That guy does not seem like a pushover. He's not the kind of guy I would want to get in a fight with. He's really not afraid, he stands up for himself directly. I would bet on him. If he came to me right now and said Max, give me $50k, I'd just hand it over to him.
From the amount of openness Chandra has shown, it seems there is more than a small chance. No contracts in place? No code contributed? That's not stuff you can lie about.
But Arrington cares about his image. This guy just seems to not just give a fuck - he just barges on ahead. Such people are excellent to work with. Someone with that type of confidence keeps you moving forward... fast.
Fighters are winners.