With more than 100 years of business experience with clients such as Microsoft, Warner Brothers, Apple and Coca-Cola between them, the four partners at Three Point Ventures believe Chattanooga is the right place at the right time for their mobile software company to hit the ground running, according to partner Todd Bickerstaff.
Self-described “serial entrepreneur” Bo Ferger wants to make Chattanooga the center of the company’s plan to develop and nurture mobile applications for the enterprise and business world.
“We are really leveraging the strengths of what each one of us brings to the table as a partner to help young businesses get themselves off the ground, and we happen to be very focused on the mobile space,” said Mr. Ferger, senior partner at what he describes as a hybrid between an early-stage incubator and a traditional venture capital firm. “We believe that mobile technology is on the beginning of a curve here, it’s an opportunity for us, and it’s an opportunity for Chattanooga.”
Mr. Ferger’s partners Todd Bickerstaff, Jeff Cole and Doug Johnson bring to the table over 20 years each of investment, marketing, and engineering experience, respectively.
“We bring some serious, deep expertise, but we also intend to put a decent amount of capitol into an early opportunity, to get them in the place where all of the normal things that a venture capitalist would want to see have been done,” Mr. Ferger.