I typically only invest in situations where I can lend a hand / advice. I've been working in the Internet space since 1995. Strong operational experience & a large network. Product, Technology, Cash flow, Recruiting, Organization assistance.
Dave and Josh largely invented the micro VC. They're two-time entrepreneurs over two cycles. They know most everyone and have seen most everything. They're tough on pitches and expect you to have your diligence in order, but trust me when I say that's a good thing. They've invested in three rounds of mine across two companies and have ALWAYS had my back. You'd be lucky to have them in your next round.