Eric Lefkofsky From Entrepreneur To Anthropologist

Eric Lefkofsky was born in Detroit Michigan on September 2, 1969. He was raised for most of his childhood in Southfield, Michigan. His father was a structural engineer and his mother was a school teacher. He has a sister that went on to be a school teacher, and a brother than went on to become a lawyer. He obtained his high school diploma from Southfield-Lathrup High School in 1987. He Then obtained his Bachelors Degree from the University of Michigan in 1991. He continued his education at the University of Michigan Law School to obtain his Juris Doctor. During his college years, he started making money by reselling rugs.

 

He started Starbelly in 1999 during the early Dot com bubble. The company sold many online promotional products. The life of the company only lasted a year and was sold off to Halo Industries. Eric continued to work with Halo Industries for a few years after the sale.

 

Eric Lefkofsky founded the print procurement company InnerWorkings in 2001. The company mainly dealt with medium sized companies and had steady growth. The company went on to being a Fortune 500 that earns over $1 billion per year. They have many high profile clients like The North Face, FedEx Office, Kroger, Energizer and Pizza Hut. Eric was still with this company until 2012.

 

Echo Global Logistic was created by Lefkofsky (http://finance.yahoo.com/news/eric-lefkofsky-liz-lefkofsky-funding-220405129.html) in 2005. This company is a very successful supply chain management company that serves the entire nation. They have over 30 locations in the United States and has expanded by acquiring many companies over the years. They have developed many proprietary logistics technologies that make them ahead of the competition.

 

Lefkofsky is the cofounder of the company Groupon (originally ThePoint.com). His initial investment in the company was a mere $1 million. Groupon connects subscribers to smaller e-commerce businesses. They offer deals for activities, travel, goods and services and they are operational in 28 different countries. Groupon has grown to have over $3.2 billion in revenue per year by 2014. In 2015, Eric had to step down as the CEO of Groupon to focus on his other ventures.

 

Lightbank was then started by Lefkofsky and his partner Brad Keywell in 2010. Lightbank is a venture capital group that invests in American technology startups. They have a more hands-on approach towards their investments. They have primarily invested in companies located in Chicago, New York City, Omaha and the Bay Area of California.

 

Eric and his wife have been involved with charitible causes since 2006. They started Lefkofsky Foundation to tackle world issues such as poverty, education and cancer treatment. Their group have given financial aid to over 50 different entities, primarily those involved with cancer research. One of their largest donations was giving $7 million to the Steppenwolf Theatre Company in Chicago. They have also given direct funding to cancer research projects in amounts that vary between $100,000 to $1 million.

 

Eric’s new venture is his medical software company Tempus. He founded the company in 2016 with his friend Keywell. The company is designed to aid doctors keep up with current cancer research by referencing genetic results within their research database. One of their primary partners is the Cancer Center of Northwestern University.

Find Lefkofsky on Facebook to stay current on news and events: https://www.facebook.com/eplefkofsky/

Magnises Gets Exclusive

Every now and then there is a card that comes along for the cool crowd. The Magnises card is that card for the new millennials that are trying to get a black card. Billy McFarland, Magnises CEO, may only be 24 years of age, but he had established a whole new concept that is open to young professionals. There are a lot of people that are going to benefit from using the Magnises card. Right now it is just exclusive to the New York City crowd, but this is certainly a chance for expansion.

The thing that people need to know upfront about the Magnises card is that this is not a credit card. It is, however, a major facelift of sorts to a credit card that you may already have. That is where the perks come in. A lot of American Express members already received a lot of perks in the form of points. There are also insurance coverage and extended warranty privileges that come with credit cards as well. With the Magnises membership there is a serious upgrade for people that like to party. This is evident when people see the exclusive discounts that are linked to this card.

Read more: Carded: What It’s Like to Own a Magnises Card

According to Yahoo Finance contributor Christine DiGangi, the
average Magnises member is about 28 years old. This equates to a new crowd of millennials that do not have access to many of the other black card clubs that are reserved for an older crowd. There are a lot of people that are taking interest in this because it finally gives young professionals a chance to be part of a club that gives them access to VIP styled events.

The membership is $250 per year, but all of the small perks are well worth it if members keep up with the events on elitedaily.com. That is the thing that a lot of cardholders lose out on when they don’t take the time to actually keep up with the points or privileges. There are some VIP parties that people can attend when they become black card carrying Magnises members. Some people will go out and cash in on these benefits; others will let the exclusive benefits and reservations go to waste. The people that get the most out of the benefits are the ones that check the website and do what it takes to make the best of every opportunity.

Fortunately, Billy McFarland is young, but he is still wise enough to know that different people are going to want different things. There are some people that are going to enjoy the benefits of staying up late and celebrating in private parties with celebrities like French Montana. Others are going to benefit from the cool concierge services of Magnises. This club is not one-dimensional. People that join will have an array of activities. This is what makes this a club that many people are trying to get into. It has a plethora of benefits that are great for people that love to get perks.

Learn more about Magnises: http://www.inc.com/graham-winfrey/why-this-23-year-old-founder-created-a-black-card-for-millennials.html

Malini Saba Exceptional Global Aid Initiatives

About Malini Saba

Malini Saba is a top philanthropist and investor from South Asian. She is the developer of the United States Saban company that has investments in worldwide technology companies that deal in gas, oil, and real estate. Her investment career started during her tenure as the 1990s Silicon Valley venture capitalist. She would then gain broad investment experience in the several technology companies that she associated with. Some of the companies she served include Netscreen Technologies, Inc. PayPal Inc, and the Sycamore Networks, Inc. Her typical working day starts at five in the morning. At this time, she takes care of the Asian conference calls where her commodity business is situated. She then handles Europe and USA office affairs. Her day is organized around meetings.

 

Malini’s Charitable Contributions

She is also passionate and gives back to the community through various support programs besides her entrepreneurial skills. She began Global Investments in Women and formed the Stree organization In 2001. The Organization was launched by Jordan’s Queen Noor and the former US President Bill Clinton. Stree offers the methods through which the vulnerable groups access legal empowerment and healthcare. The organization also provides the forums for working class movements to hook up with public policy in Central America, Eastern Europe, Africa, India, and the rest of the world. Malini made multi-million donations to expand the California Mountain View El Camino Hospital and Heart Research Center in June 2001. She visited the victims of the devastating 2004 Tsunami in Sri Lanka and India. She further pledged an extra ten million dollars to the victims.

 

Malini’s Investments in Asia

The focus of Malini Saba in the Asian real estate business began during the initial parts of the millennium. The business has exploded with the rise of the middle-income earners though she was initially hesitant to invest in the Asian markets. Her risk over the past decade has paid off with outstanding results. She also perceived the potential growth in Asian commodity market and saw the need for products and space investments. She currently operates and owns Iron ore mines with other investments in Agri space. She likes the commodity market for its dynamism and ability to fetch great returns. She also owns thousands of palm oil and rice hectare fields. She takes pride in her profession that requires the separate operator and trader skills.