Peter Thiel on Crushing Gawker in Court -- ‘One Of My Greater Philanthropic Things That I’ve Done’

From Breitbart Tech:

Billionaire Peter Thiel, PayPal cofounder and early investor in Facebook, called financing the $150 million crushing lawsuit against Gawker filed by former professional wrestler Hulk Hogan “one of my greater philanthropic things that I’ve done” in a revealing interview Wednesday.

“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,” he told the New York Times, telling them it was “less about revenge and more about specific deterrence.”

This is first interview Thiel has granted after it was revealed that he had helped fund former professional wrestler Hulk Hogan’s lawsuit against the gossip blog for posting a secretly-recorded sex tape.............

Thiel laid out his many reasons for backing Hogan and targeting Gawker:

• Gawker “ruined people’s lives for no reason.”
• Gawker’s articles were “very painful and paralyzing for people who were targeted… I thought it was worth fighting back.”
• Gawker targeted people who couldn’t defend themselves for destruction: “I can defend myself. Most of the people they attack are not people in my category. They usually attack less prominent, far less wealthy people that simply can’t defend themselves. Even someone like Terry Bollea [Hulk Hogan] who is a millionaire and famous and a successful person didn’t quite have the resources to do this alone.”
• Holding Gawker and specifically Nick Denton liable for “one of my greater philanthropic things that I’ve done. I think of it in those terms.”

Someone needs to fight back!