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      "text": "Invest in 20-25 companies per year with a $100-250K check\nPortfolio was weighted toward pre-seed, with some exposure to seed\nProve ability to lead and set terms for pre-seed rounds\nValidate our ability to lead and the importance of having a lead at the pre-seed stage\nUse SPVs to follow on in our best portfolio companies\nWork with existing Precursor LPs to form syndicates for our best companies\nFocus on access over ownership\nFocus on getting into great companies, with more attention paid to entry price over ownership percentage",
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