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[td][/td] [td]'''1789 Capital''' '''Management, LLC''' is an American [[venture capital]] firm based in [[Palm Beach, Florida]].<ref name=":4">{{Cite web |last=McLean |first=Bethany |title='A flashing red light': how Donald Trump Jr. is cashing in on his dad's presidency |url=https://www.businessinsider.com/donald-trump-jr-making-money-trump-presidency-1789-capital-2025-5 |access-date=2025-07-07 |website=Business Insider |language=en-US}}</ref><ref>{{Cite web |date=2025-01-15 |title=SEC FORM D |url=https://www.sec.gov/Archives/edgar/data/2048587/000204858725000001/xslFormDX01/primary_doc.xml |url-status=live |archive-url=https://web.archive.org/web/2025071...00204858725000001/xslFormDX01/primary_doc.xml |archive-date=2025-07-17 |access-date=2025-07-17 |website=www.sec.gov}}</ref> The company focuses on products and companies associated with [[Conservatism in the United States|conservative]] values, and positions itself as an anti-[[ESG Investing|ESG investment]] firm.<ref>{{Cite news |last=Ulmer |first=Alexandra |date=2024-11-12 |title=Trump son Don Jr joining venture capital firm 1789 Capital, sources say |url=https://www.reuters.com/world/us/tr...tal-firm-1789-capital-sources-say-2024-11-12/ |publisher=Reuters}}</ref><ref>{{Cite news |last=Hammond |first=George |date=2024-11-11 |title=Donald Trump Jr sits out new administration to join VC firm |url=https://www.ft.com/content/3314a209-ad61-459e-bee8-08d94a70e833 |work=Financial Times}}</ref>[/td]
[td]'''1789 Capital''' '''Management, LLC''' is an American [[venture capital]] firm based in [[Palm Beach, Florida]].<ref name=":4">{{Cite web |last=McLean |first=Bethany |title='A flashing red light': how Donald Trump Jr. is cashing in on his dad's presidency |url=https://www.businessinsider.com/donald-trump-jr-making-money-trump-presidency-1789-capital-2025-5 |access-date=2025-07-07 |website=Business Insider |language=en-US}}</ref><ref>{{Cite web |date=2025-01-15 |title=SEC FORM D |url=https://www.sec.gov/Archives/edgar/data/2048587/000204858725000001/xslFormDX01/primary_doc.xml |url-status=live |archive-url=https://web.archive.org/web/2025071...00204858725000001/xslFormDX01/primary_doc.xml |archive-date=2025-07-17 |access-date=2025-07-17 |website=www.sec.gov}}</ref> The company focuses on products and companies associated with [[Conservatism in the United States|conservative]] values, and positions itself as an anti-[[ESG Investing|ESG investment]] firm.<ref>{{Cite news |last=Ulmer |first=Alexandra |date=2024-11-12 |title=Trump son Don Jr joining venture capital firm 1789 Capital, sources say |url=https://www.reuters.com/world/us/tr...tal-firm-1789-capital-sources-say-2024-11-12/ |access-date=2025-09-04 |work=Reuters |publisher=}}</ref><ref>{{Cite news |last=Hammond |first=George |date=2024-11-11 |title=Donald Trump Jr sits out new administration to join VC firm |url=https://www.ft.com/content/3314a209-ad61-459e-bee8-08d94a70e833 |url-access=subscription |access-date=2025-09-04 |work=Financial Times}}</ref>[/td] [td][/td]
[td][/td] [td]== History ==[/td]
[td]== History ==[/td] [td]1789 Capital was founded on October 3, 2022.<ref name=":10">{{Cite document |date=2025-06-19 |title=Application by foreign limited liability company for authorization to transact business in Florida |publisher=Florida Division of Corporations}}</ref> The founders were members of [[Rockbridge Network]], including investment banker [[Omeed Malik]], heiress [[Rebekah Mercer]], and entrepreneur Chris Buskirk. They created the firm as a result of the 2022 Rockbridge Summit.<ref>{{Cite news |last=Ulmer |first=Alexandra |last2=Roston |first2=Aram |date=2024-08-21 |title=Tech donor network co-founded by JD Vance seeks to push America to the right |url=https://www.reuters.com/world/us/te...jd-vance-seeks-push-america-right-2024-08-20/ |url-status= |archive-url= |archive-date= |access-date=2025-07-07 |work=Reuters |language=en}}</ref> [[Blake Masters]] was also involved in the initial conversation, according to ''[[Bloomberg News|Bloomberg]]''.<ref name=":1">{{Cite web |last=Tan |first=Gillian |last2=Burton |first2=Katherine |date=2025-03-10 |title=Donald Trump Jr. Has Big Plans for Monetizing MAGA |url=https://www.bloomberg.com/news/feat...789-capital-have-big-plans-for-maga-investing |url-access=subscription |access-date=2025-09-03 |website=Bloomberg}}</ref> The group chose the number 1789 to reflect the year the [[United States Bill of Rights|U.S. Bill of Rights]] was adopted.<ref>{{Cite web |last=Murray |first=Conor |title=Conservatives Are Spending Millions To Build A 'Parallel Economy' Of Anti-Woke Businesses |url=https://www.forbes.com/sites/conorm...d-a-parallel-economy-of-anti-woke-businesses/ |website=Forbes}}</ref><ref>{{cite web |last1=Betts |first1=Anna |title=Donald Trump Jr to join venture capital firm rather than fatherβs administration |url=https://www.theguardian.com/us-news/2024/nov/12/donald-trump-jr-1789-capital |access-date=12 November 2024 |publisher=The Guardian}}</ref><ref name=":0">{{Cite news |last=Foldi |first=Matthew |date=2025-02-25 |title=INTERVIEW: Omeed Malik on the MAGA/MAHA partnership thatβs reshaping American politics, and the βsecret meeting at Mar-a-Lagoβ that made it happen |url=https://washingtonreporter.news/p/interview-omeed-malik-on-the-magamaha |url-status=live |archive-url=https://web.archive.org/web/2025031....news/p/interview-omeed-malik-on-the-magamaha |archive-date=2025-03-19 |access-date=2025-07-07 |work=Washington Reporter |language=en}}</ref>[/td]
