#Narya Capital

[odinsblog]

Vance has had a six-figure stake in Rumble, an online video platform. The company has played host to Russian propaganda and to far-right personalities like Stew Peters and Tim Pool. It has also featured even more extreme content, including explicitly neo-Nazi images and themes like this song touting the “Reich” and calling for Jews to be placed in ovens from a “dissident rapper” with a dedicated page on the site. The site features a plethora of channels and videos dedicated to the concept of “white genocide,” which is a core belief for white supremacists. It also hosts channels for explicitly white supremacist organizations including VDare and Patriot Front, which has led masked demonstrations around the country.

(continue reading)

[justinspoliticalcorner]

Hunter Walker at TPM:

Sen. J.D. Vance (R-OH) has been making headlines for his “rocky rollout” since being named former President Donald Trump’s running mate last month. The bad headlines and poll numbers have been driven by Vance’s extreme comments about “childless cat ladies,” abortion, and more. Well, along with extreme comments, Vance has some extreme investments. 

Vance has had a six-figure stake in Rumble, an online video platform. The company has played host to Russian propaganda and to far-right personalities like Stew Peters and Tim Pool. It has also featured even more extreme content, including explicitly neo-Nazi images and themes like this song touting the “Reich” and calling for Jews to be placed in ovens from a “dissident rapper” with a dedicated page on the site. The site features a plethora of channels and videos dedicated to the concept of “white genocide,” which is a core belief for white supremacists. It also hosts channels for explicitly white supremacist organizations including VDare and Patriot Front, which has led masked demonstrations around the country. 

A former Marine, Vance was elected in 2022 after a career as a bestselling author and venture capitalist. In both the financial world and as he rose in politics, Vance has been backed by the Silicon Valley investor and right-wing donor Peter Thiel. The pair co-founded a firm, Narya Capital, in 2020. In keeping with Thiel’s preferred styling, the company was named after a reference to the “Lord of the Rings” fantasy novels.  In 2021, Narya Capital made a major investment in Rumble. The investment, which made Narya one of Rumble’s top shareholders, also gave the firm a seat on Rumble’s board. Financial disclosures filed by Vance in conjunction with his Senate bid also show that he made a personal investment in Rumble that was valued between $100,000 and $250,000.  Rumble went public in 2022 following Narya’s investment. In a filing last year that was reported by CNBC, Narya indicated it planned to sell more than three million shares of Rumble. Narya’s initial investment in Rumble totaled over seven million shares. 

[...] Vance isn’t the only figure in Trumpworld who has financial ties to Rumble. Donald Trump Jr., the former president’s son, signed a seven-figure podcast deal with the company last year. Trump Jr. reportedly played a “pivotal role” in persuading his father to bring Vance onto the Republican presidential ticket. Trump Jr. did not respond to questions about the extremist content on Rumble and about whether his financial relationships influenced his support for Vance.

Trump VP pick J.D. Vance is an investor in Rumble, a far-right YouTube alternative that is filled with Neo-Nazis content, along with antisemitism, white nationalism, anti-LGBTQ+ extremism, and other bigotries.

[mariacallous]

Sen. J.D. Vance (R-OH) has been making headlines for his “rocky rollout” since being named former President Donald Trump’s running mate last month. The bad headlines and poll numbers have been driven by Vance’s extreme comments about “childless cat ladies,” abortion, and more. Well, along with extreme comments, Vance has some extreme investments. 

Vance has had a six-figure stake in Rumble, an online video platform. The company has played host to Russian propaganda and to far-right personalities like Stew Peters and Tim Pool. It has also featured even more extreme content, including explicitly neo-Nazi images and themes like this song touting the “Reich” and calling for Jews to be placed in ovens from a “dissident rapper” with a dedicated page on the site. The site features a plethora of channels and videos dedicated to the concept of “white genocide,” which is a core belief for white supremacists. It also hosts channels for explicitly white supremacist organizations including VDare and Patriot Front, which has led masked demonstrations around the country. 

A former Marine, Vance was elected in 2022 after a career as a bestselling author and venture capitalist. In both the financial world and as he rose in politics, Vance has been backed by the Silicon Valley investor and right-wing donor Peter Thiel. The pair co-founded a firm, Narya Capital, in 2020. In keeping with Thiel’s preferred styling, the company was named after a reference to the “Lord of the Rings” fantasy novels. 

