Founders guide: Navigating a down market

News, insights and updates from the team at Bloom Equity Partners

Happy Friday Founders & Friends!

We are back with some more insights from the team at Bloom Equity Partners! Hope everyone is having a great start to June!

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Founders guide: Navigating an economic downturn

Founders and operators- this insights section is for you!

As you already know the current market environment is looking very bleak. From fed rate hikes to the war in Ukraine, the future of both public and private markets is unknown.

This presents a challenge for startup founders and operators- how to proceed in these uncertain times. Our team has put together some great resources for navigating your business through an economic downturn! This is the guide to survival!

Y Combinator: Save Your Startup during an Economic Downturn

All in-podcast: “Default investible” Framework

📚 default alive or default dead?

📚 The upside of a downturn.

sam lessin @lessin

What happens to Seed Investing in Next 18 Months…

📚 Maveron: Note to portfolio companies

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What We’re Reading and Listening To…

🎥 A Decade of Learnings from Y Combinator's CEO Michael Seibel

📚 Simple Math to Set Up a Sales Team

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News from the Industry: deals, deals, and more deals 💰

Broadcom Bags VMware In A $61 Billion Software Bet

Clovis Point Capital raising biggest fund to date

Covetrus to go private in $4 bln deal with CD&R, TPG Capital

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Favorites from the Ecosystem

Investors👇…..

Orlando Bravo @OrlandoBravoTB

The way you operate and manage a software business is the same (whether you are in 2000, 2019 or now). What difficult environments do is make execs more attentive to forecasting and their P&L (which is always a good thing).

David Sacks @DavidSacks

Startups: Instead of thinking about whether you are “default alive” vs “default dead”, think about whether you are “default investable” vs “default uninvestable.” 🧵

Founders👇…..

Peter Zhou @PeterLZhou

When @cyrieu and I spent our time in pivot hell, the biggest challenge we faced was when to move on from a current idea. To solve this, we created a framework we called the 30 customer test that eventually led us to the idea for @RutterAPI. A 🧵

Paul Yacoubian @PaulYacoubian

Thinking of starting a startup accelerator. If you're accepted, I just tell you to join Twitter, give you a list of 100 accounts to follow and make you start posting daily about what you're working on. What am I missing?

Operators👇….

Michael Girdley @girdley

20 books every small business CEO should read:

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End Note 🔚

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About Bloom Equity Partners

Bloom Equity Partners is a lower mid-market software-focused private equity firm, leveraging deep operational and commercial experience to create enduring market value for the benefit of our investors, founders, and their companies.