric Lefkofsky gave up his position as CEO in 2016 and assumed the position as Chairman of Groupon.