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Steve Jobs’ son is starting a venture capital fund for new cancer treatments.
The 31-year-old Reed Jobs named the firm Yosemite after the park where his parents got married. His father, Steve Jobs, died of pancreatic cancer in 2011.
Yosemite is a spinoff of the Emerson Collective, the philanthropic organization run by his mother, Laurene Jobs. According to the NYT, the fund already raised $200 million from institutes like MIT, The Rockefeller University, and the Memorial Sloan Kettering Cancer Center.
Steve Jobs’s Son Gets Into Venture Capital
[The New York Times]
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