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| Tucker Carlson |
Former Fox News primetime host Tucker Carlson scored a win this week as an "anti-woke" venture capital firm has agreed to invest millions of dollars in his budding media startup, according to The Epoch Times citing media reports.
Venture firm 1789 Capital, co-founded by Chris Buskirk and Omeed Malik, has invested $15 million in Carlson's media company, according to The Wall Street Journal.
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| Chris Buskirk |
Buskirk and Malik told the Journal that 1789 Capital sees investment opportunities in three key areas, including in what they described as the "parallel economy," where companies like Mr. Carlson's use existing business models to reach conservative-leaning consumers.
Another area of focus for 1789 is investing in companies that are bringing jobs back to the United States as part of the broader trend of deglobalization and reordering of supply chains.
The third is what Mr. Malik described as capital-seeking companies left out in the cold due to politicized investment decisions on the part of the collective "ESG cult."
ESG refers to the "Environmental, Social, and Governance" (ESG) framework that started out as soft guidelines but some experts say has turned into heavy-handed mandates that push controversial "social justice" ideologies and refuse to invest in startups that don't toe the "woke" line.
The goal of 1789, which is named for the year the Bill of Rights was written, is to get Carlson and Patel’s company to the point of showing a proof of concept for its online video-driven business model, so the pair can continue raising the hundreds of millions of dollars they are eventually targeting.
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