this post was submitted on 01 Aug 2023
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Christian’s estimated net worth isn’t as much as you think. He was running a successful business with operating costs, it’s not like he had that much money in the bank. He may have raised $250,000 a year but it went to expenses, it’s not like he had that money all in his bank account at any one time. He had to shut down Apollo because Reddit asked for a million dollars up front in just a month and he couldn’t raise that much.
I understand that, but the same argument could be said for Trump: he has buildings and debts and a certain lack of liquidity as well. I mean, for very different reasons, but still a lack of liquid assets. I'm more than happy to buy a t-shirt and support Christian, which probably seems just as incomprehensible to some subset of Trump supporters as their Trump donations seems to me.
Those are very different circumstances. Selig probably could have raised a million dollars if his freedom relied on it, hell even I could do that. He couldn't raise a million dollars to fund a business venture knowing it probably wouldn't be viable as a continuing business due to new costs.