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Silicon Valley Billionaire Linked To Gawker Lawsuit Once Gave Big To Press Freedom

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Bradley James
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But Thiel, who made a fortune as co-founder of PayPal and an early backer of Facebook, expressed his distaste for Gawker in the past after Valleywag, its now-shuttered tech gossip blog, outed him before he came out as gay.

I want to help the CPJ defend the rights of online journalists.

So there s a disconnect between Thiel s libertarian streak, his support for a candidate with little regard for the First Amendment, his contributions toward press freedom and his reportedly funding a case that could bankrupt a media company.

Gawker has long argued that publishing a snippet of a sex tape in 2012 involving Hogan aka Terry Bollea is protected under the First Amendment, and the company is currently appealing the March decision.

If you re a billionaire and you don t like the coverage of you, and you don t particularly want to embroil yourself any further in a public scandal, it s a pretty smart, rational thing to fund other legal cases.

But the media company highlighted the billionaire s past support for press freedom: A board member of Facebook and a major funder of The Committee to Protect Journalists has been secretly funding a legal campaign against our journalists.

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