Inside Yosemite: How Reed Jobs’s VC Is Deploying $350 Million to Fight Cancer | Term Sheet

Reed Jobs, the son of Steve Jobs, wants to prevent deaths caused by cancer. Fortune’s Allie Garfinkle sits down with the Yosemite founder to discuss his $350 million VC fund, why nearly 95% of cancer drugs fail and how philanthropic grants can reduce risk in early stages of scientific research. They also explore AI’s role in drug discovery, the potential of GLP-1s, and why Jobs says making cancer non-lethal, rather than curing it, is the key to saving lives.