He has founded the Lefkofsky Family Foundation together with his wife. Lefkofsky and family were paid $398 million. [19], In December 2010, Google offered a reported $6 billion for Groupon. Eric Lefkofsky is CEO of Groupon, Inc. (NASDAQ: GRPN). [10] He continued on at University of Michigan Law School to receive his Juris Doctor in 1993. Lefkofsky then co-founded InnerWorkings in fall 2001, a firm providing print procurement services for mid-sized companies; In August 2006, it had an initial public offering. Spouse’s net worth: $3.2 billion . … Eric serves as a Trustee of Lurie Children's Hospital of Chicago, The Art Institute … Lefkofsky had that chance of being raised in a Jewish family that resided in Southfield, Michigan. In April 2010, Digital Sky Technology and Battery Ventures invested $135 million in Groupon at a valuation of $1.35 billion. Mr. Lefkofsky and family were paid $398 million of these funds. [18] In April 2010, Digital Sky Technology and Battery Ventures invested $135 million in Groupon at a valuation of $1.35 billion. Groupon named Lefkofsky as CEO on Wednesday, Aug. 7, 2013, replacing Andrew Mason, who was fired from the online deals site in February amid growing concerns about its financial performance. In 1999, they created an Internet company, Starbelly, that specialized in promotional products[citation needed]. [20] In October 2011, Groupon [21] raised $950 million in private funding and then paid $810 million to employees and investors. New Enterprise Associates led an early stage investment round in ThePoint.In late 2008, The Point changed its name to Groupon.com. (AP … In August 2010, Forbes reported that Groupon is the fastest growing company in history.In February 2010, Lefkokfsky and Keywell announced a new venture firm called "lightbank" that plans to develop new companies in the Chicago area.In December 2010, Google offered a reported $6 billion for Groupon. By admin July 28, 2020 Entrepreneur, Health. “As a little girl, I was sort of a tomboy,” she said in an interview. [citation needed]. In August 2006, InnerWorkings had a successful initial public offering in the U.S. stock market (nasdaq: INWK). The offer was turned down, possibly due to anti-trust and regulatory scrutiny the deal might face. Perennially on-the-move talk show cynosure Ellen DeGeneres sold her latest Montecito project in November for $33.3 million, a nice chunk above the $28.9 million she and longtime wife Portia de Rossi paid for the two-parcel property in two separate transactions.Now records indicate the mystery buyer was multibillionaire Eric Lefkofsky, the Chicago-based tech … “I was just perplexed at how little data had permeated her care,” he says. In August 2013, Lefkofsky became Chief Executive Officer of Groupon, "Accelerated Disruption: Understanding the True Speed of Innovation". In 1999, Lefkofsky and Keywell created an early Internet company called Starbelly that specialized in promotional products. Eric Lefkofsky, 48 . Eric Lefkofsky co-founded several technology companies, including: InnerWorkings, Inc. (NASDAQ: INWK), Echo Global Logistics, Inc. (NASDAQ: ECHO), and MediaBank, Inc., a leading provider of media procurement technology. In November 2007, Easton Studio Press published Lefkofsky's Accelerated Disruption, a book about how technology affects business. ", "Groupon Co-Founder, Southfield Native, To Speak At Camp Fundraiser", "Fond Farewell! December 6th, 2016. Their goal: to support bold research addressing — and possibly solving— some of medicine’s most challenging and unassailable diseases. In February 2012, the US Department of Justice approved a merger between MediaBank and Donovan Data Systems to create a single company, Mediaocean, in a deal estimated at $1.5 billion.In January 2007, Lefkofsky co-founded and provided $1,000,000 in funding for ThePoint.com, an online collective action website started by Andrew Mason. Lefkofksy's wife, Liz, is the foundation's president and director. He co-chairs the Lefkofsky Family Foundation with his wife Liz to advance high-impact initiatives that enhance lives in the communities served. Brave Leader Series; Personal Challenges as Opportunities for Innovative Breakthroughs . In 1976 Eric Lefkofsky went to Southfield-Lathrup High School which he finishied in 1987.In 1987 Lefkofsky attended the University of Michigan and graduated with honors in 1991. He is the founder of Tempus,[4] and the co-founder of Groupon,[5] Echo Global Logistics (ECHO), InnerWorkings (INWK), and Mediaocean. In June, 2007, MediaBank acquired Datatech, one of the leading media planning and procurement platforms in the advertising industry. Groupon Chairman and Co-founder Eric Lefkofsky and his wife Liz have donated $250,000 to Weill Cornell Medicine for breast cancer research. Career. [22] In August 2013, Lefkofsky became CEO of Groupon;[23] in November 2016 he stepped down as CEO, resuming his role as Chairman.