In 2021, Narya Capital made a major investment in Rumble. The investment, which made Narya one of Rumble’s top shareholders, also gave the firm a seat on Rumble’s board. Financial disclosures filed by Vance in conjunction with his Senate bid also show that he made a personal investment in Rumble that was valued between $100,000 and $250,000. 

Rumble went public in 2022 following Narya’s investment. In a filing last year that was reported by CNBC, Narya indicated it planned to sell more than three million shares of Rumble. Narya’s initial investment in Rumble totaled over seven million shares. 

Vance has not yet filed required financial disclosures for last year. He sought an extension in April. His most recent disclosure, which covered 2022, showed the Rumble investment. 

The stake is notable because it represents a direct financial link between Vance and a key outlet for some of the most extreme elements of the far right. Vance’s stake in Rumble was the subject of a New York Times piece during his Senate race in 2022. That story focused on Rumble hosting the Kremlin-backed propaganda network RT, but gave less attention to the extensive hate speech on the site. 

A spokesperson for Rumble did not immediately respond to requests for comment on this story. A company representative responded to the prior Times story by saying the company is willing to host those who “hold politically unpopular views, so long as they comply with our content policies,” framing the issue as a matter of free speech. A spokesperson for Vance’s campaign told the paper “J.D. does not play an active role at Rumble, nor does he set Rumble’s content moderation policies” and noted his belief in “free speech rights online.”

Vance isn’t the only figure in Trumpworld who has financial ties to Rumble. Donald Trump Jr., the former president’s son, signed a seven-figure podcast deal with the company last year. Trump Jr. reportedly played a “pivotal role” in persuading his father to bring Vance onto the Republican presidential ticket. Trump Jr. did not respond to questions about the extremist content on Rumble and about whether his financial relationships influenced his support for Vance.

Representatives for Vance and the Trump campaign also did not immediately respond to requests for comment. The campaign of Trump’s opponent, Vice President Kamala Harris, was more forthcoming. Harris 2024 spokesperson Joseph Costello issued a statement to TPM decrying Vance’s links to the extremist content on Rumble. 

“The American people deserve a president who works to bring people together and who gives hate no safe harbor,” Costello said. “Every day the words and actions of Donald Trump and JD Vance prove they belong nowhere near the White House.” 

While the bad headlines have seemingly led Vance’s political stock to drop among some Republicans, shares in Rumble have fared far better. According to CNBC Pro, Rumble stock went up 17 percent on the week Trump picked Vance. The movement prompted a note from JP Morgan analyst Kamal Tamboli, who said the surge was a “quarterly record” for the extremist platform. 

“Retail traders appear to be closely following US election developments,” Tamboli wrote. 

The stock has dropped a bit from its recent high, which came on the day Trump picked Vance. However, it is still up 21 cents from where it was before the pick. The Ohio senator may be a drag on the Trump ticket, but someone out there enjoyed a bit of Vancementum! 

[spiced-wine-fic]

Thank you so much @virgulesmith :)

2. Where do you get your fic ideas? 

I wish I knew :) I think ideas come from everything we observe, watch, read and are interested in but the best ones for me (as in ideas that I develop and aren’t just ‘there as part of the fic’s fanon’)  seem to be waiting silently in my forebrain and suddenly jump into the story. 

6. What’s the last line you wrote?

There was a different feel here, a deeper darkness, the edges seemed sharper.

 69. What are your favourite fics at the moment?

I’m reading (and re-reading) the wonderful @naryaflame’s The Way through the Dark. Selfish on my part as it’s part of our Summerland ‘verse but I so love her OC’s in St Andrews, ‘The Quartet’ (Harrison, Theo, Rosie and Luc)  and how she writes my OC David. When I was writing him, his future was to go to university, a thing he should have done before his life went into a very dark place.

I couldn’t have written that as I never went to uni and while you can research, to have the authentic feeling that will carry through an entire story rather a brief mention, I think it’s better to have experienced it. So Narya now writes David at St. Andrews and is developing him more. I couldn't be more thrilled. Like the amazing Mary Stewart, Narya has such a feeling for ‘place’ that it puts a reader right ‘there.’

@naryaflame The Way Through the Dark.

I was also thrilled to see that @thepinksiamese is writing a sequel to her completely awe-inspiring ‘A Dawn of Many Colours.’ 

