The firm, 1789 Capital, invests in products and companies aimed at conservative audiences.
The eldest son of President-elect Donald J. Trump will not be a member of his father’s administration — he is joining a venture capital firm.
Donald Trump Jr. told a crowd of a few hundred donors on Sunday that he was joining 1789 Capital, a firm whose investments include Tucker Carlson’s media company. Mr. Trump was speaking at a conference held by the Rockbridge Network, a network, co-founded by Vice President-elect JD Vance, of tech-friendly Republican donors who are supportive of Mr. Trump.
Chris Buskirk, the leader of Rockbridge, asked the younger Mr. Trump on Sunday evening if he had plans to join his father’s administration. He responded that he would be joining as a partner at 1789 Capital, according to two people with knowledge of his remarks.
The firm focuses on investing in companies and products popular with conservative audiences. Its other partners and backers, in addition to Mr. Buskirk, include the investor Omeed Malik, along with Rebekah Mercer, a prominent Republican donor, both of whom were at Rockbridge’s event in Las Vegas this week.
Mr. Buskirk was interviewing Mr. Trump as part of a fireside chat at the fall meeting of the Rockbridge group — the session was titled “Inaugurating the Next American Golden Age.”
Mr. Trump has a business background as a longtime real estate executive at the Trump Organization. He has recently also displayed an interest in the crypto industry, and he has emerged as a liaison between his father and the tech community. He also was an investor in PublicSquare, an online marketplace for conservatives.
Mr. Trump will most likely still play some role in his father’s political operation. He has said he wants to make sure that his father is surrounded by true loyalists during his second administration.
Source: Elections - nytimes.com
