1789 Capital

1789 Capital is a venture capital firm based in Palm Beach, Florida, co-founded by Christopher Buskirk, Omeed Malik, and Rebekah Mercer. The firm focuses on investing in companies that align with conservative values, including those in the cryptocurrency sector. It positions itself as an anti-ESG investment firm, promoting 'patriotic capitalism' and aiming to create a 'parallel economy' of conservative businesses. The firm's investments span various sectors, including technology, healthcare, defense, media, and financial services. 1789 Capital has been involved in funding companies such as BlinkRX, a digital pharmacy, and has shown interest in sectors like defense technology and reindustrialization. The firm has also been associated with the Rockbridge Network, an organization co-founded by Buskirk and Vice President-Elect JD Vance, which aims to build new institutions to increase American security and prosperity. 1789 Capital has attracted attention for its ties to the Trump administration, with Donald Trump Jr. joining as a partner in November 2024. This association has raised discussions about potential conflicts of interest, especially considering the firm's investments in companies that could benefit from federal policies. Despite these discussions, 1789 Capital continues to focus on its mission of promoting conservative values through its investment strategies.

In September 2025, 1789 Capital reported assets under management totaling approximately $861 million, reflecting significant growth since its inception. The firm's investment strategy emphasizes sectors that resonate with conservative principles, including defense, artificial intelligence, and technology. This approach has led to investments in companies like SpaceX, Neuralink, Juul, and Perplexity AI. The firm's concept of 'patriotic capitalism' promotes a pro-Trump economic agenda and rejects ESG principles. However, ethics experts have flagged potential conflicts of interest due to Don Jr.'s involvement and the firm's alignment with federal policy decisions that may benefit its portfolio.

1789 Capital's mission and investment philosophy have attracted both support and criticism. Supporters view the firm as a champion of conservative values in the investment landscape, while critics raise concerns about the implications of its political affiliations and the potential for conflicts of interest. Despite these debates, 1789 Capital remains a significant player in the venture capital space, continuing to invest in companies that align with its conservative investment thesis.