The anti-woke ‘patriotic’ marketplace set to go public in $200 million deal: Project backed by Don Jr. promises to promote firm that represent ‘freedom’ and vows to stop Americans ‘giving money to businesses that hate them’
- The company launched nationwide seven months ago and now hosts nearly 50,000 ‘patriotic’ vendors and has processed millions of transactions
- It’s now drawn in conservative heavyweights like Donald Trump Jr. and Blake Masters
- ‘People need to stop giving their money to businesses that hate them. We aren’t going to defeat woke corporations by whining on Twitter,’ Trump Jr. said
Online marketplace Public Square is set to merge with Omeed Malik’s blank check company Colombier Acquisition Group in a $200 million deal as the company launches a full-throttle campaign to give every ‘anti-woke’ consumer an Amazon-like alternative.
The San Diego-based company launched nationwide seven months ago and now hosts nearly 50,000 ‘patriotic’ vendors and has processed millions of transactions.
It’s now drawn in conservative heavyweights like Donald Trump Jr., who serves as an investor and an adviser, and former Arizona Senate candidate Blake Masters, who is an advisor.
‘People need to stop giving their money to businesses that hate them. We aren’t going to defeat woke corporations by whining on Twitter,’ Trump Jr. told DailyMail.com.
A final deal could be announced as soon as today, a source familiar confirmed to DailyMail.com.
The company offers consumers an alternative online sales platform at a time when the GOP has made ‘progressive corporatism’ and Big Tech abuses its new battlefront.
‘We’re the nation’s largest directory of patriotic, America-first businesses and consumers that has ever existed,’ Michael Seifert, the company’s founder, told DailyMail.com in an interview.
Public Square, founded by Michael Seifert, launched nationwide in July
Company tells consumers which products align with ‘patriotic’ values
Those involved in the platform find themselves at the center of the new conservative movement to take on ‘woke’ corporations.
In a sign of the nation’s ever-growing right-left divide, they say they are working to create a ‘parallel economy’ where consumers don’t have to purchase anything from vendors whose political values don’t align with their own.
Donald Trump Jr. says he hopes to grow the companies vendors to the millions and its users to the tens of millions.
‘We will win by creating a parallel economy and that’s exactly what PublicSq is doing. PublicSq is on a mission to identify millions of small businesses across America that share our patriotic values.’
Malik, Trump Jr., Masters, a former Thiel Capital executive, and Nick Ayers, former chief of staff to Vice President Mike Pence are all set to join the board, a source confirmed.
It’s free to sell products on PublicSq, and the company’s vetting process is mostly centered on a vendor checking a box to say they agree with a stated list of values.
Companies must promise to ‘protect the family unit’ and the ‘sanctity of life,’ say that they will fight to defend U.S. ‘greatness,’ agree that the Constitution is ‘non-negotiable’ and promise to source ‘as many products as possible’ in the U.S.
‘These are things that normal people believe in 2006, right? We’re not we’re not we’re not fringe, we’re not out on the outskirt,’ Seifert said.
‘We believe in judging each other by the content of our character, not by the color of our skin. So we’re not embracing affirmative action policies, no ESG (environmental, social and governance, no DEI (diversity, equity and inclusion,’ Seifert said.
‘This is an economy that’s based on meritocracy and value for the individual.’
Seifert first got the idea for a parallel conservative marketplace during Covid lockdowns in San Diego, Calif. He created an online directory of businesses in San Diego that did not force masks or vaccines.
‘It sort of blew up from there, we realized that the nation was hungry for it too,’ he said.
Malik, a former managing director at Bank of America, founded investment firm 1789 Capital, which promises to provide capital to ‘companies building the next era of American prosperity,’ according to its website. It’s named after the year the Bill of Rights was signed.
Malik talked about ‘patriotic capitalism’ in an interview with Tucker Carlson in December.