Reed Jobs, the 31-year-old son of Apple cofounder Steve Jobs and Laurene Powell Jobs, has recently launched a unique venture capital firm with the goal to discover new cancer treatments. Reed named his VC firm Yosemite after the national park where his parents got married in 1991. Yosemite has an unusual structure as both a for-profit business and a nonprofit organization. It will manage an investment portfolio like most VC firms do while maintaining a donor-advised fund to make grants to scientists.
Yosemite is a spinoff from Emerson Collective, a philanthropic and investment organization founded by Laurene Powell Jobs. Until starting his own venture, Reed Jobs had been working as Emerson Collective’s managing director of health, leading the firm’s programs in healthcare with a focus on oncology.
His philanthropic portfolio includes several competitive grant programs with major research entities in the U.S. and the U.K. Additionally, he is involved in the creation of a nonprofit organization to house altruistically donated patient genomic and clinical data to be made available to researchers across the United States upon request.
He graduated from Stanford University with an honors degree in history and international security before earning a master’s degree in history. He is an avid traveler and distance runner.