Jim Tananbaum heads Foresite Capital, a reputable firm he founded in 2011 that supplies capital, networks, and information to upcoming healthcare leaders. Jim has always been an enthusiast of combining science with computer science and healthcare, which has formed the basis of his career. His inspiration comes from the ways the combination can work in solving healthcare complex issues. He has had numerous mentors along his journey, and he is dedicated to working with others of like mind to drive change in the healthcare industry.
What Worked for Him
Over the 25 years of his career as an entrepreneur in healthcare and an investment strategist, Jim Tananbaum realized that starting out in healthcare industry requires huge capital and time. This realization led to the birth of Foresite where he offers entrepreneurs and companies the much-needed incentives. Jim spends most of his time brainstorming with his team members and other leaders in the healthcare industry, which allows him to bring his ideas to life. He believes in the power of teamwork where all members complement each other to bring about excellent performance and success. Jim loves adding knowledge, which helps him get the best healthcare solutions. He is also committed and persistent in carrying out his duties, which has seen his firm and innovation grow. These two traits have also played a key role in helping him overcome tough times. His advice to other entrepreneurs is to carry out due diligence before making any investment. He also advises on believing in oneself, noting that combining what one believes in with what other people think is best often leads to unnecessary compromises. He adds on the importance of growing businesses on what is ideal for growth in the entrepreneur’s perspective rather than the traditional ways.
About Jim Tananbaum
Jim Tananbaum previously co-founded several other companies, including GelTex Pharmaceuticals, Theravance Inc., Prospect Venture Partners, and Sierra Partners. He has also been involved in several other organizations, such as Amira Pharmaceuticals, Amerigroup, Healtheon, and Jazz Pharmaceuticals.
Jim Tananbaum enrolled for a science degree science at Yale University and decided to specialize in the fields of engineering, mathematics, and computer science. He got his medical doctor degree from the Harvard University. Later on, he completed his master’s thesis and graduated from the esteemed Massachusetts Institute of Technology. Check out his About.me page