7/19/2023 0 Comments Peter thiel gawker![]() Its not really a chanceyou must stop going to college in order to get the money. It turns out that, according to a report from Forbes, that's exactly what's been happening, and tech billionaire Peter Thiel has been behind it. Peter Thiels '20 Under 20' grant is sort of an anti-scholarship, promising young winners with a startup idea 100,000 paid out over two years, and a chance to stop going to silly classes and work on that idea instead. It's the type of move you make when your goal isn't to maximize the dollar amount, but rather to bleed a company dry. This is weird, because the insurance company would have way more money to potentially get than Gawker proper does. This saga is the subject of a new book by the author and ( controversial) media strategist Ryan Holiday, called Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue. Specifically, they made sure that their suit would not fall under Gawker's insurance protection. A 2007 post called 'Peter Thiel is totally gay, people' apparently marked the start of Thiels vendetta against the site. PayPal co-founder Peter Thiel admitted to financially backing Hulk Hogan 's invasion of privacy lawsuit against Gawker. This rumor gained a lot of credibility when Hogan's lawyers made choices in court that would seem to run counter to the idea of getting as much for their client as possible. And one of the early targets of Gawkers outing campaign was Peter Thiel. The PayPal co-founder has long seen Gawker as a bully. There have been rumors for a while that some rich person who hates Gawker was bankrolling the Hogan and other suits against Gawker. Gawkers demise had nothing to do with First Amendment principles it is a classic story of founder ego, poor risk management practices, and sloppy leadership. How Peter Thiel’s Gawker Battle Could Open a War Against the Press The New Yorker. It's also exactly what's been happening to Gawker in their legal battles against Hulk Hogan and many others. It's revealed that there's actually a shadowy cabal of deep-pocketed men and women who have been pulling the strings the whole time.Īnd it turns out that is true not just in detective stories. Thiel said he was motivated to sue Gawker after they published a 2007 article publicly outing him, headlined 'Peter Thiel is totally gay, people.' Thiel stated that Gawker articles about others, including his friends, had 'ruined people's lives for no reason,' and said, 'It's less about revenge and more about specific deterrence. He want the total victory of eliminating Gawker from the face of the earth.In most detective stories, there's a late-second-act, early-third-act reveal that the low-level criminals that the detective has been chasing are actually just the tip of the iceberg. But Thiel didn’t want a balanced settlement. If Bollea had reached a settlement with Gawker, it would have reflected that balance, punishing Gawker for its violation of Bollea’s privacy but allowing it to continue to exist. In a story headlined, Give Me Liberty or Give Me Taxpayer Money, Gawker Media, citing anonymous sources, revealed that Thiel held his Facebook investment in a tax-free Roth. ![]() The article was posted on the now defunct tabloid style Valleywag. In this case, there is a conflict between freedom of speech and Bollea’s right to privacy. Peter Thiel was ruthlessly outed in a 2007 blog post by Gawker reporter Owen Thomas. ![]() The cant about the “public interest” is refuted by the fact that bankrupting Gawker eliminates any chance of having a solution that balances competing public interests. For Thiel, this seems to be in part a personal crusade. Thiel told the New York Times he provided funding for wrestler Hulk Hogans potentially devastating sex tape lawsuit against Gawker Media, making good on a nearly decade-long grudge against the. And if Gawker is indeed “unique,” then who is being deterred by its being destroyed? To say the goal is “less about revenge and more about specific deterrence” is belied by the tactics used, which are all about revenge. Silicon Valley billionaire Peter Thiel, its now been revealed, is funding t he massive lawsuit against Gawker over Hulk Hogans sex tape. “Deterrence” can only work if the punishment is publicly known, but Thiel pursued his war on Gawker in secret. On Monday evening, Forbes and the New York Times reported that Peter Thiel, the right-wing. Right-Wing Billionaire Peter Thiel Is on a Mission to Destroy Gawker. I saw Gawker pioneer a unique and incredibly damaging way of getting attention by bullying people even when there was no connection with the public interest.” Right-Wing Billionaire Peter Thiel Is on a Mission to Destroy Gawker. He told the Times, “It’s less about revenge and more about specific deterrence. Thiel’s explanations for his behavior are puzzling. ![]()
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