In early October 2024, several social media accounts supporting U.S. Vice President Kamala Harris shared a copypasta meme alleging that the Republican vice-presidential candidate, Ohio Sen. JD Vance, had a financial interest in an app, AcreTrader, that allows foreigners to “snap up real estate deals.”
The full text of the copypasta — copy-and-pasted text shared online — read:
Remember: JD Vance gets rich by owning an app (acretrader) that helps investors outside of the United States snap up real estate deals (including many family farms and rental properties) that are then owned by people who have never and will never see those places and who ONLY own those places to obtain money and power in our country.
This is NOT someone we can trust to be looking out for OUR best interests. He betrays us for money.
While this is an imprecise description of the type of land this company brokers — it deals only in agricultural properties — it is true that Vance provided early funding to, and may still be invested in, AcreTrader. The investment was made through Narya Capital , an Ohio-based venture capital fund he founded in 2020 before leaving in December 2022 .