Pink’s writing is so completely outstanding that I often just look up from the screen and think ‘How on Earth does she do it?’ (I’m a Fan with a capital F) And intimidated!

I began reading ‘Dawn’ in 07 and when Pink finished, I never thought she would write any more in the ‘verse (or the fandom) as she was doing other things. However, there’s often a little spark of hope that won’t be quenched. 

The Pink Siamese’s Her and the Sea

Then there’s Ziggy’s latest story in her The Sons of Thunder arc. Again Ziggy is a fantastic storyteller and I’ve followed her stories since the 2007-10 LOTRFF.com archive. If I love the way an author writes I’ll attach myself to their writing like a particularly loyal hound, 😂 . I’m always looking for fics that read like excellent published work and have a little of everything in them. 

Ziggy’s Seven Stars and Seven Stones

And there are more, of course!

These are my bookmarks which are all recs.

[nel-world]

jd vance

Following a brief period of work in corporate law after he graduated Yale, Vance moved to San Francisco and got a job at Thiel’s Mithril Capital venture firm in 2015. After Hillbilly Elegy became a bestseller in 2016 and brought him to national prominence, Vance joined the venture capital firm Revolution, founded by the former AOL CEO Steve Case.

Vance remained a part of the tech VC world after returning to Ohio and leaving Revolution in early 2020. He received financial backing from Thiel to co-found the venture firm Narya Capital – which, like Thiel’s enterprises, was named after an object from The Lord of The Rings, this time a ring of power made for elves. Other prominent investors in Narya included Eric Schmidt, the former Google CEO,and Marc Andreessen, a venture capitalist, who announced his own support for Trump this past week. The stated goal of Vance’s firm was to invest in early-stage startups in cities that Silicon Valley tended to overlook.

Co-founders of Silicon Valley venture capital firm back Trump’s presidential bidRead more

Narya Capital in 2021 led a group of conservative investors, including Thiel, to put money into Rumble, the video streaming platform that positions itself as a less-moderated and more rightwing friendly version of YouTube.

[rptv-tolkien]

PMS-NBC idiot Rachel Madcow dumps on LOTR

Fake news and low IQ talking head Rachel Mad Cow (Rachel Maddow) insinuated that Lord of the Rings is somehow "alt-right."

"Lord of the Rings is a sort of favorite cosmos for naming things and cultural references for a lot of far-right and alt-right figures, both in Europe and the United States" said Mad Cow.

She continued, "Like his [senator JD Vance] mentor, like Peter Thiel, who had given him all his jobs in the world, Mr. Vance also when he founded his own venture capital firm with help from Peter Thiel, named it after a Lord of the Rings thing. He called it Narya, N-A-R-Y-A, which you can remember because it’s ‘Aryan,’ but you move the n to the front. Apparently that word has something to do with elves and rings from the Lord of the Rings series, I don’t know."

[msclaritea]

""𝐏𝐞𝐭𝐞𝐫 𝐓𝐡𝐢𝐞𝐥 𝐢𝐬 𝐥𝐢𝐭𝐞𝐫𝐚𝐥𝐥𝐲 𝐭𝐡𝐞 𝐟𝐚𝐭𝐡𝐞𝐫 𝐨𝐟 𝐉𝐃 𝐕𝐚𝐧𝐜𝐞💰

•Peter Thiel became the top individual donor in the country for the 2022 midterm elections. 𝗝𝗗 𝗩𝗮𝗻𝗰𝗲 𝗴𝗼𝘁 $𝟭𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗳𝗿𝗼𝗺 𝗣𝗲𝘁𝗲𝗿 𝗧𝗵𝗶𝗲𝗹 for his senate race in 2022. Blake Masters also got $15 million from Thiel.

•J.D. Vance worked at Mithril Capital, which is 𝗣𝗲𝘁𝗲𝗿 𝗧𝗵𝗶𝗲𝗹’𝘀 𝘃𝗲𝗻𝘁𝘂𝗿𝗲 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗳𝗶𝗿𝗺, from March 2017 to March 2019, serving as a partner throughout his tenure.

•J.D. Vance co-founded a venture capital firm called Narya Capital, which relied on 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝗣𝗲𝘁𝗲𝗿 𝗧𝗵𝗶𝗲𝗹 𝗮𝗻𝗱 𝘁𝘄𝗼 𝗼𝘁𝗵𝗲𝗿 𝗯𝗶𝗴 𝘁𝗲𝗰𝗵 𝗯𝗶𝗹𝗹𝗶𝗼𝗻𝗮𝗶𝗿𝗲𝘀: Eric Schmidt and Marc Andreessen. Thiel and Andreessen are both Jewish.

