Deploying Fund I

We have two exciting updates to share about Park Rangers Capital to kick off 2025… we’ve been deploying capital into the most exciting companies AND we launched a few items of merch for supporters of our movement. More on these 2 updates below.

🔎 Looking for Elephants 

We’re actively deploying capital & looking for early stage startups to write checks into. As a reminder, these are the types of companies we like to back:

• Stage: preseed & seed, $20M post valuation & under

• Type of company: elephant company ethos (community-driven, purpose-driven, founder building in public)

  • See our poster on our merch page, which further clarifies how we like our founders to talk about their company (aka it should seem like they’re building a “good cult”)

  • Unique traits we look for in elephant founders: serial founders (they typically understand distribution > product), community builders at their core (have a podcast, started a conference, host a book club), very contrarian, and most importantly… they’re deeply customer obsessive

• Elephant company examples:

  • Larger companies we’re excited about (for pattern matching): Whatnot, Canva, Notion, Github, Discord, Replit, etc.

  • Smaller companies we’ve backed (for pattern matching): Superpower, Beehiiv, The Juggernaut, Carry, etc.

• Please send us deals at keepclimbing@parkrangerscap.com! We can’t wait to meet you and any amazing founder friends you’re supporting.

👕 Merch Drop

We launched three pieces of merch in our merch shop to represent the vision behind our fund I and give our community ways to publicly share their support.

1. Hat: The front of the hat has our signature “Elephants, Not Unicorns” saying with a thought-provoking question “What are you building?”. We were inspired by this Caviar Cowboy hat!

2. Hoodie: On the back of the hoodie, we printed a large text block from our foundational essay (further explaining what the next decade of investing will look like) paired with the same thought-provoking question as the hat to spark conversation when you’re in line at a coffee shop, working at your desk in your startup’s office, at a conference meeting new people, etc. We were inspired by this Mayfair Group hoodie!

3. Poster: This is a simple visual representation of how we see unicorns and elephants being very different (and many of the traits/messaging we look for when we invest). We wanted to create an inspiring poster for philosophically-aligned Park Rangers Capital supporters to hang in their office, home, etc. It’s also a great buy for studios, accelerators, university entrepreneurship clubs, etc who want to show founders there’s many ways to build.