Donald Trump Jr. Strengthens the Maga Startups

As Donald Trump, Jr., joined the VC 1789 Capital company after his father won the election, he is busy monetizing the Make American Great (Maga) ecosystem.

He bets on the media, pharmaceuticals, weapons and crypto, while insisting against the environment, social and governance (ESG) and diversity, justice and inclusion (DEI), financial times Reported.

The VC company is co -founded by the Trump Donor Omed Malik (which is also Supporter) and there is support from Rebecca Mercer, a supporter of the Breitbart conservative news site. Conservative influencing Charlie Kirk, right radio personality Clay Travis and investor Mark Andresen were also early supporters of 1789, According to BloombergS

The 1789 team, located less than two miles from Mar-A-Lago, is immersed in the Trump world. So far, the company has led a $ 15 million seed circle for Tucker Carlson’s new media company; has poured over $ 50 million in Elon Musk Xai and SpaceX companies; Invested in a beverage company founded by the right YouTubers the Nelk Boys and supported the PolyMarket forecasting site, according to Bloomberg.

The company is reported that the company is looking for companies to acquire, with the expectation of President Trump to allocate some rules for financial regulators, a source told Bloomberg.

Overall, 1789 raised only $ 500 million after taking office and hopes to raise at least $ 1 billion for its first fund by mid -year, especially from donations and pensions in Republican countries.

Elsewhere, according to Bloomberg and Financial Times, Trump Jr. is on the board of three publicly traded companies, including drone manufacturer, conservative market and Fintech. He is on the Blinkrx board, a 1789 portfolio company, which makes drug supplies. He is an adviser to the firing weapon merchant Grabagun, whom Malik said he and Trump, Jr., are striving to get to know each other this year. He is an adviser to another market forecasts company, Kalshi, and together with his brother Eric, he is an investor at the biotechnology company Dominari Holdings.

He is also, of course, the only guardian of Trump Media & Technology Group, the mother of Truth Social.

Many have been surprised that Trump Jr. has decided to go deep into the world of launch and investment after his father has become president again, Bloomberg reports, but since then this move has become another indication of the deepening economic and social ties between the power players in the silicone valley and the Capitol Valley and the Capitol.