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He's putting his Gawker money to good use.
Stealthily bankrolling the Gawker suit seems like a pointless waste of money on his part. The Trump thing makes him look even more foolish.
I upvoted the story and then it got removed. Then I submitted it myself and it got flagged and killed despite getting many points. Then it was submitted again, made the front page, but just got removed from the front page... What's going on?
I upvoted the story and then it got removed. Then I submitted it myself and it got flagged and killed despite getting many points. Then it was submitted again, made the front page, but just got removed from the front page... What's going on?
Maybe he just needed another write off?
He's putting his Gawker money to good use.
Thiel spent money on the Gawker suit. He receives nothing. Moreover, the plaintiffs have received nada yet and will probably receive nada after losing the appeal. Thiel will then be out a chunk of change but the Gawker flagship is out of business. Meanwhile Thiel is definitely out. Stealthily bankrolling the Gawker suit seems like a pointless waste of money on his part. The Trump thing makes him look even more foolis…
That whole affair left a dirty taste in my mouth. Denton and Gawker were textbook tabloid trash, but so many events pointed to Thiel being a puppet master pulling the strings (and Denton, however scummy, has a right to face his 'accuser'):
- after securing a win, withdrawing the cause that would have allowed Gawker's insurance to cover the damages (partially), thereby largely removing both Gawker and Denton's ability to pay damages, and;
- after Denton offered Bollea a share of Gawker, to be used so Bollea would get a share of the proceeds of the sale of Gawker (in light of the above), AND Bollea accepted this, a few words from Thiel-funded lawyers, and this, too, was withdrawn.
- Bollea settled with the person who actually leaked the tape to Gawker for FIVE THOUSAND DOLLARS. And instead got THIRTY THOUSAND TIMES that as an award from Gawker. Who wants to guess if his (or Thiel's, one and the same) lawyers didn't want a settlement?
Time for YC to take a stand and cut this guy loose.
That sounds like a lot, but it's still $23.75M less than he donated to Clinkle.
I upvoted the story and then it got removed. Then I submitted it myself and it got flagged and killed despite getting many points. Then it was submitted again, made the front page, but just got removed from the front page... What's going on?
Flagged again. Oh boy!
PG doesn't get to publicly disavow Trump AND keep this guy on the YC board. Which is it going to be?
"PG doesn't get to publicly disavow Trump AND keep this guy on the YC board." Why not? People who disagree can do business and even be friends.
Unless you're voting for Trump. In that case get out of here you deplorable racist bigot!