It’s funny how Vance and Masters spew anti-big-tech rhetoric nonstop, yet 𝗯𝗶𝗴 𝘁𝗲𝗰𝗵 𝗴𝗶𝗮𝗻𝘁𝘀 𝗮𝗿𝗲 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗹𝗲 𝗳𝗼𝗿 𝗘𝗩𝗘𝗥𝗬 𝗢𝗡𝗘 of their accomplishments."

[mybusinesslearning]

Rich will get richer. As a teenager, one of the ways to transition from middle class/ poverty to higher economic strata = getting accepted in better schools, then college.

2016, the same year Vance published his best-selling book, Hillbilly Elegy, he joined Mithril Capital, a San Francisco-based venture capital firm founded by Thiel and another veteran investor, Ajay Royan — and which has yet another Tolkien-inspired name.

Two years later, Vance was recruited by AOL co-founder Steve Case for a new venture: a $150mn Washington-based fund that tapped big investors such as Jeff Bezos and Ray Dalio to jump-start young companies in overlooked American cities.

That philosophy would also become the foundation of Narya Capital. Vance relocated to Cincinnati in his home state of Ohio to launch the fund with a former colleague from Mithril, Colin Greenspon.

Narya was backed with about $100mn from Thiel and a cadre of his acquaintances,

[crisismonitor]

