Throughout his career, Jim Tananbaum has created many different companies. He has worked in the venture capital field for years and this has allowed him to learn as much as possible about it. It has also given him the chance to make sure that he is doing what he can to provide people with new opportunities in the businesses that they have. He knows that having venture capital available to different people is something that is important but what he is also able to recognize is that special in different venture capital niches is even more important. It allows the company the chance to make sure that they are getting what they can out of the options that are available to them at the time that they are doing more with the business. Jim Tananbaum knows that the value of a business is in finding a niche that nobody else has taken control of.
For Tananbaum, the perfect niche is healthcare. He sees it as something that is not going to go away and something that people are going to need venture capital with for a long time. He knows that it can be complicated to get the right type of money and investments in the healthcare industry and that many people will be looking for it. He also knows that the profit margins for healthcare investment are huge and that he is able to make a lot of money from it in the time that he is going to be offering investments. More details can be found on Crunchbase.
The Foresite Capital company is one that he started with the intention of providing the service to healthcare companies. He wants to make sure that he is doing what he can to give them the chance to make more money and to be able to profit from the different things that they have available to them. Jim Tananbaum is able to recognize that healthcare can get so much better through the use of a venture capital firm like Foresite Capital. He does this so that he will be able to do more with the money that he has. Sourced info: LinkedIn.com
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