The billionaire justified his fight against Gawker with a misleading reference to privacy legislation.
Peter Thiel has no regrets about pouring millions of dollars of his own money into the legal fight that bankrupted Gawker Media. “I am proud to have contributed financial support,” Thiel wrote in The New York Times on Monday, “… and I would gladly support someone else in the same position.”
Thiel says he spent about $10 million to help Terry Bollea—the wrestler better known as Hulk Hogan—sue Gawker for having published, without his consent, a video that showed him having sex with his then-friend’s wife. Hogan ultimately won his case. Gawker, facing a $140 million judgment, filed for bankruptcy.
Many have noted that there are few characters to root for in this saga. Gawker’s decision to publish the Hogan tape is questionable at best, regardless of whether you consider Hogan to be a public figure. The media company is known for its brashness, and has made several widely-condemned editorial decisions in its 14-year history. Thiel references these in his column for the Times, and it’s hard to argue that some of what Gawker has done—like outing Thiel, who is gay—is anything but despicable. But Thiel’s involvement in the Gawker fight is about much, much more than a personal vendetta. (Perhaps I should note here that I wrote a regular column about internet hoaxes for Gawker in 2014, and that the editors I worked with were consistently sensitive, smart, and receptive to even minor concerns about tone and fairness.)