Donald Trump Jr. Joins Forces with 1789 Capital: A Conservative Venture
Donald Trump Jr., the eldest son of the former President, joins 1789 Capital, a venture capital firm investing in conservative companies. As a partner, Trump Jr. will assist in investments and fundraising efforts. The firm aims to support companies promoting a conservative worldview, amidst increasing criticism of perceived left-wing bias in tech and media.
Donald Trump Jr., the son of former President Donald Trump, has taken on a new role as partner at 1789 Capital—a venture capital firm dedicated to investing in companies with a conservative slant. The move underscores continuing connections between the Trump family and the business world that aligns with their political values.
Based in Palm Beach, Florida, 1789 Capital is valued at roughly $150 million and has influential figures such as entrepreneur Chris Buskirk and financier Omeed Malik in its corner. The firm focuses on what they term a 'parallel economy,' investing in ventures that emphasize a conservative worldview, standing in contrast to the perceived liberal bias in mainstream tech and media industries.
According to sources, Trump Jr. will not be joining the impending Trump administration but will remain active in political circles through his podcast and Republican campaign efforts. This move not only reflects a broader trend among conservatives seeking safe investments but also strengthens the synergy between conservative political and economic spheres.
(With inputs from agencies.)