Reed Jobs He is not very well known, but he has just emerged on the business world stage with a millionaire fund to finance new cancer treatments.
The 31-year-old is the son of Steve Jobs and philanthropist Laurene Powell Jobs. As reported DealBook this morning, the background called Yosemite will dedicate 200 million dollars to find alternatives to combat the disease. As a curious note, the name of the venture capital firm is named after the national park where her parents got married.
Yosemite has already distributed investments to various people and institutions with research projects focused on reducing malignant tumors, such as MIT, the Memorial Sloan Kettering Cancer Center and John Doerr.
Reed Jobs remembers the death of his father
DealBook reports that when Steve Jobs died of pancreatic cancer in 2011, Reed was studying medicine at Stanford. The shock of his father’s death led him to change majors and join his mother’s philanthropic organization, the Emerson Collective.
Yosemite is a spin-off of this foundation and will run a for-profit business, but will also maintain a donor-advised fund. The place techcrunch He points out that the firm will seek to promote innovation and also get involved in its commercialization.
Reed Jobs has three sisters: Lisa Brennan-Jobs, Eve Jobs, and Erin Siena Jobs.
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