Bloomberg Talks Don Trump Jr. and Omeed Malik Talk Grab a Gun SPAC, Crypto
Jul 15, 2025
Donald Trump Jr., Executive VP of the Trump Organization, joins Omeed Malik, founder of 1789 Capital, to discuss their intriguing SPAC deal with Grab-a-Gun. They delve into the motivations behind this venture, rooted in conservative values amidst a landscape of ESG and DEI initiatives. The conversation shifts to the controversial online gun sales market and its regulatory challenges, followed by a look at investment opportunities in a contrarian economy. They also touch on the future of crypto and the legislative changes that could shape America's financial landscape.
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Finance Pushback Against ESG
- ESG and DEI mandates caused private companies to avoid financing certain industries like guns and fossil fuels.
- Grab a Gun's SPAC is a financial strategy to support the Second Amendment and serve an underserved market.
Gun Buying Online Explained
- Grab a Gun sales still require background checks at licensed dealers for physical gun pickup.
- The platform makes buying guns more comfortable, especially for first-time and female buyers.
Serving Underserved Conservative Markets
- Many conservative consumers felt excluded by debanking, deinsurance, and depoliticization due to political correctness.
- Catering to these groups offers solid business opportunities within the parallel economy.