Donald Trump Jr. strengthens the startups related to the magician

Donald Trump Jr. strengthens the startups related to the magician

Since Donald Trump Jr. He joined the company VC 1789 Capital after his father won the election, he was busy with the ecosystem of Make America Great (Maga).

He sets up plants in the media, pharmaceuticals, weapons and cryptography, while pressing on the environment, social and management (ESG) and diversity, equality and integration (DEI), Financial Times Reported.

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VC has been co -founded by the donor of Trump Omeed Malik (who is also Suback supporter) and has support from Rebekah Mercer, a supporter of the Breitbart conservative information service. Conservative influential Charlie Kirk, right -wing radio personality Clay Travis and investor Marc Andreessen were also early supporters from 1789. According to Bloomberg.

The team from 1789, situated lower than two miles from Mar-a-Lago, is immersed in Trump World. Until now, the company has led a $ 15 million round for the recent Tucker Carlson company; He poured over $ 50 million on Elon Musk Xai and Spacex; According to Bloomberg, he invested in the company of drinks founded by right -wing YouTubers The Nelk Boys, and supported the police at the forecast site.

The company is reportedly looking for firms that might be purchased, in anticipation that President Trump will calm down some financial rules, Bloomberg said the source.

In total, 1789 raised $ 500 million alone after the inauguration day and hopes to raise at least $ 1 billion for its first fund until the middle of this yr, especially from equipment and pensions in republican states.

Elsewhere, according to Bloomberg and Financial Times, Trump Jr. He is a member of the board of three public firms, including a drone manufacturer, a conservative market and fintech. He is a member of the management board of Blinkrx, a portfolio company from 1789, which conducts drug delivery. He is an advisor to the Grabagun firearm seller, who said Malik that he and Trump Jr. They want to take the audience this yr. He is an advisor to one other market company, Kalshi, and with his brother Eric he is an investor in the biotechnology company Dominari Holdings.

Of course, he is also the only confidant of Trump Media & Technology Group, a mother company Truth Social.

Many were surprised that Trump Jr. He decided to go deeper into the world of the startup and investment after his father became the president again, Bloomberg informed, but from that point the movement became one other sign of deepening economic and social ties between power players in the Silicon Valley and the chapter.

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