A leader is one who executes what he or she and others think is best. As a business leader, Jim Tananbaum believes that business concepts should be on par with the direction of growth that a venture takes. Tananbaum enjoys reading books during his free time for educative purposes. One of his favorite books is Casual Inference in Statistics by Peal, Glymour, and Jewell.
In a report by Business Wire, Tananbaum believes that there are great and diverse opportunities out there that entrepreneurs can pursue. He is certain that most people, who are in pursuit of great ideas, are definitely in pursuit of processes that can lead to a profitable business. He encourages aspiring entrepreneurs to approach top funders like himself to assemble better and high-quality ideas.
As he began his entrepreneurial journey, Tananbaum had several opportunities in which he could invest. Due to his self-belief, persistence, and focus, he managed to gather a new set of profitable investments in a business-oriented fashion. Tananbaum also invested in the ever-changing healthcare industry. He succeeded in his investments because he focused on the direction in which emerging trends in the industry are headed.
He was also worked with experts who share his vision. According to Insider Monkey, entrepreneurship is about taking risks. However, an entrepreneur must spare time in his or her busy schedule to learn about a situation before taking risks. Visit LinkedIn for more info.
About Jim Tananbaum
One of the most successful healthcare ventures founded by Jim Tananbaum is Foresite Capital. Since 2001, the private equity venture has been identifying aspiring leaders in the healthcare sector and helping them grow by providing them with networks, information, and capital. Tananbaum is also the brains behind two NASDAQ-traded pharmaceutical companies known as GelTex Pharmaceuticals and Theravance Pharmaceuticals. The two firms currently have a total market capitalization of about $3.2 billion. Check out Crunchbase to know more.
His investment experience includes being a partner of Sierra Ventures and a founding partner of Prospect Venture Partners. Tananbaum also led investments, such as Healtheon, Amira Pharmaceuticals, and Jazz Pharmaceuticals. He specialized in math and electrical engineering/computer engineering at re Yale University. He has an M.D and M.B.A acquired from eminent Harvard University and an M.S from high-profile MIT.