How to take a company public

Should you raise capital or go public?

Happy Friday, founders and friends!

We’ve had another action-packed week. Friend of the firm, Ian Paterson, hopped on the podcast with Bart to break down how Plurilock went public, our portfolio companies added new jobs to our new portal (down below!), and YC Demo Day is right around the corner 👀

Let’s get into it…

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the full bloom🎙

Ian Paterson, CEO of Plurilock, stops by this week to chat about raising venture capital, alternative financing options, SPACs and RTOs. Ian shares his perspective going from venture-backed founder to, taking $PLUR public on the TSXV, and the steps Plurilock took to make the informed decision to IPO.

In case you missed it…

Jeff Richards, Managing Partner of GGV, covers the importance of the long game

Bloom Equity’s Partnership pulls you behind the curtains of our latest acquisition

FinTech pioneer Howard Lindzon explains leverage and SPACS

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Bloom’s Job Board

We recently launched our new job board! Loaded with 35+ open roles at Bloom’s portfolio companies- ranging from engineering, product, marketing.

Are you, or someone in your network, looking for a new role? Check this out, and share with a friend.

Recent Roles

Viostream is hiring a Marketing Associate and Customer Support Representative!

Aviron is searching for a Head of Growth

POGO is looking for Engineers and part time Growth Marketer

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What we are Reading…

Bessemer’s 2021 State of the Cloud breakdown

The Complete Guide to ‘Product Market Pull’ (PMP)

Zenefits, Once Worth $4.5 Billion, Does Deal With Private-Equity Firm

Business Lessons from Mark Leonard (Constellation Software)

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Favorites from the Ecosystem

Bart Macdonald • Bloomvp.com @BartMacdonald

💯 💯 Same @bloomvp_ with our buyout fund ... gradually then suddenly, everyone wants to LP (or GP) SaaS deals. “In the end, how your investments behave is much less important than how you behave” — Benjamin Graham. https://t.co/4yBNR9Uq6Q

Keith Wasserman @Keith_Wasserman

Have a deluge of investors looking to park capital but can’t find a damn deal! Constantly getting outbid but holding restraint. Patience is a virtue!

Alex Danco @Alex_Danco

It's rare that this week's meme and this week's newsletter fit so well together. Like a beautiful eclipse alexdanco.com/2021/03/10/pip…

kirubha @k17ubha

Me: So how did this get started? Founder: So I was at burning man and... Me: Say no more

Andrew Wilkinson @awilkinson

Who are the top up-and-coming small tech PE firms other than Tiny?

Jay Vasantharajah @jayvasdigital

Tell me you’re a Canadian tech founder without telling me you’re a Canadian tech founder

Conor Neu @ConorNeu

Any VCs raising for their first or second fund presently? Am looking to allocate in $25-100k slugs from an entity I manage. Would like to see 10-20 funds and pick 2-3. DM if raising.

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End Note

Thanks for joining us for another edition of the weekly bloom. At Bloom Venture Partners we buy, build + invest in SaaS.

We’re excited to continue backing remarkable teams on their quest of changing the way we work, live + create.

As always, if you enjoyed this week’s newsletter we'd love it if you shared it with a friend, co-founder or anyone that would find value.