Bloomspot

  www.bloomspot.com
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Bloomspot Reviews

Updated May 29, 2014
All Employees Current Employees Only

3.5 34 reviews

75% Approve of the CEO

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Jasper Malcolmson

(28 ratings)

59% of employees recommend this company to a friend
34 Employee Reviews
Relevance Date Rating
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Awesome company, good people

    Anonymous Employee (Former Employee) San Francisco, CA

    Pros1.Visibility of work is high
    2.Cool to see what you do gets released to public, very gratifying
    3.Most talented and drive group of ppl I've ever worked with
    4.Information given to the employees is unfiltered and transparent
    5.Get fully exposed to how creative ideas are born, fine tuned and then executed

    Cons1.Office layout can be noisy and somewhat distracting
    2.High pressure environment. Almost everyone is smart and hardworking, which creates a competitive atmosphere
    3.Company had rapid growth, hard to move around/ change divisions
    4.Expect to work long hours in crunch time

    Advice to Senior ManagementJasper is an amazing CEO, easy to talk to, and make a point of connecting to people at every level of the company to get feedback and act on it to make the company better. I think this is crucial and he is an integral piece as the company continues to grow.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Approves of CEO

     

    Fun culture, bustling SoMa location, and great perks

    Manager (Current Employee) San Francisco, CA

    Pros• Catered breakfast and lunches
    • Management is not terribly top heavy and let's everyone have an opinion
    • Constantly evolving product
    • Flexible hours

    Cons• Very little opportunities for career growth
    • Culture feels very young at times
    • CEO only acknowledges sales and engineers - zero name recognition
    • Compensation is very top heavy
    • No commuter benefits

    Advice to Senior ManagementDon't play favorites and consider hiring from within the company to provide options for career growth.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Approves of CEO

     

    Happy Salesperson

    Senior Account Executive (Current Employee) San Francisco, CA

    ProsInnovative and fun company to work for. Bloomspot has taken a "Bloomingdale's" approach to an industry full of "Walmarts" which gives a salesperson a big edge. Very good earning potential for someone who puts their head down and works. Opportunity to share opinions and be heard by senior management. Just agreed to be acquired by JPMorgan Chase. Sky's the limit!

    ConsBloomspot has gone through some things that I would imagine are normal for start-ups. Some good and talented people have been left behind. It is tough to build a comp plan that is fair across the board for what we do.

    Advice to Senior ManagementTo Chase: I hope you keep the same culture that allows employees to freely share ideas and feel listened to.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
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    • Approves of CEO

     

    I have thoroughly enjoyed working at Bloomspot! Stellar start up with awesome employees (both current and former).

    Senior Account Executive (Current Employee) San Francisco, CA

    Pros- Work hard, play hard.
    - Company culture (great people, cool office, fun activities, etc).
    - Office location (SOMA, near Caltrain and Muni).
    - Snacks & meals are plentiful.
    - Open door policy with management.
    - Generous comp & spiffs.
    - Team work environment.
    - Executives sit at regular desks mixed in with employees.

    Cons- Start-up kinks.
    - Executives do not have an accurate picture of who the top performers (or performers for that matter) actually are.
    - Slackers seem to go unnoticed.
    - Compensation is inconsistent and unfair, often rewarding the wrong people / behavior.
    - Spiffs do not make sense and encourage quantity vs quality.

    Advice to Senior ManagementInvest in those who have stayed loyal to the company. I know this is the case in certain departments but not across the board.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Approves of CEO

     

    A start-up of great ups and downs, but overall a valuable experience and worthwhile.

    Account Executive (Former Employee) San Francisco, CA

    Pros-- free snacks-- who can complain about that?
    -- dog friendly-- they really took away stress and added humor to the office
    -- casual dress-- hoodie and jeans totally appropriate
    -- competitive base salary and OTE for sellers
    -- convenient SOMA location-- close to ATT park, Muni and restaurants
    -- the employees are friends-- you cannot top the camaraderie of the ground troops
    -- structured mentoring program-- you aren't just left to figure it out
    -- flat structure--the CEO and top execs work at the same open tables you do
    -- ability to shadow other departments to foster understanding of different roles
    -- Mac computers

    ConsWith great ups, came great downs, so while everyday was not the same nor predictable, that is the norm of being in a start up. Resilience is required.

    The daily deal companies as a whole are struggling to evolve as merchants are leery of deal sites and coupon purchasing customers realized they don't redeem most of the certificates they buy so they cut back on spend. It's a tougher sell as you do not sell a product but negotiate a discount at a minimum of 40% off then require 50-40% commission on sold certificates so a fair time to ramp is necessary.

    In the sales role you will be account executive, relationship manager, renewal specialist, and technical support to get loyalty program set up-- the work doesn't stop once the contract is signed which diverts focus and adds frustration. The quota doesn't reward activation of loyalty program which was a key focus, but time away form closing more business.

