Steve Jobs' son Reed Jobs, 31, starts venture capital firm to invest in new ... trends now
Steve Jobs' son has stepped into his own spotlight after starting his own venture capital firm to invest in new cancer treatments.
Reed Jobs, 31, was a pre-med student at Stanford University when his Apple CEO father died of pancreatic cancer in 2011 - something which has been a catalyst for his career.
Jobs has created Yosemite - and has so far garnered $200million from investors who believe in the vision to create a virtuous cycle of innovation, reports DealBook.
His investors include some of the biggest names in the pharmaceutical and business landscape, including Memorial Sloan Kettering Cancer Center, The Rockefeller University and M.I.T.
The concept of the VC is to give scientists grants to fund their life-saving research, which they will hopefully one day commercialize and then return to Yosemite for venture funding.
Steve Jobs' son Reed has stepped into his own spotlight after starting his own venture capital firm with his mother to invest in new cancer treatments
Reed Jobs, 31, was a pre-med student at Stanford University when his Apple CEO father (left) died of pancreatic cancer - something which has been a catalyst for his career. The father and son are pictured together around 2007
Jobs, 31, said that the name of the VC was a nod to the national park that his mom and dad got married in.
Before college, he studied oncology during a summer internship at Stanford when he was 15. He started as a pre-med student at 18, before his father passed away.
Reed then switched to majoring in history, focusing on nuclear weapons policy, because he admitted that his dad's death hit him hard.
