1789 Capital

1789 Capital is an American venture capital firm based in Palm Beach, Florida.[1] The company focuses on products and companies associated with conservative values, and positions itself as an anti-ESG investment firm.[2][3]

History

The firm was founded in 2022 by members of Rockbridge Network, including investment banker Omeed Malik, heiress Rebekah Mercer, and entrepreneur Chris Buskirk, as a result of the 2022 Rockbridge Summit.[4] They chose the number 1789 to reflect the year the U.S. Bill of Rights was adopted.[5][6][7]

In 2023, it made its first investment into the new media company led by Tucker Carlson and Neil Patel.[8]

Shortly after the 2024 United States presidential election, Donald Trump Jr. announced that he would be joining as a partner at 1789 Capital instead of joining his father, Donald Trump, in a government position.[9]

Investments

Le Monde described 1789 Capital as "dedicated to 'anti-woke' companies".[10] Malik has stated that the firm is only interested in companies that represent "entrepreneurship, innovation and growth", or "EIG", which he says means companies that have "no ESG or DEI components in them whatsoever."[7] Previous iterations of the site said that the company would also focus on "Deglobalization" and "Replication/Parellel Economy".[11]

Investments by 1789 Capital include digital pharmacy BlinkRX, Enhanced Games, defense company Firehawk,[7] online firearms company GrabAGun,[12] Happy Dad hard seltzer,[13] cryptocurrency platform Polymarket,[13] Substack,[7] and the Tucker Carlson Network.[7] Malik has also said that the firm invests in "almost all of Elon Musk's companies",[7] including XAI[7] and SpaceX.[14]

Members

The firm was founded by Chris Buskirk, Omeed Malik, and Rebekah Mercer. Malik serves as president. Buskirk is listed as CIO. Jordan Cohen is listed as partner and COO. Other partners include Paul Abrahimzadeh, Andy Nasser, Donald Trump Jr., and Joe Voboril.[15]

Venture capitalist Blake Masters was previously listed as a member of the Board of Advisors,[16] but has since been removed from the website.

See also

References

  1. ^ McLean, Bethany. "'A flashing red light': how Donald Trump Jr. is cashing in on his dad's presidency". Business Insider. Retrieved July 7, 2025.
  2. ^ Ulmer, Alexandra (November 12, 2024). "Trump son Don Jr joining venture capital firm 1789 Capital, sources say". Reuters.
  3. ^ Hammond, George (November 11, 2024). "Donald Trump Jr sits out new administration to join VC firm". Financial Times.
  4. ^ Ulmer, Alexandra; Roston, Aram (August 21, 2024). "Tech donor network co-founded by JD Vance seeks to push America to the right". Reuters. Retrieved July 7, 2025.
  5. ^ Murray, Conor. "Conservatives Are Spending Millions To Build A 'Parallel Economy' Of Anti-Woke Businesses". Forbes.
  6. ^ Betts, Anna. "Donald Trump Jr to join venture capital firm rather than father's administration". The Guardian. Retrieved November 12, 2024.
  7. ^ a b c d e f g Foldi, Matthew (February 25, 2025). "INTERVIEW: Omeed Malik on the MAGA/MAHA partnership that's reshaping American politics, and the "secret meeting at Mar-a-Lago" that made it happen". Washington Reporter. Archived from the original on March 19, 2025. Retrieved July 7, 2025.
  8. ^ Hagey, Keach (October 17, 2023). "Tucker Carlson's Media Company Secures Investment Led by New Anti-Woke' Firm 1789 Capital". The Wall Street Journal.
  9. ^ "Donald Trump Jr. Is Joining a Venture Capital Firm". The New York Times. November 11, 2024.
  10. ^ "Donald Trump Jr finances the Enhanced Games, a proposed competition where doping is allowed". Le Monde. February 15, 2025. Retrieved February 20, 2025.
  11. ^ "Home". 1789 Capital. Archived from the original on January 20, 2024. Retrieved July 7, 2025.
  12. ^ "Interview: Omeed Malik Explains Importance of Shareholder Vote to Take GrabAGun Public". IPO Edge. Retrieved July 7, 2025.
  13. ^ a b Tan, Gillian; Burton, Katherine (March 10, 2025). "Donald Trump Jr. Has Big Plans for Monetizing MAGA". Bloomberg.
  14. ^ Pollard, Amelia (March 13, 2025). "'My word is my bond': the world of deal mandates". Financial Times. Retrieved July 7, 2025.
  15. ^ "Team". 1789 Capital. Archived from the original on June 20, 2025. Retrieved July 7, 2025.
  16. ^ "Meet the Team". 1789 Capital. Archived from the original on October 17, 2023. Retrieved July 7, 2025.
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