Before announcing that he was gonna run for Senate, Vance said that he was wrong in 2016 to oppose Trump, and around the same time, he got this $10 million dollar donation from Thiel to his super PAC. Vance, who’s running for Senate in Ohio was an employee of Peter Thiel’s and an investor in his fund. He didn’t formally endorse Trump during the 2020 election, but if you look at the candidates he’s supporting, they’re Trumpers: J.D. I also think that Thiel is a really savvy investor and he correctly diagnosed that Trump had a pretty good chance of winning and that there wasn’t a lot of downside to betting on him. The other part of it is, Thiel is very committed to the idea of being able to say the unpopular thing. If you look at his convention speech-which I think was a really good speech-he talks about Trump as this guy who’s gonna shake things up, who’s going to remake government, so I think that’s one part of it. Was it just the pure I’m going to shut down government aspect of Trump’s policies that he liked? It’s not something that happens accidentally.Ī lot of people were very surprised that this nerdy, gay, Californian son of immigrants techpreneur decided to support Donald Trump’s presidency. There’s this aspect of crypto-world now, where people are really excited about the idea of taking power away from institutions and governments and that’s something that Thiel and his libertarian brethren that were starting that company were really interested in.
He is also the person who basically set up Mark Zuckerberg to be Mark Zuckerberg and turned him into this imperial CEO, who is now, arguably more powerful than a lot of world leaders.Ī lot of people are really excited about cryptocurrency and you can connect it back to to PayPal, which is the company that Thiel co-founded in the late 1990s with an explicitly libertarian ethos. He was the first outside money in the company.
And a lot of people are super skeptical of Mark Zuckerberg, Facebook’s CEO. Obviously Facebook is one of the world’s largest companies a lot of people think it’s uniquely bad for the world. He’s this behind the scenes player, who is behind so many of the really important things that have happened over the last two decades. I think that Peter Thiel is secretly the most important person in Silicon Valley. Why should we care about Peter Thiel, apart from the fact that he is another rich tech billionaire and they’re all weirdly fascinating? TIME chatted with its author, journalist Max Chafkin. A new biography, The Contrarian, suggests that he is after more than riches. But honestly the Gawker brand of savagery seems almost quaint in our current internet landscape and pandemic life could use the shakeup.Paypal cofounder Peter Thiel is famous for destroying media outlets, not paying taxes, and being a conservative tech billionaire. A few years ago, added writer, director and actress Lena Dunham, “I would have said this was literally my worst nightmare and gotten under my covers for a week. “If blind items come back, I want people to know that they’re all about me,” Saturday Night Live cast member Bowen Yang said. The new version of Gawker offers up a handful of tangy items with headlines like “Do Justin and Hailey Bieber Hate Each Other?” and “Adam Neumann Spotted in the Hamptons with a Pizza and a Rabbi.” One post gathers impressions from a wide array of media and cultural figures reacting to the rejuvenation of the site. Univision ran the portfolio at a loss for a couple of years before unloading it in 2019 to a private equity firm. It wound up being acquired by Univision Communications for $135 million, on the condition that the original Gawker would remain defunct. Through most of its run, though, sharp writing and keen observation were Gawker hallmarks at a time of layoffs and retreat for media, and its demise left a sizable void.Īfter the trial, Gawker Media, whose other brands included Deadspin, Jezebel and Gizmodo, declared bankruptcy.
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Others viewed Gawker’s end as a proper comeuppance after a reckless series of decisions and more than a decade of gleefully walking up to, and sometimes over, ethical boundaries.
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Some saw it as a chilling sign, a beacon of free expression being extinguished by a mogul’s caprice and financial resources. The libel verdict prompted a wide range of reactions in the media business and in the culture at large. Gawker Suspends Operations Amid Bustle Digital Group Layoffs
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