Jim Tananbaum has experience working in private equity firms. He worked as one of the top private equity executives long before he came up with the idea for Foresite Capital and that helped him to have a clear idea of what he wanted to do with his own company when it came time to start it. Jim knew that things would be easy once he took control of the company but he first had to make some major decisions about it. He chose the healthcare industry to provide private equity options to because he knew that the industry was lacking when it came to the financial options that they had. He also knew that doing this would help the company to grow because the healthcare industry would almost always need someone who could finance their startups and the other opportunities that they had to improve with their experiences.
In a report by Biz Journals, since Foresite Capital first started, they have been able to see a big increase in the options that they have for their clients. From smaller health companies to large ones that have several hospitals within their system, Foresite Capital knows the right way to help them and to make sure that they are getting exactly what they need from the process. They also work to make sure that the companies are able to continue with their goal instead of just helping them start the company and then walking away from them with the options that they have. More details can be found on Ideamensch to know more.
One thing that Foresite Capital has always focused on thanks to the efforts that Jim Tananbaum originally put into the company is a dedication to the increased opportunity for the people who need the healthcare industry. Jim Tananbaum recognized that it was important to help healthcare companies so that they could get started with their businesses but he recognized that they needed to do this so that they would be able to provide healthcare options to people who needed them. Jim Tananbaum knows that helping people who are sick is important and has chosen to do it through helping the healthcare companies that need capital. Check out his website officialjimtananbaum.com
Follow Jim: https://twitter.com/jtananbaum