Trump's son is negotiating to raise $3 billion at 1789 Capital

According to Bloomberg, investment firm 1789 Capital is negotiating to raise $3 billion for its second growth fund, planning to increase its larger-scale investments in startups. Donald Trump Jr. is a partner at the firm, with the information coming from informed sources.

The sources said that 1789 Capital has already raised $2 billion from existing investors. The fundraising is still ongoing, and the final amount may increase. The individuals requested anonymity due to the discussion of non-public information, and 1789 Capital declined to comment on the financing matters.