Online retailer GrabAGun had a 2.23% upswing Friday morning following a rocky start — falling 23% on day one — with its NYSE trading debut Wednesday. But board member Donald Trump Jr. says it won’t deter 1789 Capital, the VC firm he joined last November, from continuing to invest in businesses he believes is vital to the future of the US.
“A lot of the things that we’ve done over the last few years [have come] out of necessity,” Trump Jr., who is projected to own around 300,000 shares in GrabAGun, told NYNext this week. “We saw the affront on not just ourselves and our family businesses, but on so many Americans — and we have that ability to push back.”
Donald Trump Jr. (center) joined 1789 Capital late last year and was front and center at the NYSE bell ringing Wednesday. Getty Images
“USA” chants rippled across the floor