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I’ve never understood the perspective that what Thiel did too Gawker was anything but good. Love or hate the guy, he just funded a lawsuit that Gawker assumed t

I’ve never understood the perspective that what Thiel did too Gawker was anything but good. Love or hate the guy, he just funded a lawsuit that Gawker assumed they would beat using the classic tactics of bankrupting their opponent. I despise those tactics, it was (rightly IMO) determined that Gawker acted illegally and caused massive damage, and if the Hulk Hogan had been funded by literally any other billionaire I think they would have been applauded. Corporations use “run the meter” tactics to win lawsuits all the time. It’s nice to see that fail for once.

KerrAvon 5y ago
You seem to be confused as to which party used which tactics? https://www.vanityfair.com/news/2018/02/the-thiel-gawker-saga-takes-an-even-darker-turn https://www.vanityfair.com/news/2018/02/the-thiel-gawker-sag... https://www.forbes.com/sites/mattdrange/2016/06/21/peter-thiels-war-on-gawker-a-timeline/ https://www.forbes.com/sites/mattdrange/2016/06/21/peter-thi...
vineyardmike 5y ago
Gawker was not a major corp at all, it was a tiny publication. I don't think they thought they would beat him via bankrupting him at all. Thiel approached a ton of people who Gawker wrote about, and volunteered to fund suits until he found a winner. Thiel was not the rich hero, he was trying to a chip in the armor for a long time to seek revenge on a petty grudge.
- telotortium 5y ago
  > Gawker was not a major corp at all, it was a tiny publication. Lol, in 2014 Gawker had $45m in revenue (https://en.wikipedia.org/wiki/Gawker_Media#cite_note-BI-18 https://en.wikipedia.org/wiki/Gawker_Media#cite_note-BI-18), and it had hundreds of employees. Sure, it wasn't quite the NYT, but it wasn't a newsletter or a local paper by any means.