Hustle and fund

While some VCs look to back serial entrepreneurs with a track record of success, Venrock expects the majority of investments from Venrock 8, which closed last month at $450 million, will be in companies led by first-time CEOs.

The fund will invest in 25-30 healthcare and technology companies, with a focus on early stage U.S. investments. Venrock’s Camille Samuels said she expects one-third to one-half of the investments to be in healthcare, which could include therapeutics, diagnostics, devices and health IT. ...