[24]. To achieve this mission, the Foundation strives to: - ensure access to quality education with a deep focus on the middle grades. ", "Regulators Approve Donovan, MediaBank Merger Into Mediaocean", "Why Groupon Said No To Google's $6 Billion", "Groupon's fall to earth swifter than its fast rise", "Groupon stock surges 20% after Eric Lefkofsky becomes CEO", "Groupon co-founder Eric Lefkofsky finds buyer for sprawling Glencoe mansion", "Groupon CEO Eric Lefkofsky And Wife Are Latest Billionaires To Join The Giving Pledge", "Eric and Liz Lefkofsky pledge half their wealth to charity: They sign the Buffett-Gates Giving Pledge", "About | Eric Lefkofsky - Entrepreneur & Professor", "A Drink With Eric Lefkofsky, CEO of Groupon, Founder of Lightbank", https://en.wikipedia.org/w/index.php?title=Eric_Lefkofsky&oldid=1000252183, Articles with a promotional tone from October 2017, Articles with unsourced statements from October 2017, All articles with vague or ambiguous time, Creative Commons Attribution-ShareAlike License, This page was last edited on 14 January 2021, at 09:50. Echo attracted series D financing from New Enterprise Associates (NEA), one of the largest technology investors in the country, in June 2006. Echo attracted series D financing from New Enterprise Associates (NEA), one of the largest technology investors in the country, in June 2006. InnerWorkings provided print procurement services for mid-sized companies and achieved solid year-over-year growth. [27][28], Lefkofsky is on the board of directors at Children's Memorial Hospital in Chicago, the board of directors of The Art Institute of Chicago, the board of directors of The Museum of Science and Industry, and a Trustee of Steppenwolf Theatre Company[29] He is a board member of World Business Chicago, and serves as co-chairman of its Technology Council.[30]. In June 2007, the firm acquired Datatech,[14] a media planning and procurement platform. Now records indicate the mystery buyer was multibillionaire Eric Lefkofsky, the Chicago-based tech tycoon best known for co-founding … At least not at this stage in his career. Lefkofsky began his career selling carpet at the University of Michigan. We were friends before we got engaged and married. What Do Jews Bring To The World? Eric Lefkofsky Eric Lefkofsky is the founder and CEO of Tempus, a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare. Outside of her hospital it was the 21st century, but once he passed through the doors he felt he was being ushered two or three decades into the past. [12] Lefkofsky was on its board of directors until October 2012. Eric Lefkofsky and his wife also own a 4-acre lakefront estate in Glencoe that they bought in 2014 for $19.5 million. Lefkofsky was on the board of directors of InnerWorkings until October 2012. CHICAGO, IL--(Marketwired - October 22, 2015) - Eric Lefkofsky, CEO and Co-founder of Groupon, and his wife Liz have pledged $500,000 to support research into pancreatic, stomach, and other malignant cancers through Duke Medical Center's Preston Robert Tisch Brain Tumor Center.The donation will be funded through the Lefkofsky Family Foundation. In October 2009, Groupon raised $30 million from Accel Partners and New Enterprise Associates. MediaBank provides advertising buyers with planning, buying, accounting and analysis software. That experience ultimately launched Tempus. [11][8][10], After law school, in 1993, he and a college friend, Brad Keywell, borrowed money from relatives to buy Brandon Apparel, a clothing company in Madison, Wisconsin. In August 2006, InnerWorkings had a successful initial public offering in the U.S. stock market (nasdaq: INWK). [15] In 2012, a merger between