Jim Tananbaum has a unique perspective on the financial industry thanks to his hard hitting work as the CEO for Foresite Capital. Tananbaum has been one of the most innovative investors we have seen over the past several years and his ability to fundamentally work the market has made him a legend to his clients. Tananbaum’s extensive experience is definitely worth digging deeper into and fortunately for us he is open about his work and experience.
When talking with Jim Tananbaum you can see right away that he has focused entirely on cultivating his work with Foresite Capital. Foresite has been in the business for over 25 years, working primarily with healthcare. Tananbaum claims that, for him, the reason he has found so much success is simple and that it largely exists due to the innovative teams he has managed to cultivate over the years. Above all, still, Tananbaum credits his understanding of healthcare. Tananbaum says, “To me, Foresite truly means to understand and harness healthcare’s future.”
To date Foresite has invested in 77 healthcare companies that focus in a slew of different specialties: medical services, genome sequencing, biopharmaceuticals and more. Being this heavily invested in so many different companies means that Tananbaum needs to work hard to keep ahead of the pack. Let’s dig into what a typical day for the CEO of Foresite Capital could look like.
Jim Tananbaum starts each and every day like the one before it: closely working with his team members by way of in person meetings and networked phone calls. Tananbaum works through presentations, meetings, and company updates before finally retiring to his home to be with his family. Tananbaum says, “Family is my highest priority and one of my favorite activities is having dinner with them.” Visit Medium for more details.
Finding success as an entrepreneur or as an investor can take some work, and it means always pushing for that next concept. Foresite finds success thanks in large part to Tananbaum’s insistence on hiring and working with the smartest, most active, and persistent leaders within the healthcare industry. So far so good and it looks like Jim Tananbaum still has plenty left to do.