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  <title>
   Jersey Mike's Just Filed for a $12 Billion IPO
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   Plus: Investor's grueling funding requirement, product hit $100M in one year, and Microsoft cuts 4,800 jobs. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­
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                  <p style="font-weight: bold; font-size: 17px; margin-bottom: 6px; color: #111111;">
                   JULY 7, 2026
                  </p>
                  <p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
                   What's on deck today:
                  </p>
                  <ul style="margin-top: 0; margin-bottom: 0; padding-left: 22px; color: #333333;">
                   <li>
                    One investor shares his grueling requirement before funding anyone
                   </li>
                   <li>
                    What you need to know about Jersey Mike's IPO
                   </li>
                   <li>
                    How one product hit $100M in a single year
                   </li>
                   <li>
                    Microsoft cuts 4,800 jobs
                   </li>
                  </ul>
                  <hr style="border: 0; border-top: 1px solid #e0e0e0; margin: 18px 0;"/>
                  <p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
                   Market snapshot:
                  </p>
                  <ul style="margin-top: 0; margin-bottom: 0; padding-left: 22px; color: #333333;">
                   <li>
                    S&amp;P 500
                    <span style="color: #008000;">
                     ▲ 0.87%
                    </span>
                   </li>
                   <li>
                    Dow Jones
                    <span style="color: #008000;">
                     ▲ 0.42%
                    </span>
                   </li>
                   <li>
                    NASDAQ
                    <span style="color: #008000;">
                     ▲ 1.2%
                    </span>
                   </li>
                  </ul>
                  <hr style="border: 0; border-top: 1px solid #e0e0e0; margin: 18px 0;"/>
                  <p style="font-weight: bold; font-size: 15px; margin-bottom: 10px; color: #0073e6;">
                   One more thing before you scroll:
                  </p>
                  <p style="margin-top: 0; margin-bottom: 10px; color: #333333;">
                   Entrepreneur+ is 33% off right now. If you’re serious about building something, you’ll find everything you need here.
                  </p>
                  <p style="margin-top: 0; margin-bottom: 0;">
                   <a data-hs-link-id="0" data-hs-link-id-v2="UCehsP86" style="color:#0073e6; text-decoration:none; font-weight:bold" target="_blank">
                    Claim 33% off →
                   </a>
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                       <a data-hs-link-id="0" data-hs-link-id-v2="7lVjx+PP" rel="noopener" style="text-decoration:none; font-weight:bold; color:#000000" target="_blank">
                        This Investor Only Backs Startups Under One Grueling Condition
                       </a>
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                  </span>
                 </h2>
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                 <p style="line-height:150%">
                  <span style="font-weight: bold;">
                   A prominent investor
                  </span>
                  says he will only back startups whose staff members are in the office six days a week. Anything less than that is a recipe for failure in the AI era, he says.
                 </p>
                 <p style="line-height:150%">
                 </p>
                 <p style="line-height:150%">
                  Jason Lemkin, a longtime software investor, laid out his new standard on a recent episode of
                  <a data-hs-link-id="0" data-hs-link-id-v2="+BE6Ao3K" style="color:#2563eb" target="_blank">
                   the 20VC podcast
                  </a>
                  . He said he is not interested in companies that treat the office as optional.
                 </p>
                 <p style="line-height:150%">
                 </p>
                 <p style="line-height:150%">
                  “I want small, high-paid teams that work in the office over six days a week,” he said on the podcast. “I’m not interested in investing in anything else — I’m just not interested.
                  <span style="font-weight: bold; background-color: #ffff04;">
                   And it’s not because I don’t have empathy; it’s because they’re going to fail.”
                  </span>
                 </p>
                 <p style="line-height:150%">
                 </p>
                 <p style="line-height:150%">
                  The bar is high. In Lemkin’s view, startups that treat in-person work as the default mode of work will move faster and outcompete rivals that rely on hybrid or remote arrangements. Lemkin acknowledged that remote work proved viable during the pandemic. But he also added that the window for that model of work is closing as AI
                  <a data-hs-link-id="0" data-hs-link-id-v2="P9U9e/Zd" style="color:#2563eb" target="_blank">
                   raises the bar for output.
                  </a>
                 </p>
                 <p style="line-height:150%">
                 </p>
                 <p style="line-height:150%">
                  “The companies we want to invest in, and this is a very narrow set of the universe, they’re not hiring folks that want to work 20 hours a week from home,” Lemkin said.
                 </p>
                 <ul style="line-height:150%">
                 </ul>
                </div>
               </div>
              </td>
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                   Bloom Nutrition
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                  began as a supplements brand. Then it got into beverages, and everything changed.
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                  In 2025,
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                   Bloom Nutrition
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                  moved more than 155 million beverages. Its Sparkling Energy line went from zero to eight figures in six months, surpassed $100 million in sales in its first year, and now drives 60% of total company sales. It’s now the number two energy brand on Amazon’s best-seller list.
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                   Greg LaVecchia
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                  invented something new. In fact, LaVecchia, Bloom’s founder, will tell you plainly: “I don’t think there’s a ton of original ideas left.” That’s why he’s built a systematic approach to entering markets that already exist and are proven — then finding the white space that first movers missed, and out-executing them.
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                   He calls it the Second Mover Advantage.
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                  It’s what drives his product strategy at Bloom, and it led directly to his company-redefining energy drink line.
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                  “When I see a saturated space, I think that someone has already done so much education for me,” LaVecchia says. “When you are launching a new idea to a total addressable market, so much of your marketing has to go towards educating the consumer.”
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                     Microsoft Lays Off
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                    4,800 in Companywide Cuts
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                      Blue Collar Small Businesses
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                    Don’t.
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                         Reach out to someone in your network with no agenda.
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                        Send a quick message, check in over coffee or congratulate them on a recent win. The strongest business relationships are built before you need a favor, an introduction or an opportunity.
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                        Founders often approach networking as something to do when they are raising capital or pursuing growth. The most valuable relationships rarely work that way.
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                         One of the most important lessons
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                        is this: build relationships before you need them. Strong professional networks are built through years of collaboration, mutual respect and shared experiences. They are established long before there is an immediate need and long before there is an ask attached to them.
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