[td]1789 Capital was founded on October 3, 2022.<ref name=":10">{{Cite document |date=2025-06-19 |title=Application by foreign limited liability company for authorization to transact business in Florida |publisher=Florida Division of Corporations}}</ref> The founders were members of [[Rockbridge Network]], including investment banker [[Omeed Malik]], heiress [[Rebekah Mercer]], and entrepreneur Chris Buskirk. They created the firm as a result of the 2022 Rockbridge Summit.<ref>{{Cite news |last=Ulmer |first=Alexandra |last2=Roston |first2=Aram |date=2024-08-21 |title=Tech donor network co-founded by JD Vance seeks to push America to the right |url=https://www.reuters.com/world/us/te...jd-vance-seeks-push-america-right-2024-08-20/ |url-status= |archive-url= |archive-date= |access-date=2025-07-07 |work=Reuters |language=en}}</ref> [[Blake Masters]] was also involved in the initial conversation, according to ''[[Bloomberg News|Bloomberg]]''.<ref name=":1">{{Cite web |last=Tan |first=Gillian |last2=Burton |first2=Katherine |date=2025-03-10 |title=Donald Trump Jr. Has Big Plans for Monetizing MAGA |url=https://www.bloomberg.com/news/feat...789-capital-have-big-plans-for-maga-investing |url-access=subscription |access-date=2025-09-03 |website=Bloomberg}}</ref> The group chose the number 1789 to reflect the year the [[United States Bill of Rights|U.S. Bill of Rights]] was adopted.<ref>{{Cite web |last=Murray |first=Conor |title=Conservatives Are Spending Millions To Build A 'Parallel Economy' Of Anti-Woke Businesses |url=https://www.forbes.com/sites/conorm...d-a-parallel-economy-of-anti-woke-businesses/ |access-date=2025-09-04 |website=Forbes}}</ref><ref>{{cite web |last1=Betts |first1=Anna |date=2024-11-12 |title=Donald Trump Jr to join venture capital firm rather than fatherβs administration |url=https://www.theguardian.com/us-news/2024/nov/12/donald-trump-jr-1789-capital |access-date=12 November 2024 |publisher=The Guardian}}</ref><ref name=":0">{{Cite news |last=Foldi |first=Matthew |date=2025-02-25 |title=INTERVIEW: Omeed Malik on the MAGA/MAHA partnership thatβs reshaping American politics, and the βsecret meeting at Mar-a-Lagoβ that made it happen |url=https://washingtonreporter.news/p/interview-omeed-malik-on-the-magamaha |url-status=live |archive-url=https://web.archive.org/web/2025031....news/p/interview-omeed-malik-on-the-magamaha |archive-date=2025-03-19 |access-date=2025-07-07 |work=Washington Reporter |language=en}}</ref>[/td] [td][/td]
[td][/td] [td]The firm was originally registered in [[Delaware]]. {{As of|2025|September}}, it is still registered there, but has its main office in Palm Beach, Florida, and conducts business in the state, with the [[Tallahassee, Florida|Tallahassee]] branch of the [[Corporation Service Company]] as their [[registered agent]]. There is also an office in [[Scottsdale, Arizona]].<ref name=":10" /><ref name=":11">{{Citation |last=Malik |first=Omeed |title=Form ADV |date=2025-07-29 |url=https://reports.adviserinfo.sec.gov/reports/ADV/335007/PDF/335007.pdf |access-date=2025-09-03 |archive-url=https://web.archive.org/web/2025090...nfo.sec.gov/reports/ADV/335007/PDF/335007.pdf |archive-date=2025-09-04 |archive-format=PDF |publisher=SEC |format=PDF}}</ref>[/td]
[td]The firm was originally registered in [[Delaware]]. {{As of|2025|September}}, it is still registered there, but has its main office in Palm Beach, Florida, and conducts business in the state, with the [[Tallahassee, Florida|Tallahassee]] branch of the [[Corporation Service Company]] as their [[registered agent]]. There is also an office in [[Scottsdale, Arizona]].<ref name=":10" /><ref name=":11">{{Citation |last=Malik |first=Omeed |title=Form ADV |date=2025-07-29 |url=https://reports.adviserinfo.sec.gov/reports/ADV/335007/PDF/335007.pdf |access-date=2025-09-03 |archive-url=https://web.archive.org/web/2025090...nfo.sec.gov/reports/ADV/335007/PDF/335007.pdf |archive-date=2025-09-04 |archive-format=PDF |publisher=SEC |format=PDF}}</ref>[/td] [td][/td]
