J.D. Vance, Peter Thiel invest in YouTube rival
The video platform Rumble announced it has received financial backing from venture-capital fund Narya Capital. Notably, the fund was founded by “Hillbilly Elligy” author J.D. Vance, conservative venture capitalist Peter Thiel, and Colin Greenspon.
Rumble is set to rival YouTube and is reportedly popular among right-wing users as any on the are on the hunt for a new platform following the ban on former President Trump and suspensions on other conservative voices.
According to a report from the Wall Street Journal‘s sources, the investment was “significant.” The social media platform is valued at around $500 million.
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