MediaBank and Donovan Data Systems created Mediaocean, in a deal estimated at $1.5 billion. Source of wealth: Groupon . Both have also committed to contributing nearly half their … Blue Media Limited Liability Company,Groupon, Chief Executive Officer. After … Eric Lefkofsky, Chairman and Co-founder of Groupon, and his wife Liz are proud to support "Shadow Buddies," a medical education and care program at the University of Chicago Medicine Comer Children's Hospital. Eric Paul Lefkofsky (born September 2, 1969) is an American billionaire businessman. In February 2010, Lefkokfsky and Keywell announced a new venture firm called "lightbank" that plans to develop new companies in the Chicago area. Its purpose is to advance high-impact initiatives that enhance the quality of human life in the communities they serve. Lefkofsky taught Applied Technology at DePaul University's Kellstadt Graduate School of Business and at the Kellogg School of Management at Northwestern University where he taught a course in disruptive business models. After law school, in 1993, he and a college friend, Brad Keywell, borrowed money from relatives to buy an apparel company in Madison, Wisconsin named Brandon Apparel.In 1999, Lefkofsky and Keywell created an early Internet company called Starbelly that specialized in promotional products. - improve fundamental human rights for women, girls and communities impacted by violence, - propel innovative medical research, and, The foundation has helped fund more than 50 organizations to date. Halo and Starbelly faced multiple lawsuits from shareholders, all of which were resolved by 2004. Lefkofsky began his career selling carpet at the University of Michigan. A little more than a year later, the company went bankrupt, and the firms faced multiple lawsuits from shareholders, all of which were resolved by 2004. Groupon CEO Eric Lefkofsky And Wife Are Latest Billionaires To Join The Giving Pledge. src="" alt="" class="gallery-slider__content__img" height="". Groupon co-founder Eric Lefkofsky discovered the health-care system's flawed approach to data when his wife was diagnosed with cancer. Eric Paul Lefkofsky (born September 2, 1969)[3] is an American billionaire businessman. Perennially on-the-move talk show cynosure Ellen DeGeneres sold her latest Montecito project in November for $33.3 million, a nice chunk above the $28.9 million she and longtime wife Portia de Rossi paid for the two-parcel property in two separate transactions. Liz has been held in high esteem for her art collection and her personal fashion. In 2014, Lefkofsky’s wife, Liz, was diagnosed with breast cancer. In October 2009, Groupon raised $30 million from Accel Partners and New Enterprise Associates. Echo Global Logistics went public on the NASDAQ under the symbol 'ECHO' and is now successfully being traded.In June 2006, Lefkofsky and Keywell founded MediaBank, a media-buying technology company. [32][33][34], Lefkofsky, E: "Accelerated Disruption", page 15, Easton Studio Press, 2007, Lefkofsky, E: "Accelerated Disruption", dust jacket, Easton Studio Press, 2007, Learn how and when to remove this template message, "Groupon CEO Eric Lefkofsky the Man Behind $19.5M Home Sale", "Wild and Crazy Self Made Billionaires with Infographic of Entrepreneurs", "Groupon Names Eric Lefkofsky CEO, Shares Rise On Q2 Earnings", "What Does It Mean To Be Jewish Today? But as he meanders through the Chicago lab of Tempus, his medical startup, he presents an air of expertise. FILE - This July 11, 2013 file photo shows Eric Lefkofsky, chairman and co-founder of Groupon Inc., in Sun Valley, Idaho. [13] In June 2006, Lefkofsky and Keywell founded MediaBank, a company providing technology for advertising buyers. In January 2007, Lefkofsky co-founded and provided $1,000,000 in funding for ThePoint.com, an online collective action website started by Andrew Mason. The hospital's team of specialists help children, teens and their families prepare for surgery and other procedures through individual teaching sessions, many of which include the use of … In February 2005, Lefkofsky and Keywell created a freight logistics company called Echo Global Logistics. In August 2010, Forbes reported that it was the fastest growing company in history.
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