Steve Jobs’ son, Reed Jobs, creates VC fund Yosemite to finance cancer treatments

  • Reed Jobs established Yosemite inspired by his father’s fight with pancreatic cancer.
  • The venture capital firm aims to raise $400 million and has already raised $200 million from investors, including MIT and venture capitalist John Doerr.
  • Yosemite, following a dual-structure model, will offer grants to scientists for research and provide startup funding.
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