Oppo Research για τον Τζ. Ντ. Βανς: Ο Mr... Not Trump και άλλα πολλά

Ο Τζ. Ντ. Βανς μπορεί να είναι μόλις 40 χρονών έχει όμως πλούσια επαγγελματική, προσωπική και πολιτική σταδιοδρομία και προφανώς, για να τον επιλέξει ο Τραμπ είναι διχαστικός και.. εμπρηστικός. Μια πρώτη αδρή προσέγγιση στα πεπραγμένα του αναδεικνύει αρκετά καυτά θέματα, ξεκινώντας από την κριτική του στον Τραμπ... Ο Τζ. Ντ. Βανς, Γερουσιαστής από το Οχάιο και συνυποψήφιος του Ντόναλντ Τραμπ για τις προεδρικές εκλογές του 2024, έχει ένα πολύπλευρο υπόβαθρο και αρκετές περιοχές αμφιλεγόμενες και αντιπαραθέσεις. Παλαιότερα Σχόλια κατά του Τραμπ: - Κατά την προεδρική εκστρατεία του 2016, ο Βανς είχε ταυτιστεί με την ομάδα "Never Trump", εκφράζοντας έντονη κριτική κατά του Ντόναλντ Τραμπ. Σε ένα tweet είχε αναρωτηθεί, "Τι ποσοστό του αμερικανικού πληθυσμού έχει σεξουαλικά κακοποιηθεί από τον @RealDonaldTrump;". Αυτά τα σχόλια δημιούργησαν αρχικά ένταση μεταξύ του Βανς και του Τραμπ, την οποία ο Βανς προσπάθησε αργότερα να μετριάσει ευθυγραμμίζοντας τον εαυτό του περισσότερο με την λαϊκιστική ατζέντα του Τραμπ​ (Politico)​. Θέση για τη Βοήθεια προς την Ουκρανία: - Ο Βανς ήταν φωνητικός αντίπαλος της αμερικανικής βοήθειας προς την Ουκρανία. ��γραψε ένα άρθρο γνώμης στους New York Times, επιχειρηματολογώντας κατά της επιπλέον βοήθειας, ισχυριζόμενος ότι δεν θα είχε σημαντικό αντίκτυπο στην έκβαση του πολέμου. Η θέση του Βανς αντικατοπτρίζει έναν ευρύτερο σκεπτικισμό απέναντι στην διεθνή τάξη, την οποία πιστεύει ότι ευνοεί τις οικονομικές ελίτ εις βάρος των εργαζομένων​ (Politico)​. Αμφιλεγόμενα Σχόλια για την Άμβλωση: - Ο Βανς έχει κάνει αμφιλεγόμενες δηλώσεις σχετικά με την άμβλωση. Υποστήριξε τον νόμο περί άμβλωσης του Τέξας και περιέγραψε τις εγκυμοσύνες από βιασμό και αιμομιξία ως "ενοχλητικές", μια δήλωση που έχει προκαλέσει σημαντική κριτική και μπορεί να αποτελέσει εμπόδιο στις γενικές εκλογές​ (PolitiFact)​. Κουλτούρα Γραφείου και Προσωπικού: - Το γραφείο του Βανς στη Γερουσία είναι γνωστό για την νεανική, ανδροκρατούμενη κουλτούρα του, με τους συνεργάτες να προέρχονται συχνά από ιδρύματα που ευθυγραμμίζονται με τη Νέα Δεξιά. Αυτό έχει συμβάλει σε ένα δυναμικό αλλά επιθετικό εργασιακό περιβάλλον που έρχεται σε αντίθεση με πιο παραδοσιακά γραφεία της Γερουσίας​ (Politico)​. Νομιμότητα των Εκλογών: - Ο Βανς έχει εκφράσει υποστήριξη για την αμφισβήτηση του Τραμπ σχετικά με τα αποτελέσματα των εκλογών του 2020, μια στάση που μπορεί να ενισχύσει την απήχησή του εντός της βάσης του GOP αλλά δημιουργεί κινδύνους σε ευρύτερα εκλογικά πλαίσια​ (Politico)​. Αυτές οι πτυχές αναδεικνύουν την πολυπλοκότητα του πολιτικού προφίλ του Βανς, δείχνοντας τόσο την ευθυγράμμισή του με τον λαϊκισμό του Τραμπ όσο και τις περιοχές όπου οι προηγούμενες θέσεις του μπορεί να αποτελέσουν προκλήσεις σε ευρύτερα εκλογικά πλαίσια. Υπέρ των κρύπτο... Ο Τζ. Ντ. Βανς έχει δείξει υποστήριξη για τη ρύθμιση των κρυπτονομισμάτων με τρόπο που ενθαρρύνει την καινοτομία ενώ εξασφαλίζει ασφάλεια και σταθερότητα. Πρόσφατα προώθησε ένα νέο νομοσχέδιο που αποσκοπεί στη δημιουργία ενός πιο ευνοϊκού ρυθμιστικού περιβάλλοντος για τα κρυπτονομίσματα. Οικονομικά Στοιχεία του Τζ. Ντ. Βανς Η καθαρή αξία του Τζ. Ντ. Βανς εκτιμάται μεταξύ 3,75 εκατομμυρίων και 10,495 εκατομμυρίων δολαρίων. Οι κύριες πηγές πλούτου του περιλαμβάνουν: - Συγγραφικά Δικαιώματα: Τα βιβλία του, κυρίως το "Hillbilly Elegy", του απέφεραν σημαντικά έσοδα. - Venture Capital: Συνιδρυτής της Narya Capital, λαμβάνοντας σημαντικό μισθό. - Μετοχές: Κρατά θέσεις σε εταιρείες τεχνολογίας και βιοτεχνολογίας. ...απαγόρευση στους Γερουσιαστές να παίζουν Χρηματιστήριο Ο Βανς είναι ένθερμος υποστηρικτής της απαγόρευσης των μελών του Κογκρέσου από το να διαπραγματεύονται μετοχές για να αποφεύγεται η εσωτερική πληροφόρηση. Υποσχέθηκε να βάλει τα προσωπικά του περιουσιακά στοιχεία σε εμπιστευτική διαχείριση αν περάσει η σχετική νομοθεσία​ (Finbold)​. Read the full article

[ndigitalhealth]

Chapter Medicare Secures $50 Million in Series C Funding Round

Chapter Medicare, a leading brokerage firm headquartered in New York, has successfully closed a $50 million Series C funding round, signaling a significant milestone in its journey to revolutionize the Medicare landscape.

The financing was spearheaded by XYZ Venture Capital, with substantial contributions from Narya Capital, Susa Ventures, and Maverick Ventures, as reported by InsurTech Insights.

