# 1789 Capital **Type:** Venture Capital Fund **Status:** Active **Founded:** Unknown **Key People:** Donald Trump Jr. (Managing Partner) ## Overview 1789 Capital is a venture capital firm that invested in Polymarket. The fund is managed by Donald Trump Jr., creating a conflict of interest when the Trump administration filed lawsuits against three states to assert federal jurisdiction over prediction markets in April 2026. ## Timeline - **2026-04-02** — Disclosed as investor in Polymarket, creating political controversy as Trump administration simultaneously sues states to protect prediction market platforms ## Significance The fund's investment in Polymarket while Donald Trump Jr.'s father's administration actively litigates to protect prediction market platforms from state regulation represents a direct financial conflict of interest that undermines the political legitimacy of federal preemption efforts, regardless of legal merit.