Reed Jobs Focuses on Oncology Venture Firm Over His Father's Legacy
Reed Jobs, son of Steve Jobs, is focused on building Yosemite, an oncology-focused venture firm he launched in 2023. The company aims to develop biotech startups from academic research using a mix of philanthropy and traditional VC funding. With AI now playing a significant role in drug discovery, the firm has grown rapidly and recently announced its second fund targeting $350 million.
Topics: AI in drug discovery biotechnology entrepreneurship venture capital