[td][/td] [td]The firm made its first investment into [[Tucker Carlson]] and [[Neil Patel (political advisor)|Neil Patel]]'s new media company in 2023.<ref name=":12"> {{Cite web |last=Hagey |first=Keach |date=2023-10-17 |title=Tucker Carlson's Media Company Secures Investment Led by New Anti-Woke' Firm 1789 Capital |url=https://www.wsj.com/business/media/...d-by-new-anti-woke-firm-1789-capital-a47d20dd |website=The Wall Street Journal}}</ref> Shortly after [[Donald Trump]] won the [[2024 United States presidential election]], Trump's son [[Donald Trump Jr.]] announced that he would be joining as a partner at 1789 Capital instead of joining his father in a government position.<ref name=":6"> {{Cite web |date=2024-11-11 |title=Donald Trump Jr. Is Joining a Venture Capital Firm |url=https://www.nytimes.com/2024/11/11/us/donald-trump-jr-firm.html |website=The New York Times}}</ref><ref name=":13">{{Cite web |last=Massa |first=Annie |date=2025-09-03 |title=1789 Capital Holds Talks for $1 Billion Real Estate Fund |url=https://www.bloomberg.com/news/arti...-to-hold-talks-for-1-billion-real-estate-fund |url-access=subscription |access-date=2025-09-03 |website=Bloomberg |language=en}}</ref> {{As of|2025|September|url=https://1789capital.vc/}}, the main page for the 1789 Capital website says "Funding the Next Chapter of American Exceptionalism".<ref name=":7">{{Cite news |last=Saini |first=Manya |last2=Saini |first2=Manya |date=2025-08-26 |title=Polymarket secures investment from Trump Jr-backed 1789 Capital |url=https://www.reuters.com/business/po...ment-trump-jr-backed-1789-capital-2025-08-26/ |access-date=2025-08-27 |work=Reuters |language=en}}</ref>{{Efn|See also: [[American exceptionalism]]}}[/td]
[td]The firm made its first investment into [[Tucker Carlson]] and [[Neil Patel (political advisor)|Neil Patel]]'s new media company in 2023.<ref name=":12"> {{Cite web |last=Hagey |first=Keach |date=2023-10-17 |title=Tucker Carlson's Media Company Secures Investment Led by New Anti-Woke' Firm 1789 Capital |url=https://www.wsj.com/business/media/...d-by-new-anti-woke-firm-1789-capital-a47d20dd |url-access=subscription |access-date=2025-09-04 |website=The Wall Street Journal}}</ref> Shortly after [[Donald Trump]] won the [[2024 United States presidential election]], Trump's son [[Donald Trump Jr.]] announced that he would be joining as a partner at 1789 Capital instead of joining his father in a government position.<ref name=":6"> {{Cite web |last=Schleifer |first=Theodore |date=2024-11-11 |title=Donald Trump Jr. Is Joining a Venture Capital Firm |url=https://www.nytimes.com/2024/11/11/us/donald-trump-jr-firm.html |url-access=registration |access-date=2025-09-04 |website=The New York Times}}</ref><ref name=":13">{{Cite web |last=Massa |first=Annie |date=2025-09-03 |title=1789 Capital Holds Talks for $1 Billion Real Estate Fund |url=https://www.bloomberg.com/news/arti...-to-hold-talks-for-1-billion-real-estate-fund |url-access=subscription |access-date=2025-09-03 |website=Bloomberg |language=en}}</ref> {{As of|2025|September|url=https://1789capital.vc/}}, the main page for the 1789 Capital website says "Funding the Next Chapter of American Exceptionalism".<ref name=":7">{{Cite news |last=Saini |first=Manya |last2=Saini |first2=Manya |date=2025-08-26 |title=Polymarket secures investment from Trump Jr-backed 1789 Capital |url=https://www.reuters.com/business/po...ment-trump-jr-backed-1789-capital-2025-08-26/ |access-date=2025-08-27 |work=Reuters |language=en}}</ref>{{Efn|See also: [[American exceptionalism]]}}[/td] [td][/td]
[td][/td] [td]In September 2025, the company reported its assets amounted to USD$861,247,283.<ref name=":11" />[/td]
[td]In September 2025, the company reported its assets amounted to USD$861,247,283.<ref name=":11" />[/td] [td]* financial technology company [[Plaid Inc.]];<ref name=":3" />[/td]
[td]* financial technology company [[Plaid Inc.]];<ref name=":3" />[/td] [td]* cryptocurrency prediction market platform [[Polymarket]];<ref name=":7" /><ref name=":9">{{Cite web |last=Primack |first=Dan |date=2025-08-26 |title=Scoop: Donald Trump Jr.'s VC firm bets on Polymarket |url=https://www.axios.com/2025/08/26/trump-jr-vc-fund-polymarket |access-date=2025-08-27 |website=Axios |language=en}}</ref><ref>{{Cite web |date=2025-09-03 |title=Polymarket authorized for U.S. return days after Donald Trump Jr. joins as advisor |url=https://www.morningstar.com/news/ma...n-days-after-donald-trump-jr-joins-as-advisor |access-date=2025-09-04 |website=Morningstar, Inc. |language=en}}</ref>[/td]
[td]* cryptocurrency prediction market platform [[Polymarket]];<ref name=":7" /><ref name=":9">{{Cite web |last=Primack |first=Dan |date=2025-08-26 |title=Scoop: Donald Trump Jr.'s VC firm bets on Polymarket |url=https://www.axios.com/2025/08/26/trump-jr-vc-fund-polymarket |access-date=2025-08-27 |website=Axios |language=en}}</ref><ref>{{Cite web |date=2025-09-03 |title=Polymarket authorized for U.S. return days after Donald Trump Jr. joins as advisor |url=https://www.morningstar.com/news/ma...n-days-after-donald-trump-jr-joins-as-advisor |access-date=2025-09-04 |website=Morningstar, Inc. |language=en}}</ref>[/td] [td]* online newsletter site [[Substack]];<ref name=":0" /><ref>{{Cite web |last=Fischer |first=Sara |date=2024-11-12 |title=Newsletter platform Substack raises new funding |url=https://www.axios.com/2024/11/12/substack-new-funding |url-status=live |archive-url=https://web.archive.org/web/20250624163440/https://www.axios.com/2024/11/12/substack-new-funding |archive-date=2025-06-24 |access-date=2025-07-19 |website=Axios |language=en}}</ref> and[/td]
