1789 Capital investing in conservative companies - a new sector…

Team S · 2024-11-13T05:56:50.000Z

Donald Trump Jr., is joining venture capital firm 1789 Capital, which focuses on investing in conservative companies, according to three sources familiar with his plans. ----- Donald Trump Jr., the eldest son of former U.S. President Donald Trump, is joining a new venture capital firm called 1789 Capital as a general partner. The firm, which is set to launch soon, aims to invest in companies that align with conservative political values. 1789 Capital plans to raise around $100 million for its first fund and will focus on startups in various sectors, including artificial intelligence, financial technology, and energy. The firm's name is a reference to the year the U.S. Constitution was ratified. The venture capital firm's launch is seen as part of a broader trend of conservative-aligned investment vehicles emerging in recent years. Trump Jr.'s involvement in 1789 Capital marks his entry into the venture capital world, adding to his existing business activities, which include executive roles in the Trump Organization and political advocacy. https://www.reuters.com/world/us/trump-son-don-jr-joining-venture-capital-firm-1789-capital-sources-say-2024-11-12/

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1789 Capital investing in conservative companies - a new sector… | Newnex