Read more: https://nextdigitalhealth.com/funding-news/chapter-medicare-secures-50-million-in-series-c-funding-round/

fundingnews #FundingOpportunity #StartupFunding #StartupSuccess #HealthcareNews #HealthcareFunding #nextdigitalhealth #Wi4 #vineetagrawal

[elerondo]

Headcanon | Timeline: S.A. 1600 to 1701

Why the choice bearers of the Elven Rings of Power

Safer for the Woodland Realm if they are without a ring

Elrond was never all too happy about the elves of the fief of Harlindon moving further away from the Throne. Hundreds of years of peace and prosperity was going to see a lot of changes and adjustments. Elrond had fought Gil-galad on the leave, near incited a military arrest to keep the power and knowledge in Lindon, but he was not successful. Elrond always attributed Tyelperinquar’s departure to the seduction of Galadriel, and so very bitter he was! But for the sake of both realms, Elrond maintained diplomacy and the alliance between Eregion and Lindon. Had it not been for the Siege of Eregion, this slowly rising relationship he build between Eregion’s trio could have lasted more than a thousand years.

However, if not for Fate dealing out its cruel hand as per usual, the Last Homely House East of The Sea would not have seen its light.

Vilya and Narya to Gil-galad Elrond never once doubted Tyelperinquar’s loyalty. They were of similar blood, he reasoned with himself. The one he did not trust was Galadriel. In Eregion, Elrond often connected more with Tyelperinquar after all the political niceties were said and done. Elrond was often a tourist of Tyelpe’s forge.

Therefore it was only right that Vilya and Narya went to Gil-galad, the High King of the Noldor, the wisest King whose prosperity and peace endured long after the War of Wrath, and whose realm was still two together: Forlindon and the Grey Havens. Tyelperinquar knew he had failed and fallen into Sauron’s plot, and sending two of three Elven rings to Gil-galad was not only his way of apology, but also to guarantee the survival of Eriador.

Nenya to Galadriel Distance actually did dispel some of the animosity between Elrond and Galadriel. Meetings were professional, pleasant, efficiently to the point. Things were getting better. And then it got worse again when Elrond received word that lady Galadriel had been ousted from Eregion. It was at once such a bizarre news, and a Doom he had seen coming yet was in no position to advise. Sauron’s influence had twisted Tyelprinquar’s love to spite, it seemed, that he would cast out Galadriel when he left with the lady and Celeborn in the first place.

Perhaps, it is for this betrayal of love and friendship that Tyelperinquar sent Nenya to Galadriel, in order to make amends and safeguard the realms with his last act of defense.

The Three Rings Cannot be together, neither can they go to Greenwood Now, this part is going to get more technical than sentimental. It is wiser for the Rings to be spread out as far as Lindon, and over the mountains. However, I do not think Tyelperinquar had that much resources on him to send an Elven ring to Oropher and Thranduil over the Anduin. At the time, Oropher ruled from his capital at Amon Lanc, and Sauron was coming from the Fords of Isen. Two Rings near each other and near Sauron? That would have been a foolish plan.

We also never hear of Oropher or Thranduil sending aid over the mountains to assist with the war. Rightfully so, because the Woodland Realm was 1) not a fief or vassal of Gil-galad and 2) the Siege was one of the Wars of the Noldor. They are different countries.

Giving Oropher a Ring would have turned Sauron’s forces to Greenwood. That is unwise both diplomatically and on the battlefield, because Elrond ( and then Gil-galad ) had a long way to come from the East. They would never have reached Oropher in time if the Woodland Realm became embroiled in the war, too.

The First White Council It was a decidedly ungraceful event that consisted mostly of Elrond crying about how everyone should have listened to him. When faced with the gruesome torture and death of his cousin Tyelperinquar, Elrond was unbridled in his anger and agony. There was to be a reckoning for all that had happened for the Valley to stand.

Elrond also reprimanded Gil galad: They should have prepared much earlier. Elrond should not have been sent out with such a small force. Why did you hold back? Was there overconfidence? And though he spoke all very logical things that’d work on paper, his words are laced with the flames of sentimentality and kin lost

All of them learned very many harsh lessons that day.

[fractallion]

Let's Get Ready To Rumble

… or not. Yeah - definitely not.

Thiel-backed conservative video platform Rumble is up 37% after going public via SPAC merger at a $2.1B valuation, raising $400M.

.. and you all thought SPACs were dead!

Definitely an interesting mix of ‘purveyors’ on the platform, noting that Russell Brand had decided that he needs to not only join the likes of QANON, Alex Jones, Greenwald, Lindell and Truth Social - but be there exclusively!