[td]* online newsletter site [[Substack]];<ref name=":0" /><ref>{{Cite web |last=Fischer |first=Sara |date=2024-11-12 |title=Newsletter platform Substack raises new funding |url=https://www.axios.com/2024/11/12/substack-new-funding |url-access=registration |url-status=live |archive-url=https://web.archive.org/web/20250624163440/https://www.axios.com/2024/11/12/substack-new-funding |archive-date=2025-06-24 |access-date=2025-07-19 |website=Axios |language=en}}</ref> and[/td] [td]* Last Country Inc., which runs the website for the [[Tucker Carlson Network]].<ref name=":0" /><ref>{{Cite web |last=Morris |first=Chris |title=Tucker Carlsonβs online media company just raised $15 million in seed capital |url=https://fortune.com/2023/10/17/tucker-carlson-media-company-funding-1789-15-million-seed-capital/ |access-date=2025-08-28 |website=Fortune |language=en}}</ref><ref>{{Cite news |last=Sainato |first=Michael |date=2023-12-11 |title=Tucker Carlson to launch his own $72-a-year subscription streaming service |url=https://www.theguardian.com/us-news...arlson-network-subscription-streaming-service |access-date=2025-07-26 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref>[/td]
[td]* Last Country Inc., which runs the website for the [[Tucker Carlson Network]].<ref name=":0" /><ref>{{Cite web |last=Morris |first=Chris |title=Tucker Carlsonβs online media company just raised $15 million in seed capital |url=https://fortune.com/2023/10/17/tucker-carlson-media-company-funding-1789-15-million-seed-capital/ |access-date=2025-08-28 |website=Fortune |language=en}}</ref><ref>{{Cite news |last=Sainato |first=Michael |date=2023-12-11 |title=Tucker Carlson to launch his own $72-a-year subscription streaming service |url=https://www.theguardian.com/us-news...arlson-network-subscription-streaming-service |access-date=2025-07-26 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref>[/td] [td][/td]
[td][/td] [td]The firm also invests in "almost all of [[Elon Musk]]'s companies",<ref name=":0" /> including [[Neuralink]], [[Twitter|X]] (formerly Twitter), [[XAI (company)|xAI]], and [[SpaceX]],<ref name=":0" /><ref name=":3" /><ref>{{Cite web |last= |first= |date=2025-03-20 |title=Musk's X Secures $1 Billion Investment, Maintains Original $44 Billion Valuation |url=https://www.riotimesonline.com/musk...ment-maintains-original-44-billion-valuation/ |access-date=2025-07-19 |website=The Rio Times |language=en-US}}</ref><ref>{{Cite news |last=Pollard |first=Amelia |date=2025-03-13 |title=βMy word is my bondβ: the world of deal mandates |url=https://www.ft.com/content/5136d6a1-31a0-490a-82fd-188fd740ee61 |access-date=2025-07-07 |work=Financial Times}}</ref><ref>{{Cite web |last=Akintaro |first=Samson |date=2025-03-20 |title=Elon Muskβs X raises $1 billion in new equity funding at $32 billion valuation |url=https://nairametrics.com/2025/03/20...n-new-equity-funding-at-32-billion-valuation/ |access-date=2025-07-26 |website=Nairametrics |language=en-US}}</ref> and signalled their intent to continue backing Musk's companies despite a [[TrumpβMusk feud|public feud]] between Musk and Donald Trump.<ref>{{Cite web |title=Donald Trump Jr, Omeed Malik Still 'Long On Elon' After Feud |url=https://www.ndtv.com/world-news/don...lon-despite-presidents-feud-with-musk-8884841 |access-date=2025-07-19 |website=NDTV |language=en}}</ref>[/td]
[td]The firm also invests in "almost all of [[Elon Musk]]'s companies",<ref name=":0" /> including [[Neuralink]], [[Twitter|X]] (formerly Twitter), [[XAI (company)|xAI]], and [[SpaceX]],<ref name=":0" /><ref name=":3" /><ref>{{Cite web |last= |first= |date=2025-03-20 |title=Musk's X Secures $1 Billion Investment, Maintains Original $44 Billion Valuation |url=https://www.riotimesonline.com/musk...ment-maintains-original-44-billion-valuation/ |access-date=2025-07-19 |website=The Rio Times |language=en-US}}</ref><ref>{{Cite news |last=Pollard |first=Amelia |date=2025-03-13 |title=βMy word is my bondβ: the world of deal mandates |url=https://www.ft.com/content/5136d6a1-31a0-490a-82fd-188fd740ee61 |url-access=subscription |access-date=2025-07-07 |work=Financial Times}}</ref><ref>{{Cite web |last=Akintaro |first=Samson |date=2025-03-20 |title=Elon Muskβs X raises $1 billion in new equity funding at $32 billion valuation |url=https://nairametrics.com/2025/03/20...n-new-equity-funding-at-32-billion-valuation/ |access-date=2025-07-26 |website=Nairametrics |language=en-US}}</ref> and signalled their intent to continue backing Musk's companies despite a [[TrumpβMusk feud|public feud]] between Musk and Donald Trump.<ref>{{Cite web |title=Donald Trump Jr, Omeed Malik Still 'Long On Elon' After Feud |url=https://www.ndtv.com/world-news/don...lon-despite-presidents-feud-with-musk-8884841 |access-date=2025-07-19 |website=NDTV |language=en}}</ref>[/td] [td][/td]
[td][/td] [td]1789 Capital invested in GrabAGun, an online firearms retailer which Malik has called "the [[Amazon (company)|Amazon]] of guns",<ref name=":2" /> partly because the company aligns with 1789 Capital's values.<ref name=":3" /> In an interview with ''IPO Edge'', Malik said,<ref name=":2" />[/td]
[td]1789 Capital invested in GrabAGun, an online firearms retailer which Malik has called "the [[Amazon (company)|Amazon]] of guns",<ref name=":2" /> partly because the company aligns with 1789 Capital's values.<ref name=":3" /> In an interview with ''IPO Edge'', Malik said,<ref name=":2" />[/td]
