The Genesis of Eric Lefkofsky
Eric Lefkofsky is a man who has made incredible contributions to society through his innovative mind and his giving spirit. Lefkofsky grew up in a middle class family Michigan; he now has a net worth of over $2.3 billion. Eric Lefkofsky was able to become a billionaire through hard work and tenacity. Lefkofsky graduated from the University of Michigan, and he went on to go to law school. After receiving his JD, Eric Lefkofsky and a good friend decided that they were going to buy a company in a neighboring state. Since they did not have have the funds to buy the company on their own, they were able to borrow money from family and friends. The two friends used these funds to buy a clothing company in Wisconsin. After starting that first clothing company, Lefkofsky went on to start the following: an Internet promotional company, a printed procurement service company, a freight logistics company, a funding company called The point.com, Groupon.com and Tempus.
The Lefkofsky Foundation
Eric Lefkofsky and his wife founded The Lefkofsky Foundation in 2006. This is a foundation that is purely based on philanthropy. The Lefkofsky Foundation has been able to help organizations to give money to needy individuals across the world. Apart from philanthropy, Lefkofsky takes an active role in helping out the community. He volunteers his time to help with hospitals, science museums, theaters, and community committees.
Tempus is a company that Lefkofsky founded with other partners in 2006. Tempus offers a innovative technology to doctors. This is technology that enables doctors to treat their cancer patients with specialized treatment. Tempus technology enables physicians to directly target cancer and take into account the physical makeup of each individual. In this way, physicians are able to give personalized cancer treatment that will be most beneficial for patients.
Shervin Pishevar ranks among the most exceptional entrepreneurs in Silicon Valley. He was among the brains that helped to create the modern-day Silicon Valley. He assisted in the establishment of many business ventures that have turned out to be multi-billion dollar enterprises. He was an early investor in the Uber Company that has already opened offices in other countries outside the United States.
Shervin Pishevar has never been shy of speaking his mind on any platform. The accomplished venture capitalist mostly uses his Twitter account to reach to his numerous followers. He lastly posted on his Twitter account in 2014. However, earlier this year, he decided to come back with a bang. Shervin started unloading his thoughts in a series of tweets where he predicted the future of the American economy, expressed his opinion on cryptocurrencies, the bond, and capitalization.
In the Tweetstorm that lasted for 21 hours, Shervin Pishevar predicted that the country is about to experience a sharp economic decline whose effect will be felt by everyone in the country. While the warnings represent one man’s opinion, Shervin’s advice on economic matters is a valuable one. For the time that he has been at Silicon Valley, Shervin has gained immense experience in financial issues, which has helped him in establishing successful business ventures.
In one of the tweets, Shervin Pishevar predicted that the stock market would drop by close to six thousand points in the coming months. Shervin pointed out that the banks have already increased lending rates while the government continues to increase the national debt. According to Shervin, the recent move by the government to approve tax giveaways to the rich could be disastrous to the country’s economy.
In another tweet, Shervin Pishevar noted that the crumbling bond market is another sign that investors have nowhere else to run to. Shervin fears that the national government will soon start introducing new money to the economy in a bid to stimulate growth.
According to Shervin Pishevar, this strategy is not likely to work since it has already lost its edge. With the decline in the bond market coupled with increasing interest rates, the investors are expected to go into panic mode thus withholding their investments.