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muriel_volestrangler

(105,671 posts)

4. 4 "1789 Capital"-backed companies have got $735 million of government contracts this year - Jr. is "very involved"

Reply to Yo_Mama_Been_Loggin (Original post)

Thu Dec 11, 2025, 03:53 PM

Dec 11

It’s far from the first time Don Jr. has reaped the benefits of his daddy’s presidency. Vulcan is backed by the 1789 fund, where Trump Jr. sits on the board. Four of the companies in the 1789 fund’s portfolio have been awarded government contracts just this year, to the tune of more than $735 million overall, according to the FT.

According to Trump Jr., he plays a big role in where the fund spends its money: In February, he told the FT that he was “very involved in the strategic decisions regarding where to invest our resources” at 1789.

And just a few months ago, it was reported that the Pentagon awarded a contract to an obscure drone company—where Trump Jr. happened to be an adviser, with a multimillion-dollar stake, since November 2024.

https://newrepublic.com/post/203954/trump-jr-backed-company-pentagon-contract

Kaching! But Hunter Biden had a dick pic on his laptop ...

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Highlight:

Snopes - DOD gave $620M loan to startup backed by Donald Trump Jr.'s venture capital firm [View all] Yo_Mama_Been_Loggin Dec 11 OP

Shouldn't loan be in quotations lame54 Dec 11 #1

A "loan" and a "contract" are two different things AZJonnie Dec 11 #2

Their little adventure popsdenver Dec 11 #14

It used to be a firm needed to show proof of product and have history. TheBlackAdder Dec 11 #3

4 "1789 Capital"-backed companies have got $735 million of government contracts this year - Jr. is "very involved" muriel_volestrangler Dec 11 #4

WTF? malaise Dec 11 #5

With everyone, fired, with the wealthy, gifted, Zackzzzz Dec 11 #6

wait, according to dear leader magnets can be defeated with water! Javaman Dec 11 #7

I think that was batteries radical noodle Dec 11 #10

No. He thinks magnets don't work when they get wet. Wiz Imp Dec 11 #12

How did I miss that? radical noodle Dec 11 #16

Trump honestly believes popsdenver Dec 11 #15

I was getting ready to mention how water melts magnets just like the Wicked Witch KS Toronado Dec 11 #13

Don Jr. said it wasn't for cocaine. twodogsbarking Dec 11 #8

How long before the Wikipedia entry for 1789 is 'sanitized' ? eppur_se_muova Dec 11 #9

Good catch - this will all be rewritten I'm sure FakeNoose Dec 11 #11