
Art by Clark Miller; Getty Images, YouTube.Can Reed Jobs Be More Than the Son of Steve?
The Apple co-founder’s son has thrown himself into investing in biotech moon shots.
Last month, Reed Jobs was on Capitol Hill meeting with lawmakers and representatives from America’s top hospitals, universities and medical organizations. He came to deliver an impassioned plea: Save the National Institutes of Health, which faces a push by President Donald Trump to slash its budget 40%.
As a keynote speaker at the annual summit thrown by the American Association for Cancer Research to advocate for more research funding from Congress, Jobs urged Washington to increase the agency’s budget. “This is a really damn good investment,” said Jobs, dressed neatly in a white shirt and dark-gray blazer. He speaks with some newfound credibility on the subject of putting dollars into scientific research: His two-year-old venture firm, Yosemite, focuses on cancer-related startups and has accumulated nearly a billion dollars in assets under management.
The day after his speech, Jobs, the eldest son of Apple’s Steve Jobs, hobnobbed around the Hill, meeting with two California Democrats, Rep. Mike Thompson and former House Speaker Nancy Pelosi, who has ties with Jobs’ mother, Laurene Powell Jobs, along with the staff of Sen. Katie Britt, a Republican from Alabama.