Side note

“Thiel co-led an investment in the company last year along with VC firm Narya Capital. Narya, based in Cincinnati and named for a ring in the Lord of the Rings books, is also backed by Thiel and led by his one-time business associates Colin Greenspon and Ohio Republican Senate candidate JD Vance.”

[isfeed]

Branch snags $147M at a $1.05B valuation, showing that thorny insurtech market not impervious to growth

Branch snags $147M at a $1.05B valuation, showing that thorny insurtech market not impervious to growth

Branch, a startup offering bundled home and auto insurance, has raised $147 million in Series C funding at a postmoney valuation of $1.05 billion. Weatherford Capital, a family-owned private investment firm, led the round, which also included participation from existing and new backers such as Acrew, American Family Ventures, Anthemis, Gaingels, Greycroft, HSCM Ventures, Narya, SignalFire and…

[coinnewsfx]

The author of "Hillbilly Elegy", JD Vance, launches a VC fund supported by Thiel 2020

The author of "Hillbilly Elegy", JD Vance, launches a VC fund supported by Thiel 2020

JD Vance, the bestselling author of Hillbilly Elegy, has launched a new venture capital fund to restore prosperity in the heartland.

The fund, Narya Capital, is targeting $ 125 million and has already raised $ 93 million from Silicon Valley, like Marc Andreessen, former Google manager Eric Schmidt, and Peter Thiel.

The company will provide science and technology startups in cities outside of…

[un-enfant-immature]

‘Hillbilly Elegy’ author J.D. Vance has raised $93 million for his own Midwestern venture fund

Underserved areas are becoming hot, hot, hot, from the standpoint of venture capitalists and their own backers.

In October, Steve Case’s Revolution announced that a second Rise of the Rest Seed Fund had closed with $150 million in commitments. In November, Drive Capital, a Columbus, Ohio-based venture firm that was started by two former Sequoia Capital partners and focuses on largely Midwestern startups, revealed in SEC filings that it had raised a fresh $350 million in capital commitments across two funds. Meanwhile, last month, Hyde Park Ventures, a Chicago-based early-stage software-focused venture firm that’s focused on the “mid-continent,” announced on Medium that it had closed its third fund with $100 million.

Now, author and investor J.D. Vance — who rose to fame after penning a memoir (“Hillbilly Elegy”) but who has also worked as an investor, including as principal for Peter Thiel’s Mithril Capital Management and more recently as a managing director with Revolution — has swung open the doors of his own Midwest-focused venture fund, Narya Capital, based in Cincinnati, Ohio.

The outfit has so far raised $93 million in capital commitments for its debut fund, and its investors include Thiel, along with some other heavyweight names, including Marc Andreessen, Eric Schmidt and ExactTarget co-founder Scott Dorsey — who also now runs a Midwest-focused venture firm and startup studio.

Vance isn’t talking publicly yet about the fund — it’s still in fundraising mode — but judging by an SEC filing first flagged by Axios, he isn’t going it alone. Colin Greenspon, who was partner at Rise of the Rest Seed Fund and a former managing director at Mithril, is joining him as co-founder and partner.

According to the outlet Columbus Business First, the two are also joined by partner Falon Donohue, who spent more than four years as the CEO of VentureOhio, a nonprofit organization that aims to increase access to venture capital for Ohio entrepreneurs. Donohue had also started a seed-stage venture firm in Columbus called Sadie Ventures back in 2018.

The firm’s SEC filing shows a target of $125 million.

Its name — like that of Mithril — derives from the writings of J. R. R. Tolkien. While mithril is a fictional metal, Narya is a magical ring that (according to fan pages) has the power to inspire others to resist tyranny, domination and despair.

According to data from PitchBook and CB Insights in association with Hyde Park Ventures, the Midwest has seen a meaningful uptick in venture investment in recent years, jumping from $2.7 billion in 2016 to $4.3 billion by 2018.

Other funds to close in recent times include Great North Labs, which closed its first fund with $23.7 million in capital last June to invest in early-stage tech startups across the Upper Midwest in the U.S. As we reported over the weekend, a firm that invests expressly in startups from “Park City to Kansas City” just attracted more than $16 million in backing for its newest fund, too.

[secbusinessreg]

A SEC registration was made for Narya Capital Fund I, L.P. Registered from the state of DELAWARE. Securities and Exchange Commission registration was completed on this day of Thu, 19 Dec 2019 00:00:00. from https://sec.report/CIK/0001797355