Our thesis is really simple. We think that the leading indicator of success is a hustle. For us, the hustle is defined as great execution, meets high velocity and we find that teams that ship a lot of code, run a lot of experience, and try very hard at sales pipeline processes tend to grind out the best businesses over time. Pre-seed investing and seed investing is largely an exercise of assessing the potential of the founders. 

Instead of trying to make a judgment upfront about how to invest, we write a $25,000 check into the team that we think is working on an interesting problem. We then work with the team on their project from four to six weeks, and it's from that period of time of actually collaborating with team members, working with them side-by-side is typically where we can get a much better sense of the quality of execution. After that, we generally have a much better sense of who's a hustler and who’s not. If we like them, we then concentrate a much larger check into those businesses.