Announcing Park Rangers Capital Fund I: Our $4.3M Debut Fund

Hi everyone, big news today! 🐘

I’m excited to finally share that Park Rangers Capital quietly closed our first fund earlier this year: a $4.3M debut fund backed by 130 LPs.

We were also featured in Fortune’s Term Sheet Next this morning, which still feels surreal.

If you want to support the announcement (reposts/comments help a ton):

• LinkedIn

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• Instagram

Thank you. This community has been with me since the beginning, and your engagement really helps amplify the story. Ok, now onto the good stuff:

⌛️ How We Got Here

A little backstory for those who've been following this journey:

I wrote the Elephants, Not Unicorns essay two years ago as a way to sort my own thinking and find like-minded believers

It unexpectedly went viral and turned into an investing thesis… then a brand… and now a fund.

Along the way, our essays have crossed 1M+ views (and counting), and a real movement has formed around them.

At PRC, we believe capital, content, and conviction compound together. Distribution is the moat, and we’re building our own every day.

Fund I already includes early standouts like Superpower, Clay, Beehiiv, plus nine other startups still in stealth. We’re very actively sourcing more.

I’m incredibly grateful for the founders and LPs who’ve believed in me from day one. Two quotes from the article that meant the world:

Backing and collaborating with great founders is the best job in the world. I'm obsessed with it.

Now we go build, support our founders, make our LPs real money, and prove what this contrarian model can do. Let’s go! 🐘💪

Keep Climbing,
Erica & the PRC Team