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[td][/td] [td]'''1789 Capital''' '''Management, LLC''' is an American [[venture capital]] firm based in [[Palm Beach, Florida]].<ref name=":4">{{Cite web |last=McLean |first=Bethany |title='A flashing red light': how Donald Trump Jr. is cashing in on his dad's presidency |url=https://www.businessinsider.com/donald-trump-jr-making-money-trump-presidency-1789-capital-2025-5 |access-date=2025-07-07 |website=Business Insider |language=en-US}}</ref><ref>{{Cite web |date=2025-01-15 |title=SEC FORM D |url=https://www.sec.gov/Archives/edgar/data/2048587/000204858725000001/xslFormDX01/primary_doc.xml |url-status=live |archive-url=https://web.archive.org/web/2025071...00204858725000001/xslFormDX01/primary_doc.xml |archive-date=2025-07-17 |access-date=2025-07-17 |website=www.sec.gov}}</ref> The company focuses on products and companies associated with [[Conservatism in the United States|conservative]] values, and positions itself as an anti-[[ESG Investing|ESG investment]] firm.<ref>{{Cite news |last=Ulmer |first=Alexandra |date=2024-11-12 |title=Trump son Don Jr joining venture capital firm 1789 Capital, sources say |url=https://www.reuters.com/world/us/tr...tal-firm-1789-capital-sources-say-2024-11-12/ |publisher=Reuters}}</ref><ref>{{Cite news |last=Hammond |first=George |date=2024-11-11 |title=Donald Trump Jr sits out new administration to join VC firm |url=https://www.ft.com/content/3314a209-ad61-459e-bee8-08d94a70e833 |work=Financial Times}}</ref>[/td]
[td]'''1789 Capital''' '''Management, LLC''' is an American [[venture capital]] firm based in [[Palm Beach, Florida]].<ref name=":4">{{Cite web |last=McLean |first=Bethany |title='A flashing red light': how Donald Trump Jr. is cashing in on his dad's presidency |url=https://www.businessinsider.com/donald-trump-jr-making-money-trump-presidency-1789-capital-2025-5 |access-date=2025-07-07 |website=Business Insider |language=en-US}}</ref><ref>{{Cite web |date=2025-01-15 |title=SEC FORM D |url=https://www.sec.gov/Archives/edgar/data/2048587/000204858725000001/xslFormDX01/primary_doc.xml |url-status=live |archive-url=https://web.archive.org/web/2025071...00204858725000001/xslFormDX01/primary_doc.xml |archive-date=2025-07-17 |access-date=2025-07-17 |website=www.sec.gov}}</ref> The company focuses on products and companies associated with [[Conservatism in the United States|conservative]] values, and positions itself as an anti-[[ESG Investing|ESG investment]] firm.<ref>{{Cite news |last=Ulmer |first=Alexandra |date=2024-11-12 |title=Trump son Don Jr joining venture capital firm 1789 Capital, sources say |url=https://www.reuters.com/world/us/tr...tal-firm-1789-capital-sources-say-2024-11-12/ |access-date=2025-09-04 |work=Reuters |publisher=}}</ref><ref>{{Cite news |last=Hammond |first=George |date=2024-11-11 |title=Donald Trump Jr sits out new administration to join VC firm |url=https://www.ft.com/content/3314a209-ad61-459e-bee8-08d94a70e833 |url-access=subscription |access-date=2025-09-04 |work=Financial Times}}</ref>[/td] [td][/td]
[td][/td] [td]== History ==[/td]
[td]== History ==[/td] [td]1789 Capital was founded on October 3, 2022.<ref name=":10">{{Cite document |date=2025-06-19 |title=Application by foreign limited liability company for authorization to transact business in Florida |publisher=Florida Division of Corporations}}</ref> The founders were members of [[Rockbridge Network]], including investment banker [[Omeed Malik]], heiress [[Rebekah Mercer]], and entrepreneur Chris Buskirk. They created the firm as a result of the 2022 Rockbridge Summit.<ref>{{Cite news |last=Ulmer |first=Alexandra |last2=Roston |first2=Aram |date=2024-08-21 |title=Tech donor network co-founded by JD Vance seeks to push America to the right |url=https://www.reuters.com/world/us/te...jd-vance-seeks-push-america-right-2024-08-20/ |url-status= |archive-url= |archive-date= |access-date=2025-07-07 |work=Reuters |language=en}}</ref> [[Blake Masters]] was also involved in the initial conversation, according to ''[[Bloomberg News|Bloomberg]]''.<ref name=":1">{{Cite web |last=Tan |first=Gillian |last2=Burton |first2=Katherine |date=2025-03-10 |title=Donald Trump Jr. Has Big Plans for Monetizing MAGA |url=https://www.bloomberg.com/news/feat...789-capital-have-big-plans-for-maga-investing |url-access=subscription |access-date=2025-09-03 |website=Bloomberg}}</ref> The group chose the number 1789 to reflect the year the [[United States Bill of Rights|U.S. Bill of Rights]] was adopted.<ref>{{Cite web |last=Murray |first=Conor |title=Conservatives Are Spending Millions To Build A 'Parallel Economy' Of Anti-Woke Businesses |url=https://www.forbes.com/sites/conorm...d-a-parallel-economy-of-anti-woke-businesses/ |website=Forbes}}</ref><ref>{{cite web |last1=Betts |first1=Anna |title=Donald Trump Jr to join venture capital firm rather than fatherβs administration |url=https://www.theguardian.com/us-news/2024/nov/12/donald-trump-jr-1789-capital |access-date=12 November 2024 |publisher=The Guardian}}</ref><ref name=":0">{{Cite news |last=Foldi |first=Matthew |date=2025-02-25 |title=INTERVIEW: Omeed Malik on the MAGA/MAHA partnership thatβs reshaping American politics, and the βsecret meeting at Mar-a-Lagoβ that made it happen |url=https://washingtonreporter.news/p/interview-omeed-malik-on-the-magamaha |url-status=live |archive-url=https://web.archive.org/web/2025031....news/p/interview-omeed-malik-on-the-magamaha |archive-date=2025-03-19 |access-date=2025-07-07 |work=Washington Reporter |language=en}}</ref>[/td]
