The best early-stage venture capital investments appear obvious in retrospect; however, very few of them are actually obvious when you make them.
We listen to the entrepreneur. We try to have a fine tuning fork to understand what they are saying and whether that makes sense and know it when we see it. We don't try to do too much predicting.
College is a magic time. Yes, you're young and fickle, but you want to be part of this college experience... Then you graduate from that. You have your first job, moving to a new city.