    Advice to Senior ManagementInvest in additional training for managers. That qualities and strengths that makes someone a great seller is vastly different than what makes someone a great manager.

    Better define how employees are measured across the board. Having a clear career path for team members with set ways to measure success, growth and opportunities will be helpful.

    Invest in the culture again, that was your STRONGEST asset which took a couple of hits as the company grew.

    Bring back a small team in charge of Encore and customer success: solely responsible for activation of Encore, MID collecting, and ROI reports. This way sellers can better focus on hunting than farming.

    Have an idea bank where employees can publish and get credit for their ideas.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Great company with strong leadership

    Creative Director (Current Employee) San Francisco, CA

    ProsMy experience at Bloomspot has been incredible. I've had the opportunity to rebrand the company from the ground up with the support and thoughtful contributions of the co-founders Jasper Malcolmson, Ashish Baldua, and members of the product and marketing teams. The company nurtures creativity and innovation and has proven to be a strong leader in the daily deals space. Bloomspot's recent acquisition by JP Morgan Chase is a testament to its success.

    ConsThe health care / benefits could be better. We have no monthly employee contribution, but very high deductibles and co-pays.

    Advice to Senior ManagementMuch of my positive experience here is attributed to co-founder Jasper Malcolmson who has provided an environment for me to explore, develop, and essentially immerse myself in creating and maintaining the Bloomspot brand. My personal experience aside, Jasper leads with integrity and insight and has a keen ability to connect with the company in ways that motivate and challenge us to do our best. His charisma and enthusiasm make Bloomspot a great place to work.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • No Opinion of CEO

     

    Started well and soon turned into a sinking ship.

    Account Executive (Former Employee) San Francisco, CA

    ProsGreat co-workers
    Used to have great work/life balance
    Compensation

    ConsPoor management
    Un-evolved product
    Lack of communication
    Constantly changing sales goals

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    lots of smart, sharp people. very little micromanaging. never an average day-to-day.

    Anonymous Employee (Current Employee) San Francisco, CA

    Pros- fun company culture
    - smart, young team
    - excellent work/life balance
    - work is always changing, never dull
    - lots of internal mobility
    - will probably never find smarter and more fun bunch of people to work with
    - people are genuinely friends outside of work

    Cons- management can be narrow minded and stubborn with respect to new ideas
    - engineering and product bottle neck prevents innovation
    - part of quickly changing, generally lukewarm daily deal industry
    - employees who have been around since company inception get away minimal work

    Advice to Senior Management- let your employees prove you wrong
    - hire a dedicated director of email marketing instead of allowing product to (poorly) manage email
    - AEs get a lot of recognition because sales is inevitably competitive. give recognition to other teams, too. we all work hard.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    I love working at Bloomspot

    Anonymous Employee (Current Employee) San Francisco, CA

    ProsThe people are great and the culture is great. The company is continually seeking ways to improve.

    ConsSince it is still a start up, sometimes things are a little chaotic.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • Disapproves of CEO

    5 people found this helpful  

    Kicking myself for still working here...

    Anonymous Employee (Current Employee) San Francisco, CA

    ProsVery little micromanaging
    Cento coffee is quite good

    Consbloomspot is all the things wrong with startup culture. This is not "hip" or "cool." There is very little that separates bloomspot from working at an insurance agency or Bank of America. This is the most corporate acting startup I have worked for in the city -- or even heard about from friends. In other words, bloomspot has very little of the perks of working for a startup. The pay is EXTREMELY low. I cannot speak for the management, etc., but the pay is just the minimum they can get away with. The vision for the company seems weirdly outdated -- where "checking in on Foursquare" is considered a new, cutting edge marketing campaign. I guess they just got hold of basic social media from 18 months ago. I've dubbed weekly meetings "Meme Death Watch" because by the time upper management has learned of "Friday" or the "Honey Badger" video and used it in a meeting, that meme is officially dead. No one feels secure or passionate in what is ultimately the coupon selling business. It's a highly uncreative place that runs on the naivety of post-collegiates who are working for peanuts (this is not exactly me, but it's obvious). There is just so little vision or anything innovative happening here. Jasper and Ashish drink their own kool-aid so much, they are unable to see that their employees are not thriving, and they are losing out on a ton of untapped potential. Get it together, guys. Your business won't survive if you keep ignoring what's obvious.

    Advice to Senior ManagementFocus on company culture again. I'm not asking for a free lunch or a swanky gift card, but right now, it feels like we should all be wearing name tags and khakis. There's nothing special left. So, address that. What makes your business special? Beyond revenue. And look internally to what people CAN do, not just what they ARE doing. There's a lot of ripe talent around here that isn't being mobilized. I've never seen a company whose best ideas came from mid-upper management. Get to know who's in the trenches. Get to know your pawns. Focusing on the knights and rooks is a sure way to lose the game. Good luck, guys.

    No, I would not recommend this company to a friend

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