[td]1789 Capital was founded on October 3, 2022.<ref name=":10">{{Cite document |date=2025-06-19 |title=Application by foreign limited liability company for authorization to transact business in Florida |publisher=Florida Division of Corporations}}</ref> The founders were members of [[Rockbridge Network]], including investment banker [[Omeed Malik]], heiress [[Rebekah Mercer]], and entrepreneur Chris Buskirk. They created the firm as a result of the 2022 Rockbridge Summit.<ref>{{Cite news |last=Ulmer |first=Alexandra |last2=Roston |first2=Aram |date=2024-08-21 |title=Tech donor network co-founded by JD Vance seeks to push America to the right |url=https://www.reuters.com/world/us/te...jd-vance-seeks-push-america-right-2024-08-20/ |url-status= |archive-url= |archive-date= |access-date=2025-07-07 |work=Reuters |language=en}}</ref> [[Blake Masters]] was also involved in the initial conversation, according to ''[[Bloomberg News|Bloomberg]]''.<ref name=":1">{{Cite web |last=Tan |first=Gillian |last2=Burton |first2=Katherine |date=2025-03-10 |title=Donald Trump Jr. Has Big Plans for Monetizing MAGA |url=https://www.bloomberg.com/news/feat...789-capital-have-big-plans-for-maga-investing |url-access=subscription |access-date=2025-09-03 |website=Bloomberg}}</ref> The group chose the number 1789 to reflect the year the [[United States Bill of Rights|U.S. Bill of Rights]] was adopted.<ref>{{Cite web |last=Murray |first=Conor |title=Conservatives Are Spending Millions To Build A 'Parallel Economy' Of Anti-Woke Businesses |url=https://www.forbes.com/sites/conorm...d-a-parallel-economy-of-anti-woke-businesses/ |access-date=2025-09-04 |website=Forbes}}</ref><ref>{{cite web |last1=Betts |first1=Anna |date=2024-11-12 |title=Donald Trump Jr to join venture capital firm rather than fatherβs administration |url=https://www.theguardian.com/us-news/2024/nov/12/donald-trump-jr-1789-capital |access-date=12 November 2024 |publisher=The Guardian}}</ref><ref name=":0">{{Cite news |last=Foldi |first=Matthew |date=2025-02-25 |title=INTERVIEW: Omeed Malik on the MAGA/MAHA partnership thatβs reshaping American politics, and the βsecret meeting at Mar-a-Lagoβ that made it happen |url=https://washingtonreporter.news/p/interview-omeed-malik-on-the-magamaha |url-status=live |archive-url=https://web.archive.org/web/2025031....news/p/interview-omeed-malik-on-the-magamaha |archive-date=2025-03-19 |access-date=2025-07-07 |work=Washington Reporter |language=en}}</ref>[/td] [td][/td]
[td][/td] [td]The firm was originally registered in [[Delaware]]. {{As of|2025|September}}, it is still registered there, but has its main office in Palm Beach, Florida, and conducts business in the state, with the [[Tallahassee, Florida|Tallahassee]] branch of the [[Corporation Service Company]] as their [[registered agent]]. There is also an office in [[Scottsdale, Arizona]].<ref name=":10" /><ref name=":11">{{Citation |last=Malik |first=Omeed |title=Form ADV |date=2025-07-29 |url=https://reports.adviserinfo.sec.gov/reports/ADV/335007/PDF/335007.pdf |access-date=2025-09-03 |archive-url=https://web.archive.org/web/2025090...nfo.sec.gov/reports/ADV/335007/PDF/335007.pdf |archive-date=2025-09-04 |archive-format=PDF |publisher=SEC |format=PDF}}</ref>[/td]
[td]The firm was originally registered in [[Delaware]]. {{As of|2025|September}}, it is still registered there, but has its main office in Palm Beach, Florida, and conducts business in the state, with the [[Tallahassee, Florida|Tallahassee]] branch of the [[Corporation Service Company]] as their [[registered agent]]. There is also an office in [[Scottsdale, Arizona]].<ref name=":10" /><ref name=":11">{{Citation |last=Malik |first=Omeed |title=Form ADV |date=2025-07-29 |url=https://reports.adviserinfo.sec.gov/reports/ADV/335007/PDF/335007.pdf |access-date=2025-09-03 |archive-url=https://web.archive.org/web/2025090...nfo.sec.gov/reports/ADV/335007/PDF/335007.pdf |archive-date=2025-09-04 |archive-format=PDF |publisher=SEC |format=PDF}}</ref>[/td] [td][/td]
[td][/td] [td]The firm made its first investment into [[Tucker Carlson]] and [[Neil Patel (political advisor)|Neil Patel]]'s new media company in 2023.<ref name=":12"> {{Cite web |last=Hagey |first=Keach |date=2023-10-17 |title=Tucker Carlson's Media Company Secures Investment Led by New Anti-Woke' Firm 1789 Capital |url=https://www.wsj.com/business/media/...d-by-new-anti-woke-firm-1789-capital-a47d20dd |website=The Wall Street Journal}}</ref> Shortly after [[Donald Trump]] won the [[2024 United States presidential election]], Trump's son [[Donald Trump Jr.]] announced that he would be joining as a partner at 1789 Capital instead of joining his father in a government position.