★ Private Action
Donald Trump Jr. joins venture firm 1789 Capital
Filed November 2024
★ The Brief
What happened
On November 10, 2024, days after his father's election, Donald Trump Jr. announced he would join 1789 Capital as a partner; the conservative-focused venture firm, backed by Rebekah Mercer and Omeed Malik, counts Tucker Carlson's media company among its holdings.
Who enabled it
Who benefits
Deal or steal?
Within a year the firm placed Trump Jr. on the advisory board of prediction-market platform Polymarket, weeks after federal investigations into the company were dropped, turning his new partnership into a stake in a business directly shaped by his father's administration.
★ Cast your vote
Donald Trump Jr. announced at the Rockbridge Network's fall conference in Las Vegas on November 10, 2024, that he would be joining 1789 Capital as a partner. 1789 Capital is a venture capital firm focused on companies and products popular with conservative audiences; its portfolio includes Tucker Carlson's media company. Other partners and backers of the firm include investor Omeed Malik and prominent Republican donor Rebekah Mercer. The announcement came in response to a question from Rockbridge Network leader Chris Buskirk about whether Trump Jr. would join his father's incoming administration.
Further reading
- ★ Private ActionApril 2025Trump Jr. and Witkoff sons launch $500K-per-member DC club
- ★ Private ActionAugust 20251789 Capital invests in Polymarket, places partner Trump Jr. on board
- ★ Private ActionMay 2026Trump sons anchor Dominari's $1B American Ventures portfolio
- ★ Government ActionApril 2026U.S. Air Force orders drones from Trump-tied Dominari portfolio firm
- ★ Private ActionJanuary 2025Kalshi names Trump Jr. strategic advisor week before father's inauguration
- ★ Private ActionJune 2026Trump banked $2.2 billion in year one, mostly from crypto he regulates