RE-0423 Fund I, a series of Earthling Ventures, LP

The absence of prior EDGAR history combined with a 06b exemption (no public solicitation) signals this manager is relying entirely on pre-existing LP relationships to build the fund, which typically reflects either a spin-out team drawing on prior firm networks or a manager intentionally keeping raises small and relationship-based rather than pursuing broad institutional distribution.

A mid-2026 filing timing in a venture market still digesting 2025 capital allocation shifts indicates either opportunistic window-filling from LPs with committed dry powder or a deliberate decision to avoid crowded fundraising windows—worth understanding which based on the manager's prior fund cycle experience.

Before committing, verify whether the two named GPs have disclosed prior fund management experience and co-investment obligations, confirm whether this filing will be updated with a material offering size or remains a placeholder, and clarify the GP-LP economic split and any key-man definitions given the manager's lack of institutional track record on file.