Browse Month: April 2017

The Lefkofskys’ Fight Against Cancer

Many thought that the legacy of Eric Lefkofsky would have been his $2.2 billion company, Groupon. However, when his wife was found to be suffering from breast cancer, this likelihood changed dramatically. The Lefkofskys gathered information from different sources in an effort to learn all they could about the diagnosis. It was in this process of seeking a solution to his wife’s problem that Eric established Tempus.

The Origin of Tempus

Tempus has come up with an operating system that deals with cancer. This technological platform connects clinical data with molecular and anatomic data from other medical systems across the country. With all this information at a central location, doctors are better able to develop well informed and personalized treatments. A good example is the use of a combination of radiation and chemo on a patient relying on other results from patients who had a similar medical background.

Lefkofsky, one of the billionaires in Forbes list, has now committed himself to gaining a full understanding of cancer and has read a lot and consulted widely regarding the topic. Kevin White is the founding director of “The Institute for Genomics and Systems Biology” at the University of Chicago and is also the president of Tempus. White has received training in genetics and agrees that his goals are aligned with those of Lefkofsky. They are both dedicated to advancing cancer treatment with the use of modern technology.

While White’s expertise is in science, Eric is skilled in building enterprises that gather huge amounts of information for determining how to advance the condition of a particular industry. Tempus gives doctors the opportunity to use an analytics system to gather more data about patients. Recently, Ambramson Cancer Center of the “University of Pennsylvania” was the latest health institute to partner with Tempus. Some of the local hospitals that have teamed up with Tempus include: “Rush University Medical Center”, and “Lurie Comprehensive Cancer Center”. Click Here to visit Eric’s profile .

Philanthropic Activities of Eric Lefkofsky

Lefkosfsky has given millions towards cancer research and has also been involved in numerous philanthropic activities. Eric and his wife, Liz, formed the “Lefkosfsky Family Foundation” in 2006, a charitable trust that supports charitable scientific and educational organizations. The foundation’s main goal is to promote programs and research aimed at improving human life.

http://lefkofskyfoundation.com/about-eric-lefkofsky for more .

Adam Goldenberg on JustFab to TechStyle

The online retailer JustFab, parent company of brands such as FabKids, JustFab, ShoeDazzle, and Fabletics, recently rebranded themselves as TechStyle Fashion Group at http://www.entrepreneur.wiki/Adam_Goldenberg.

In an official release, Adam Goldenberg, CEO of TechStyle, stated that when he and Don Ressler founded JustFab, they wanted to change the way people shopped by providing on-trend fashion at extremely good value. While they stayed true to that dream, the company was transformed into a massive brand-building platform that is being driven by data and personalisation. He also stated that the new name represents perfectly what JustFab has become. He said it captures the essence of it and truly shows where Fashion Avenue meets Silicon Valley.

When the company first started, it was just JustFab, but now it operates multiple brands.

The renaming of the company is aimed at highlighting the use of technology and aid in the telling of the company’s story.

Adam Goldenberg said that he thought he needed to do a better job with telling their story with data. He stated that the company spend its entire life thinking “How do we make our customers happy?”

He said that the company has gone through many changes. They increased customer service and rolled out online cancellation processes. Because of this, customer complaints have been greatly reduced. He specifically highlighted that the perception of all of TechStyle’s brands are incredibly positive and that they are on track to make $650 million this upcoming year. That is about a 29% increase from the previous year.

In addition, Fabletics has been building physical retail stores. Adam Goldenberg is planning for their to be 50 to 100 locations within the next five years.

JustFab was co-founded in 2010 by Don Ressler and Adam Goldenberg. It was an online fashion company that aimed to deliver a more personalised shopping experience to customers worldwide. They noted on techstyle.com the trend of customers spending more and more online and aimed to capitalize on this fact. When they first started, it was just JustFab, but now they own many more brands.

TechStyle continues to reimagine the business of fashion through data, personalisation, and vertical integration on hudl.com. By controlling the entire cycle from production, development, manufacturing, distribution, and marketing, the company essentially cuts out the middleman and passes on all the benefits to its customers.