So hyped for @TheBillRom and team!
BOOTSTRAPPED BASEBALL LIFESTYLE 101 TAKES FIRST PE CHECK
Baseball Lifestyle 101 has taken a strategic minority investment from e-commerce PE firm Digital Fuel Capital. Terms weren't disclosed, and The Sage Group advised the brand.
Josh Shapiro started BL101 as an Instagram account at age 15. It did ~$1M a year through 2022, then 5m in 2023 and grew to $40M in 2024 and $138M in 2025.
Co-founder Bill Rom says the brand is on track for $220M this year. It got there on revenue-based financing and a credit line, selling through 750+ Dick's doors and 11 of its own stores.
The brand is Digital Fuel's second consumer deal of 2026, after its June jewelry platform. Digital Fuel plans to use BL101 as a platform to buy fandom brands in other sports.
Everyone has the right to spend what they want but the normalization of elaborate weddings is bad. I do wish these simple weddings were the norm rather than the outlier
My hot take...
There is absolutely no reason why you should spend more than $5,000 on a wedding if you’re making less than $1M+ a year.
I literally got married in a parking lot wearing a $150 dress from Anthropologie with roses from the grocery store… and I was worth a few 8 figures.
The modern wedding is nothing more than a huge financial cosplay we’ve normalized for pure performance sake.
Games marketing is broken. After raising over $50M to support and work with hundreds of studios over the last 6 years, I find that the biggest problem is studios’ lack of direct connection with their players.
Over the last six years, I’ve watched talented teams struggle because they never had a clear way to reach, learn from, and grow with players over time. Without that connection, everything becomes harder - validation, iteration, community growth, and retention all turn into guesswork.
For most of the games industry’s history, platforms have controlled identity, communication, and distribution, which are invaluable to a game’s success.
Apple limited how studios could collect and use player contact information outside the App Store, and Steam still doesn’t give studios access to the contact details of players who wishlist or sign up for playtests.
Studios are left without a direct relationship with the audience they’re trying to serve.
As a result, studios rely on fragmented tools and spreadsheets to manage players across different stages of development and live operations, with no continuity from first contact through long-term engagement.
Today, that changes with the launch of FirstLook 1.0.
FirstLook is the first Player Relationship Platform built specifically for games. It gives studios everything they need to connect with players across the full lifecycle, including playtests and feedback, community and communications, analytics, rewards, and creator programs, all in one place.
We’ve been building under the radar, but FirstLook already powers hundreds of studios, from indies to publishers like Krafton, @ArenaNet, and @Skybound, connecting millions of players with the developers who make the games they love.
As part of the launch, we’re introducing a brand new limited time free plan, with access to all our features for up to 500 players. You can set this up now in under 10 minutes. If you want to learn more, book a demo and we guarantee that you will save you time and money and help you grow. Links in comments!
Ray Li retweeted
FULL INTERVIEW | @rayxli
From panic attacks to 8-figures: this is the story of @senestudio (your favorite CEO's favorite suit).
0:26 - AI-powered before AI was cool...
4:11 - 2 months left: Kickstarter hail mary
9:54 - From Zuck to NBA players
14:34 - Team, tech, what's next
Ray Li retweeted
The Great AppLovin Debate | Ad vs. Ad | @Rayxli, CEO of @senestudio Joins (2.16.26)
nitter.gq/i/broadcasts/1rmxPvvAl…
Ray Li retweeted
Young business people
Dont ever hire a person who won't engage you openly and answer hard questions. They'll blame YOU when THEY fail
Ray Li retweeted
Being in ecomm I come across soooo many cool brands. One of my fav right now is @senestudio. I ordered a size less Cumulus heavy weight tee. The custom make the shirt for until it fits perfectly. Took three tries but it was worth it. Fits soooooo good and the quality is top notch.
Looking fresh @colindougherty
I need your help.
In less than a year, all staff wear Sene at a top luxury car brand and a three-star Michelin restaurant.
This was all accidental, these were in-bound request that came out of the blue.
I need your help to find a Wholesale & Uniform Sales lead.
We’re looking for an experienced & highly driven person to build and scale this channel. If you know someone with deep experience in fashion wholesale and established retailer connections, we want to talk to that person.
Rare to have great convos with apparel founders. Loved chatting with @TheBillRom - he's building an incredible brand at @Team_BL101.
I had a call with @rayxli yesterday and I realized I definitely dont talk about content strategy enough.


















