The fund focuses on investing in startups with a preference for founders who have a track record of success. Startups that have multiple founders or are less than 4-5 years old have a lower chance of receiving investment. The fund has a strong presence in the medical and healthcare industries and has invested in popular startups like Sojournix, Corvidia, and Metacrine. It typically invests in rounds with 8 participants and often collaborates with other investors like venBio Partners, Polaris Partners, and Pappas Ventures. The fund has a high level of activity and has seen increased exits in 2019. It is known for committing more exits compared to other companies and typically invests in deals ranging from $50 million to $100 million. Venrock partners with entrepreneurs who aim to tackle challenging problems and has a successful track record of building disruptive companies.