<ref name=":6"> {{Cite web |date=2024-11-11 |title=Donald Trump Jr. Is Joining a Venture Capital Firm |url=https://www.nytimes.com/2024/11/11/us/donald-trump-jr-firm.html |website=The New York Times}}</ref><ref name=":13">{{Cite web |last=Massa |first=Annie |date=2025-09-03 |title=1789 Capital Holds Talks for $1 Billion Real Estate Fund |url=https://www.bloomberg.com/news/arti...-to-hold-talks-for-1-billion-real-estate-fund |url-access=subscription |access-date=2025-09-03 |website=Bloomberg |language=en}}</ref> {{As of|2025|September|url=https://1789capital.vc/}}, the main page for the 1789 Capital website says "Funding the Next Chapter of American Exceptionalism".<ref name=":7">{{Cite news |last=Saini |first=Manya |last2=Saini |first2=Manya |date=2025-08-26 |title=Polymarket secures investment from Trump Jr-backed 1789 Capital |url=https://www.reuters.com/business/po...ment-trump-jr-backed-1789-capital-2025-08-26/ |access-date=2025-08-27 |work=Reuters |language=en}}</ref>{{Efn|See also: [[American exceptionalism]]}}[/td]
[td]The firm made its first investment into [[Tucker Carlson]] and [[Neil Patel (political advisor)|Neil Patel]]'s new media company in 2023.<ref name=":12"> {{Cite web |last=Hagey |first=Keach |date=2023-10-17 |title=Tucker Carlson's Media Company Secures Investment Led by New Anti-Woke' Firm 1789 Capital |url=https://www.wsj.com/business/media/...d-by-new-anti-woke-firm-1789-capital-a47d20dd |url-access=subscription |access-date=2025-09-04 |website=The Wall Street Journal}}</ref> Shortly after [[Donald Trump]] won the [[2024 United States presidential election]], Trump's son [[Donald Trump Jr.]] announced that he would be joining as a partner at 1789 Capital instead of joining his father in a government position.<ref name=":6"> {{Cite web |last=Schleifer |first=Theodore |date=2024-11-11 |title=Donald Trump Jr. Is Joining a Venture Capital Firm |url=https://www.nytimes.com/2024/11/11/us/donald-trump-jr-firm.html |url-access=registration |access-date=2025-09-04 |website=The New York Times}}</ref><ref name=":13">{{Cite web |last=Massa |first=Annie |date=2025-09-03 |title=1789 Capital Holds Talks for $1 Billion Real Estate Fund |url=https://www.bloomberg.com/news/arti...-to-hold-talks-for-1-billion-real-estate-fund |url-access=subscription |access-date=2025-09-03 |website=Bloomberg |language=en}}</ref> {{As of|2025|September|url=https://1789capital.vc/}}, the main page for the 1789 Capital website says "Funding the Next Chapter of American Exceptionalism".<ref name=":7">{{Cite news |last=Saini |first=Manya |last2=Saini |first2=Manya |date=2025-08-26 |title=Polymarket secures investment from Trump Jr-backed 1789 Capital |url=https://www.reuters.com/business/po...ment-trump-jr-backed-1789-capital-2025-08-26/ |access-date=2025-08-27 |work=Reuters |language=en}}</ref>{{Efn|See also: [[American exceptionalism]]}}[/td] [td][/td]
[td][/td] [td]In September 2025, the company reported its assets amounted to USD$861,247,283.<ref name=":11" />[/td]
[td]In September 2025, the company reported its assets amounted to USD$861,247,283.<ref name=":11" />[/td] [td]* financial technology company [[Plaid Inc.]];<ref name=":3" />[/td]
[td]* financial technology company [[Plaid Inc.]];<ref name=":3" />[/td] [td]* cryptocurrency prediction market platform [[Polymarket]];<ref name=":7" /><ref name=":9">{{Cite web |last=Primack |first=Dan |date=2025-08-26 |title=Scoop: Donald Trump Jr.'s VC firm bets on Polymarket |url=https://www.axios.com/2025/08/26/trump-jr-vc-fund-polymarket |access-date=2025-08-27 |website=Axios |language=en}}</ref><ref>{{Cite web |date=2025-09-03 |title=Polymarket authorized for U.S. return days after Donald Trump Jr. joins as advisor |url=https://www.morningstar.com/news/ma...n-days-after-donald-trump-jr-joins-as-advisor |access-date=2025-09-04 |website=Morningstar, Inc. |language=en}}</ref>[/td]
[td]* cryptocurrency prediction market platform [[Polymarket]];<ref name=":7" /><ref name=":9">{{Cite web |last=Primack |first=Dan |date=2025-08-26 |title=Scoop: Donald Trump Jr.'s VC firm bets on Polymarket |url=https://www.axios.com/2025/08/26/trump-jr-vc-fund-polymarket |access-date=2025-08-27 |website=Axios |language=en}}</ref><ref>{{Cite web |date=2025-09-03 |title=Polymarket authorized for U.S. return days after Donald Trump Jr. joins as advisor |url=https://www.morningstar.com/news/ma...n-days-after-donald-trump-jr-joins-as-advisor |access-date=2025-09-04 |website=Morningstar, Inc. |language=en}}</ref>[/td] [td]* online newsletter site [[Substack]];<ref name=":0" /><ref>{{Cite web |last=Fischer |first=Sara |date=2024-11-12 |title=Newsletter platform Substack raises new funding |url=https://www.axios.com/2024/11/12/substack-new-funding |url-status=live |archive-url=https://web.archive.org/web/20250624163440/https://www.axios.com/2024/11/12/substack-new-funding |archive-date=2025-06-24 |access-date=2025-07-19 |website=Axios |language=en}}</ref> and[/td]
