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“Gawker, the defendant, built its business on humiliating people for sport. “I am proud to have supported Terry Bollea in his successful fight against a bully’s gross violation of privacy,” Thiel said in a written statement. He argues the company needlessly picks apart the personal lives of public figures and, in some cases, friends in the technology industry. At the time, Thiel had only disclosed his sexual orientation to a small group of friends and had tried to stop Gawker from publishing it.īut the investor argues that his qualms with Gawker are much broader than settling a score. In 2007, the outlet published an article that disclosed Thiel, then relatively unknown outside Silicon Valley, was gay. The venture capitalist has a complicated history with Gawker. Forbes this week reported that Thiel has covered Bollea’s extensive legal bills.

Gawker is on the brink of insolvency after it lost a $140m lawsuit for publishing a tape of Terry Bollea, more commonly known as the wrestler Hulk Hogan, having sex. “However philanthropic your intention, and careful the planning, the details of your involvement will be gruesome.” “In the next phase, you too will be subject to a dose of transparency,” Denton wrote.

He and others in the technology industry argue Gawker’s writers, which sometimes dig into the personal lives of the Silicon Valley elite, fall beneath journalists and should be taught a lesson.ĭenton acknowledged his outlet may occasionally cross the line but argued Thiel’s crusade was misguided, a product of being thin-skinned and that it may well backfire.

#GAWKER RAPE VIDEO SERIES#

Thiel, one of the most successful investors in Silicon Valley history, acknowledged earlier on Thursday that he secretly has bankrolled a series of lawsuits against Gawker and its journalists in order to put the publisher out of business.

Gawker rape video