GOP Senate candidate J.D. Vance said his business was involved in creating nearly 1,000 jobs in Ohio. A POLITICO analysis suggests that may be a bit of a stretch.
Republican Senate candidate J.D. Vance’s business record, including his job creation estimate, is open to interpretation. | Gaelen Morse/Getty ImagesThroughout his Senate campaign, GOP candidate J.D. Vance has touted his business credentials as a venture capitalist and job creator for the state of Ohio.
“We’re proud to say that, in just over 2.5 years, Narya has already invested in three Ohio companies that have collectively created approximately 750 jobs,” Vance’s partner, Falon Donohue, said in a statement. “These companies are growing quickly so we anticipate even more hiring in the short term.” “The 750 jobs would be almost what the whole state gained in a month, which is pretty significant,” Stivers said.
Former AOL Chair and CEO Steve Case, who launched the Rise of the Rest venture fund where Vance worked, told POLITICO that Vance’s political pivot to support Trump “was a surprise and frankly, a disappointment,” but added that “backing more startups in more parts of the country, obviously, is what we’re all about.”
Since 2016, Vance has worked for three venture capital firms. First, he was with Mithril, the firm headed by his political benefactor and mentor, Peter Thiel. Next, he spent a year at Rise of the Rest, the fund launched by Case, which focuses on investing in heartland enterprises.
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