No April Fool's jokes here

Just your favorite weekly SaaS community update

Happy Friday, founders and friends.

No April Fool’s here, just your weekly SaaS community update.

This week’s Favorites From the Ecosystem section is stacked with value. Plus, a new episode of the full bloom featuring Joe Floyd, General Partner of Emergence Capital, on making high-conviction bets in early stage companies.

Bloom’s Job Board

We recently launched our new job board! Loaded with 30+ 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.

Featured Roles

Arctype :: Senior Software Engineer

Airbo :: Enterprise Sales (+3 others)

Aviron :: Head/Director of Growth

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the full bloom🎙

Joe Floyd, General Partner of Emergence Capital, joins Bart Macdonald on this episode of the full bloom. Joe breaks down the fund's strategy on making high-conviction bets in early stage companies- most notably Salesforce, Zoom and Gusto.

Joe opens up the playbook on how the Emergence team works with founders to evolve into venture scale CEOs, detailing the common mistakes founders make, and the 5 super powers of a great early-stage founder.

Hear what Joe thinks about the current state of the early stage markets, and what Emergence is looking for when investing in SaaS products in 2021.

Recent Episodes:

Howard Lindzon (GP, Social Leverage) :: the new era of social leverage | the full bloom 1.10

[Special Ep.] Viostream :: the story behind Bloom Venture Partner's latest acquisition | the full bloom 1.11

KP (@thisiskp_) :: the future of startups is building in public | the full bloom 1.4

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Favorites from the Ecosystem

The Acquisition Playbook, 10 proven post acquisition strategies to increase revenue 10% or more :: Andrew Gazdecki, MicroAcquire

Product Marketing Campaign Template for SaaS Companies :: Dan Martell

A compact guide to SaaS pricing strategy :: ProfitWell

Failed Acquisition – Lessons Learned from Acquiring the Wrong Business :: Michael Frew

The Next Wave of Industry Cloud is Data :: Joe Floyd

How to Build a Community to Grow Your SaaS Company :: ChartMogul

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Thanks for joining us on the full bloom, Joe!

Joseph Floyd @thejoefloyd

Thanks @BartMacdonald for the fun conversation!

bloom venture partners @bloomvp_

🚨 new podcast alert @thejoefloyd joins @BartMacdonald on a new episode of the full bloom we're talking @emergencecap's strategy on making high conviction bets on early stage startups in 2021 🎙 full ep :: https://t.co/6dk9AyBNHV https://t.co/MlRi8pPO1T

There’s value in the froth

Zach Coelius @zachcoelius

There is a ton of talk these days about the massive amount of capital flooding into venture. Yes, it is pouring in hard and fast. There is froth and bubblicious behavior all around us. Yet, less talked about is the other side of the coin: startups are crushing it right now. 🧵

“However, in both the game and real life you don't have infinite time and runway.”

Elizabeth Yin @dunkhippo33

Today's tweet storm is about business strategy at your startup. If you think about building a company, it's a bit akin to one of those resource allocation board games. You know - like Catan or Tzolk'in or 7 Wonders -- stuff like that. What is the strategy for your startup? >>

Bart Macdonald • Bloomvp.com @BartMacdonald

Great take Partner > Firm > Valuation* (assuming valuation delta is relatively small, like Ryan's example).\ Seen too many founders blow up taking the highest valuation when company is barely more than 5ee and a few lines of code, with the wrong investors around the table.

Ryan Denehy @DenehyXXL

In 5 years are you really going to remember the difference between a $9M valuation and $11M valuation or will you remember the fact that you picked an A+ partner and firm?

Alex Cohen @anothercohen

The last 5 investments we made at @bloomvp_ were based in: - New York - San Francisco - London - Seattle - Los Angeles Deals are happening everywhere 🌎

And apparently this wasn’t an April Fools joke..?

The Verge @verge

Even LinkedIn is making a Clubhouse clone theverge.com/2021/3/30/2235…

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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.