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Company

1789 Capital

1789 Capital is a venture capital firm backing conservative-aligned technology, media, and consumer startups, with Donald Trump Jr. as a partner.

Known aliases

  • 1789

Current stories

investConfirmed7 publishers

Nous Research bets its $90 million Series B on companies paying for controls around free Hermes code

Nous Research raised $90 million at a $1.5 billion valuation to sell its open-source Hermes agent to corporate IT departments. The money pays for single sign-on and audit controls, so the price depends on companies paying for features around code anyone may copy.

Perspective Coverage

8 publishers
Builder
Builder 29%
Operator
Operator 29%
Investor
Investor 42%

Reality

Evidence62
Adoption55
Hype gap+25
Incentives60
Confidence65
investConfirmed5 publishers

Polymarket's $1 billion round, including a $300 million 1789 Capital cheque, reprices it by $6 billion

1789 Capital's new money works out to about 1.4 percent of Polymarket at the $21 billion mark, roughly a fifteenth of what ICE holds, and the change the disclosed record shows since April is jurisdictional rather than financial.

Perspective Coverage

5 publishers
Builder
Builder 9%
Operator
Operator 34%
Investor
Investor 57%

Reality

Evidence62
Adoption45
Hype gap+20
Incentives72
Confidence60
investConfirmed4 publishers

Polymarket's $6bn markup is six times the cash the round brings in

Polymarket has hired Warren Jenson, formerly finance chief at Amazon, Delta Air Lines and Nielsen, to set capital strategy for a business now marked at about $21bn with no revenue figure attached to it.

Perspective Coverage

4 publishers
Builder
Builder 8%
Operator
Operator 41%
Investor
Investor 51%

Reality

Evidence62
Adoption55
Hype gap+35
Incentives65
Confidence60