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JD Vance has a VC background and was once the head of a company owned by "venture capital godfather" Peter Thiel.

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On July 16th, it was reported that JD Vance, the Republican candidate for Vice President, served as the director of Mithril Capital Management LLC, a venture capital firm owned by Peter Thiel, known as the "godfather of venture capital," from 2016 to 2017 in Silicon Valley. In 2019, Vance co-founded Narya Capital, headquartered in Cincinnati, Ohio, with investors including Peter Thiel, former Google CEO Eric Schmidt, and Netscape Communications founder Marc Andreessen. In 2020, Vance raised $93 million for Narya Capital. Vance, Thiel, and former Trump advisor Darren Blanton jointly invested in Rumble, a popular Canadian online video platform among the political right.

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