JD Vance joins MAGA backers, including mentor Peter Thiel, to raise $30 million for Vivek Ramaswamy's RIA rollup startup
The 39 year-old vice presidential candidate's investment into the anti-ESG ETF-maker Strive Asset Management draws him closer to its owner, Ramaswamy, 38.
Author Oisin Breen July 30, 2024 at 12:40 AM
Brooke Southall and Keith Girard contributed to the editing of this article.
Brian Murphy
July 30, 2024 — 2:48 AM
If Strive were smart they would use part of the $30MM (say $10MM) to develop a defensible investment platform on which to manage their roll-up advisor assets. Platform integrates w/ varying custodians and serves as a marketing tool for both B2C and B2B. Once the platform is deployed there are a bunch of other interesting businesses that fall off of it. I'll build it for you; contact me through LinkedIn and we'll talk.
Otherwise, you're just pissing in the wind, competing with every other roll-up; which is a complete waste of time.
George Papadopoulos
July 30, 2024 — 9:45 AM
I feel really bad for clients of any firm selling out to these guys.
Melissa B
July 30, 2024 — 1:38 PM
“ Many Americans are hungry for an authentic and unapologetic embrace of capitalism, meritocracy, and innovation, and that’s what we strive to deliver.” -and yet JD Vance’s only “merit” was being propped up by Thiel as a “co-founder” to NARYA and funding his senate campaign.
