Man In Biden Ad Claiming To Be Struggling Small Business Owner Is A Wealthy Tech Investor

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Last Thursday, Democratic presidential candidate Joe Biden’s campaign released an ad featuring a Michigan bar own claiming “a lot of restaurants and bars that have been mainstays for years” will go out of business unless Biden is elected.

The man, Joe Malcoun, claims the bar he co-owns, the Blind Pig, is struggling due to President Donald Trump’s COVID-19 response. But as the Washington Free Beacon reported, Malcoun is actually a “wealthy tech investor whose startup was seeded by a large family inheritance.”

Further, it’s unlikely that Malcoun would lose his livelihood due to the coronavirus pandemic. In 2018, the Free Beacon reported, Malcoun was interviewed on a local NBC affiliate called Click on Detroit. In the interview, Malcoun explains how he received a large inheritance from his wife’s grandfather nearly a decade ago, an inheritance he said was “almost like winning the lottery.” He used that money to become a prominent “angel investor” in Michigan.

“Usually you become a CEO and you make money, and then the money allows you to become an angel investor first,” he said in the 2018 interview. “I happened to have different circumstances where I had money [first].”

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