Probably not in Trumps specific case. If he goes to prison, or otherwise runs out of cash( which is not unlikely) Truth Social will likely go bankrupt, so it’s not really useful as collateral.
Very different from e.g. Bezos who (for all his faults) build a company that continues to hold some value even in the unlikely event that Bezos makes stupid personal financial decisions.
Yeah. Bezos could die and there would still be plenty of value in Amazon. A little wacky shit over the election or, gods willing, a stroke or heart attack that leaves him mostly crippled and Truth Social will die in a quick fucking hurry.
There’s no reason to liquidate it. As long as it holds ‘value’ it can be used as collateral for low interest loans.
Probably not in Trumps specific case. If he goes to prison, or otherwise runs out of cash( which is not unlikely) Truth Social will likely go bankrupt, so it’s not really useful as collateral.
Very different from e.g. Bezos who (for all his faults) build a company that continues to hold some value even in the unlikely event that Bezos makes stupid personal financial decisions.
Yeah. Bezos could die and there would still be plenty of value in Amazon. A little wacky shit over the election or, gods willing, a stroke or heart attack that leaves him mostly crippled and Truth Social will die in a quick fucking hurry.