Reed Jobs, son of Steve Jobs, takes the wraps off a $200 million venture fund that will fund new cancer treatments - Beritaja

Reed Jobs, The 31-year-old boy of Steve Jobs and philanthropist Laurene Powell Jobs, has spent his profession down The scenes. But he’s “stepping into The spotlight,” pinch a caller task superior patient to put in caller crab treatments, DealBook reported earlier this morning.

Called Yosemite — aft The nationalist parkland wherever his parents were wed — The patient has already closed its debut money pinch $200 cardinal from salient individuals and institutions, including MIT,  Memorial Sloan Kettering Cancer Center, and John Doerr, per The report.

Jobs tells Dealbook that erstwhile he begetter died from pancreatic crab in 2011, he was astatine Stanford, studying arsenic an undergraduate student to go a doctor; shaken by his father’s death, he switched majors, diving into history instead, nabbing a master’s degree, and afterwards joining his mother astatine The effect investing and philanthropic statement she formed backmost in 2004, Emerson Collective.

Yosemite is simply a spin-off from that organization, and Jobs — who was The managing head of wellness astatine Emerson Collective, moving pinch “entrepreneurs, researchers, and patients to accelerate crab research,” per its website — is continuing that activity nether his caller brand. 

According to Dealbook, Yosemitie will run a for-profit business but besides support a donor-advised fund, making assistance money disposable to scientists courtesy of The benefactors pinch whom it works. The thought is to thief seed innovation, past hopefully get progressive in its commercialization and its associated financial rewards, arsenic well.

Jobs has 3 siblings, sisters Lisa Brennan-Jobs, Eve Jobs, and Erin Siena Jobs.

We person reached retired to Jobs’s campy for much information.