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Identify an Extreme Pain Point
Tom Ferguson, managing partner at Burnt Island Ventures, talks about water investing: trends, opportunities and challenges. Tom shares lessons from his experience working with entrepreneurs in the water sector. He also explains the methodology Burnt Island Ventures uses to assess potential investments while avoiding the biases that often hinder great founders from meeting investors.In this episode, you’ll learn:[6:50] Water is a tricky industry. You need to have non-obvious insights for your business idea to take off.[10:58] How sitting on the real pain point results in an outrageous founder-market fit[17:07] Quality of written communication is a leading indicator of future success in entrepreneurship.The non-profit organization that Tom is passionate about: Imagine H2OAbout Guest SpeakerTom Ferguson is the founder and managing partner at Burnt Island Ventures. Previously, Tom ran the Accelerator at Imagine H2O for 5+ years, seeing hundreds of water startups a year.About Burnt Island VenturesBurnt Island Ventures is a Silicon Valley-based early-stage venture fund that finds, funds and supports the best of water entrepreneurs. Its portfolio companies include Daupler, Aclarity, Spout, 2SWater, SewerAI among others.Subscribe to our podcast and stay tuned for our next episode. Follow Us: Twitter | Linkedin | Instagram | Facebook