Groupon Made Eric Lefkofsky A Billionaire—His Cancer-Fighting Startup Is Worth Far More [Forbes]
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Source: Forbes
Groupon Made Eric Lefkofsky A Billionaire—His Cancer-Fighting Startup Is Worth Far More E Assembling data was the first step in Lefkofsky’s other ventures. The 49-year-old has launched five companies worth at least $250 million apiece, each promising to transform an industry by using big data. His best-known venture is Groupon; despite the deals site’s disappointing share price, Lefkofsky is worth an estimated $2.7 billion. Tempus is predicated on the theory that information, lots of it, will enable doctors to personalize cancer treatments and make them more effective. A doctor treating a patient with lung cancer might send a tumor sample to Tempus for genomic sequencing. Tempus identifies a mutation in the gene for epidermal growth factor receptor, which causes cells to grow and divide too much. With that, the doctor prescribes a targeted therapy that can have better results than chemotherapy. So far the 700-employee company has raised $520 million (Lefkofsky put in $100 million). Th
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