Forbes' latest scoop reveals that Reed Jobs, the 34-year-old nephew of Apple co-founder Steve Jobs, has taken a bold step in his own right by launching a cancer-focused VC firm called Yosemite. What sets this firm apart is its mission to prevent cancer from being a death sentence rather than just a terminal illness.
After losing his father to pancreatic cancer at a relatively young age, Reed Jobs realized the devastating impact of cancer on families and communities. This loss sparked him into action and led him to pursue an education in history before eventually switching majors to study nuclear weapons strategy, a decision he later attributed to being drawn back into the field of cancer research.
Reed's journey took him to join Emerson Collective at 24, where he spearheaded a new healthcare strategy focusing on oncology, both investing and philanthropy. His primary goal was to address what's known as "The Valley of Death" – the period between scientists making a groundbreaking discovery and investors wanting to invest in it.
This venture capital firm now has over $200 million in funding for its second fund with a targeted size of $350 million. Yosemite is backed by several prominent heavy-hitters, including Amgen, Memorial Sloan Kettering, MIT, and renowned venture capitalist John Doerr. The firm also provides grants to scientists without strings attached.
One notable investment made by Yosemite includes Tune Therapeutics, an AI drug development startup battling hepatitis B, a leading cause of liver cancer affecting over 250 million people worldwide. Additionally, the company has invested in Azalea Therapeutics, which is working on gene therapy where doctors don't need to take patients' cells out and reengineer them.
Yosemite's investment approach also includes Chai Discovery, an AI-based startup that uses its models to design proteins for new drugs. Their technology tackles certain types of cancers and diseases that were historically thought to be untreatable or "undruggable."
Reed Jobs emphasizes that cancer research is at a critical juncture where treatments are advancing rapidly. Gene therapy has shown promising results, with companies like Tune Therapeutics and Azalea providing innovative solutions for breakthroughs in oncology.
This VC firm's focus on addressing the complexities of cancer treatment highlights Reed Jobs' personal connection to the disease and his determination to be an influential force in this area. With Yosemite continuing to push boundaries in cancer-focused research, there is reason to believe that advancements will come faster than ever before.
The story underscores how Reed Jobs has carved a unique path in venture capital by leveraging his family's legacy while addressing pressing issues with oncology at the forefront of innovation. This blend of cutting-edge science and practical experience is setting Yosemite up as an influential player in the rapidly evolving world of cancer treatment research.
After losing his father to pancreatic cancer at a relatively young age, Reed Jobs realized the devastating impact of cancer on families and communities. This loss sparked him into action and led him to pursue an education in history before eventually switching majors to study nuclear weapons strategy, a decision he later attributed to being drawn back into the field of cancer research.
Reed's journey took him to join Emerson Collective at 24, where he spearheaded a new healthcare strategy focusing on oncology, both investing and philanthropy. His primary goal was to address what's known as "The Valley of Death" – the period between scientists making a groundbreaking discovery and investors wanting to invest in it.
This venture capital firm now has over $200 million in funding for its second fund with a targeted size of $350 million. Yosemite is backed by several prominent heavy-hitters, including Amgen, Memorial Sloan Kettering, MIT, and renowned venture capitalist John Doerr. The firm also provides grants to scientists without strings attached.
One notable investment made by Yosemite includes Tune Therapeutics, an AI drug development startup battling hepatitis B, a leading cause of liver cancer affecting over 250 million people worldwide. Additionally, the company has invested in Azalea Therapeutics, which is working on gene therapy where doctors don't need to take patients' cells out and reengineer them.
Yosemite's investment approach also includes Chai Discovery, an AI-based startup that uses its models to design proteins for new drugs. Their technology tackles certain types of cancers and diseases that were historically thought to be untreatable or "undruggable."
Reed Jobs emphasizes that cancer research is at a critical juncture where treatments are advancing rapidly. Gene therapy has shown promising results, with companies like Tune Therapeutics and Azalea providing innovative solutions for breakthroughs in oncology.
This VC firm's focus on addressing the complexities of cancer treatment highlights Reed Jobs' personal connection to the disease and his determination to be an influential force in this area. With Yosemite continuing to push boundaries in cancer-focused research, there is reason to believe that advancements will come faster than ever before.
The story underscores how Reed Jobs has carved a unique path in venture capital by leveraging his family's legacy while addressing pressing issues with oncology at the forefront of innovation. This blend of cutting-edge science and practical experience is setting Yosemite up as an influential player in the rapidly evolving world of cancer treatment research.
just read that the number of cancer cases worldwide has surpassed 22 million, with over 10 million new cases diagnosed every year 
and the US alone is seeing a 3% increase in cancer deaths per year since 2020... also can't help but think about how Reed Jobs' firm Yosemite just got $200M to tackle this epidemic and it's about time someone like him takes action 
this guy reed jobs is literally changing the game when it comes to tackling cancer 
his personal connection to the disease makes him super driven to make a difference 
but what's even more impressive is how he's combining his family's legacy with cutting-edge science and innovation 
like, his uncle steve jobs was basically the godfather of tech and now reed is taking that torch and running with it 
i'm low-key hoping yosemite can make some major breakthroughs in cancer research soon 
. His personal loss and education in nuclear weapons strategy might seem like a weird combo, but it's actually made him super passionate about finding solutions to the "Valley of Death" 
. We need more people like Reed Jobs using their unique perspectives to fuel innovation in cancer research 
. Can't wait to see how this firm's work impacts lives in the future 
. He took a personal loss and turned it into a mission to change lives 
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. Addressing "The Valley of Death" and providing grants without strings attached? That's some innovative stuff 
.
.
i love how he's combining tech, science, and fundraising to get the best treatments out there ASAP... it's so inspiring to see someone from an apple-related fam background go all in for cancer research 
and it's amazing to see how he's connecting the dots between history, nuclear strategy, and cancer research 
But seriously, this $200 million investment in Tune Therapeutics is huge 
, giving them the freedom to focus on their research 
.
. And who knows? Maybe one day we'll have a world where cancer isn't just a terminal illness anymore 
. That would be amazing! 
. The fact that he's tackling the "Valley of Death" is genius – it's all about getting the science to market sooner, you feel? 
. I love how they're supporting scientists without strings attached – like, actual freedom to do their thing! 
And can we talk about the investments he's making? Tune Therapeutics, Azalea Therapeutics... these companies are literally CHANGING LIVES!!! 
Gene therapy is coming and it's going to be HUGE!!! 
I'm so hyped for Reed Jobs' journey and Yosemite's mission to PREVENT cancer from being a death sentence! 
, I mean can you even believe he's just 34 and already making waves like this? His story breaks my heart, losing his dad to cancer at such a young age must've been so tough for him, but it seems like it sparked something incredible within him 
. And the fact that he's got this whole team behind him with some of the biggest names in the game backing him up 
, I mean Yosemite is basically going to be like the superpower we've all been waiting for 
.