Reed Jobs Lost His Father Steve To Cancer. Now His Cancer VC Firm Has Raised $200 Million. [Forbes]
Merck & Company, Inc. (new) (MRK)
Last merck & company, inc. (new) earnings: 4/28 06:45 am
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Source: Forbes
R eed Jobs was 12 when his father, Apple founder Steve Jobs, received a harrowing diagnosis: pancreatic cancer. He died eight years later at age 56. That tragedy led the younger Jobs to become an investor funding companies focused on preventing people from dying of cancer, which currently kills “We think it's going to go from a death sentence to just a chronic lifelong disease,” Jobs told Forbes. “I think it's doable in the timeframe of my lifetime for most cancers.” Jobs began investing in health companies at Emerson Collective, the impact investment and philanthropy group founded by his mother Laurene Powell Jobs ( Forbes estimates her net worth at $13.5 billion). Then, in 2023, he spun out his own firm, called Yosemite for the national park where his parents got married, raising a first fund of $263 million. Yosemite is now invested in some 20 companies, including gene therapy firm Tune Therapeutics and AI drug development startup Chai Discovery. Today, Yosemite said tha
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MRK
Earnings
- 10/30/25 - Beat
MRK
Sec Filings
- 1/28/26 - Form 4
- 1/28/26 - Form 4
- 1/28/26 - Form 4
- MRK's page on the SEC website