The Weekly Bloom, Midsummer Edition

insights, news, and updates from bloom venture partners

Happy Friday, founders and friends!

Summer is absolutely flying by and things are starting to look pretty back to normal in this post-pandemic world.

From portfolio company management to deal sourcing, and beyond 🚀 the Bloom VP team has been busier than ever over the past few months!

We have some exciting news around the horizon and look forward to sharing it with you when the time comes!

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Partner with Bloom Venture Partners

"I have really enjoyed investing with Bloom Venture Partners. Working with Bloom has been very impactful for me and my family, and I will continue to invest with Bloom for as long as I have the opportunity." - Bloom Investor

Are you an accredited investor interested in joining our investor base of HNW, Family Offices, and investment firms? Complete our contact form and a team member will be in touch. We are aggressively seeking opportunities to acquire underperforming B2B Software and Service businesses between $3M - $6M Revenue that meet our investment criteria.

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What We’re Reading and Listening To…

📚 A Valuation Framework for SaaS Companies

📚 What is the Structure of the Typical SaaS Company as it Scales?

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Favorites from the Ecosystem

Investors👇…..

Justin Vogt @J_M_Vogt

SMB acquisitions tend to be very niche. Which is great! But this also makes it really hard to ask the right "industry" questions through diligence Searching in an industry you know or where you have built a network of experts to help ask the right questions helps tremendously

Keith Rabois @rabois

Biggest change in the venture landscape now: There are no VC funds with pricing discipline. All of us have caved.

Founders👇……

Andrew Finn @finnscave

Young, early stage founder asked for any hiring thoughts - figured worth sharing with the twitter-verse if they can be helpful. 1a) Make people do the work they are going to do for you during the interview process.

Steve Ressler @steveressler

Building a go-to market machine is tough & even harder when you are sub-scale. Here's 5 tips I consistently provide sub-scale start-ups & ETA entrepreneurs. A quick thread 🧵

Operators👇…..

Alex MacCaw @maccaw

If you want to create an extremely efficient SAAS startup there are two key areas to optimize: 1. Self service 2. Managed hosting Let me explain.

Andrew Gazdecki @agazdecki

As CEO, you shouldn’t be working 100+ hours a week. It’s unhealthy, negatively affects your decision making ability and usually leads to burn out. Your job is to fire yourself from everything then create an environment for your team to succeed.

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

Blackstone to buy ESG software provider Sphera

ASG acquires broker software maker Trucker Tools

Thoma Bravo to take Stamps.com private for $6 billion

EQT-Backed Waystar Buys Patientco in Payments Software Deal

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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.

As always, if you're enjoying The Weekly Bloom, we'd love it if you shared it with a friend or two. You can send them here to sign up. We try to make it one of the best emails you get each week, and I hope you're enjoying it.

And should you come across anything interesting this week, send it our way! We love finding new things to read through members of this newsletter.

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About Bloom Venture Partners

Bloom Venture 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.