Ryan Mac and Matt Drange, reporting for Forbes (sorry for linking to Forbes — I think this is the first time I’ve done so since they started attempting to block visitors using content blockers — but this is their scoop):
Peter Thiel, a PayPal cofounder and one of the earliest backers of
Facebook FB +1.50%, has been secretly covering the expenses for
Hulk Hogan’s lawsuits against online news organization Gawker
Media. According to people familiar with the situation who agreed
to speak on condition of anonymity, Thiel, a cofounder and partner
at Founders Fund, has played a lead role in bankrolling the cases
Terry Bollea, a.k.a. Hogan, brought against New York-based Gawker.
Hogan is being represented by Charles Harder, a prominent Los
Angeles-based lawyer. […]
Money may not have been the main motivation in the first place.
Thiel, who is gay, has made no secret of his distaste for Gawker,
which attempted to out him in late 2007 before he was open about
his sexuality. In 2009, Thiel told PEHub that now-defunct Silicon
Valley-focused publication Valleywag, which was owned by Gawker,
had the “psychology of a terrorist.”
“Valleywag is the Silicon Valley equivalent of Al Qaeda,” Thiel
said at the time.
A storyline right out of pro wrestling.
(Interesting perhaps only to me: I already had tags in my CMS for “Gawker” and “Hulk Hogan”, but not for “Peter Thiel”. Apparently this September 2014 post was the only time I’ve even mentioned Peter Thiel on Daring Fireball.)