Burnt Island Ventures invests in water entrepreneurs. Specifically, looks for the following characteristics in the companies they back:
1) Founders with uncommon insight in to some niche of the market that very few people know about, founders that have lived and breathed their problem and industry for years
2) Companies in water are driven by pain. By miserable customers
3) Companies that offers the whole solution. Anyone can build the thing. Even if only very few can build the thing, it’s the business around the thing that counts.
4) Customer acquisition is usually hard, so pricing has to be carefully thought out ahead of time.
5) The quality of leadership communication matters. Their charisma, their thoughtfulness, the way they tell their story