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Apparently the lower limit on investments is only 50K, they're going to have to install a revolving door to be able to handle the number of people pitching.

300M / 50K = 6000 investments in the absolute worst case (or best case, depending on how you view it), let's assume they do one in 10 (which would be quite high) that's 60K pitches!!

You're not taking into account the amount they reserve for follow-up investments after their initial seed investment.
Exactly. They could easily reserve over 50% of the fund for follow-up.
good point, ok, divide by 2. Still an amazing logistics issue.
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