[td]* online newsletter site [[Substack]];<ref name=":0" /><ref>{{Cite web |last=Fischer |first=Sara |date=2024-11-12 |title=Newsletter platform Substack raises new funding |url=https://www.axios.com/2024/11/12/substack-new-funding |url-access=registration |url-status=live |archive-url=https://web.archive.org/web/20250624163440/https://www.axios.com/2024/11/12/substack-new-funding |archive-date=2025-06-24 |access-date=2025-07-19 |website=Axios |language=en}}</ref> and[/td] [td]* Last Country Inc., which runs the website for the [[Tucker Carlson Network]].<ref name=":0" /><ref>{{Cite web |last=Morris |first=Chris |title=Tucker Carlsonβs online media company just raised $15 million in seed capital |url=https://fortune.com/2023/10/17/tucker-carlson-media-company-funding-1789-15-million-seed-capital/ |access-date=2025-08-28 |website=Fortune |language=en}}</ref><ref>{{Cite news |last=Sainato |first=Michael |date=2023-12-11 |title=Tucker Carlson to launch his own $72-a-year subscription streaming service |url=https://www.theguardian.com/us-news...arlson-network-subscription-streaming-service |access-date=2025-07-26 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref>[/td]
[td]* Last Country Inc., which runs the website for the [[Tucker Carlson Network]].<ref name=":0" /><ref>{{Cite web |last=Morris |first=Chris |title=Tucker Carlsonβs online media company just raised $15 million in seed capital |url=https://fortune.com/2023/10/17/tucker-carlson-media-company-funding-1789-15-million-seed-capital/ |access-date=2025-08-28 |website=Fortune |language=en}}</ref><ref>{{Cite news |last=Sainato |first=Michael |date=2023-12-11 |title=Tucker Carlson to launch his own $72-a-year subscription streaming service |url=https://www.theguardian.com/us-news...arlson-network-subscription-streaming-service |access-date=2025-07-26 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref>[/td] [td][/td]
[td][/td] [td]The firm also invests in "almost all of [[Elon Musk]]'s companies",<ref name=":0" /> including [[Neuralink]], [[Twitter|X]] (formerly Twitter), [[XAI (company)|xAI]], and [[SpaceX]],<ref name=":0" /><ref name=":3" /><ref>{{Cite web |last= |first= |date=2025-03-20 |title=Musk's X Secures $1 Billion Investment, Maintains Original $44 Billion Valuation |url=https://www.riotimesonline.com/musk...ment-maintains-original-44-billion-valuation/ |access-date=2025-07-19 |website=The Rio Times |language=en-US}}</ref><ref>{{Cite news |last=Pollard |first=Amelia |date=2025-03-13 |title=βMy word is my bondβ: the world of deal mandates |url=https://www.ft.com/content/5136d6a1-31a0-490a-82fd-188fd740ee61 |access-date=2025-07-07 |work=Financial Times}}</ref><ref>{{Cite web |last=Akintaro |first=Samson |date=2025-03-20 |title=Elon Muskβs X raises $1 billion in new equity funding at $32 billion valuation |url=https://nairametrics.com/2025/03/20...n-new-equity-funding-at-32-billion-valuation/ |access-date=2025-07-26 |website=Nairametrics |language=en-US}}</ref> and signalled their intent to continue backing Musk's companies despite a [[TrumpβMusk feud|public feud]] between Musk and Donald Trump.<ref>{{Cite web |title=Donald Trump Jr, Omeed Malik Still 'Long On Elon' After Feud |url=https://www.ndtv.com/world-news/don...lon-despite-presidents-feud-with-musk-8884841 |access-date=2025-07-19 |website=NDTV |language=en}}</ref>[/td]
[td]The firm also invests in "almost all of [[Elon Musk]]'s companies",<ref name=":0" /> including [[Neuralink]], [[Twitter|X]] (formerly Twitter), [[XAI (company)|xAI]], and [[SpaceX]],<ref name=":0" /><ref name=":3" /><ref>{{Cite web |last= |first= |date=2025-03-20 |title=Musk's X Secures $1 Billion Investment, Maintains Original $44 Billion Valuation |url=https://www.riotimesonline.com/musk...ment-maintains-original-44-billion-valuation/ |access-date=2025-07-19 |website=The Rio Times |language=en-US}}</ref><ref>{{Cite news |last=Pollard |first=Amelia |date=2025-03-13 |title=βMy word is my bondβ: the world of deal mandates |url=https://www.ft.com/content/5136d6a1-31a0-490a-82fd-188fd740ee61 |url-access=subscription |access-date=2025-07-07 |work=Financial Times}}</ref><ref>{{Cite web |last=Akintaro |first=Samson |date=2025-03-20 |title=Elon Muskβs X raises $1 billion in new equity funding at $32 billion valuation |url=https://nairametrics.com/2025/03/20...n-new-equity-funding-at-32-billion-valuation/ |access-date=2025-07-26 |website=Nairametrics |language=en-US}}</ref> and signalled their intent to continue backing Musk's companies despite a [[TrumpβMusk feud|public feud]] between Musk and Donald Trump.<ref>{{Cite web |title=Donald Trump Jr, Omeed Malik Still 'Long On Elon' After Feud |url=https://www.ndtv.com/world-news/don...lon-despite-presidents-feud-with-musk-8884841 |access-date=2025-07-19 |website=NDTV |language=en}}</ref>[/td] [td][/td]
[td][/td] [td]1789 Capital invested in GrabAGun, an online firearms retailer which Malik has called "the [[Amazon (company)|Amazon]] of guns",<ref name=":2" /> partly because the company aligns with 1789 Capital's values.<ref name=":3" /> In an interview with ''IPO Edge'', Malik said,<ref name=":2" />[/td]
[td]1789 Capital invested in GrabAGun, an online firearms retailer which Malik has called "the [[Amazon (company)|Amazon]] of guns",<ref name=":2" /> partly because the company aligns with 1789 Capital's values.<ref name=":3" /> In an interview with ''IPO Edge'', Malik said,<ref name=":2" />[/td]
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