Interest in financing lawsuits as a business opportunity seems to be growing even as prominent Silicon Valley entrepreneur Peter Thiel draws flak for financially backing the lawsuit that shut down Gawker. As Silicon Valley Business Journal’s...Show More Summary
Peter Thiel and Donald Trump have both made their distaste for the media known and now a lawyer they both employ is scattershotting defamation lawsuits on Melania's behalf.
OCEARCH. We’ve found the first-ever Great White Shark breeding site: “After 26 expeditions, Ocearch said the birthing site in the famous waters off Montauk, Long Island is the most significant discovery they’ve ever made.” 2016 ELEC…...Show More Summary
Legalist is a startup founded by Thiel Fellow Eva Shang and Christian Haigh, backed by Y Combinator: it will use data-mining to identify people who have been legally wronged by deep-pocketed aggressors and offer to finance their litigation in return for a share of the winnings. (more…)
The comedy genius behind Beavis and Butthead, King of the Hill, and the Emmy-nominated HBO series opens up about the tech world, MTV Classic, and much more.
A new firm with links to Gawker Media demise hero Peter […]
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If Peter Thiel was trying to convince the world he wasn’t a lawsuit-happy nerd, this probably isn’t the best way to do it. Reports today detail Thiel’s latest investment, a $100,000 Thiel Foundation grant to a company, Legalist, that makes trial-by-algorithm a real thing. Show More Summary
In courtrooms across America, investors are making money through litigation financing. The process allows investors to cover the cost of a lawsuit in exchange for a share of the financial settlement. Read more...
SILICON VALLEY — Peter Thiel's funding of Hulk Hogan's lawsuit against Gawker showed many Americans, apparently for the first time, that civil lawsuits are sometimes heavily backed by people who aren't personally involved in the cases. It's...Show More Summary
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As Gawker enters the dustbin of history, people still don't seem to understand Peter Thiel's strategy.
A Silicon Valley startup is weaponizing the weaknesses in the American legal system as an investing opportunity.
It's a startup idea that looks like it's ripped straight from the headlines. This summer, Forbes revealed that tech luminary Peter Thiel had secretly been backing Hulk Hogan's lawsuit against Gawker. It was a wake-up call that people...Show More Summary
And so it begins. Proud gay Republican Peter Thiel has officially set a new precedent. After using his billions to bankroll Hulk Hogan’s lawsuit against Gawker Media, which resulted in the company being sued out of existence, other self-proclaimed members of America’s billionaire class are now following suit. Show More Summary
Ex-Gawker editor A.J. Daulerio has asked the judge in the lawsuit that's embroiled his former employer to allow him to keep his phone, laptop and clothes and he moves to California for a new job. Daulerio is the only defendant in the case, brought by Hulk Hogan against Gawker and its founder Nick Denton, who hasn't filed for bankruptcy protection.
All good things must come to an end. Including Gawker. “Gawker.com is shutting down today, Monday 22nd August, 2016, some 13 years after it began and two days before the end of my forties,” the site’s founder, Nick Denton, writes in the site’s official obituary published yesterday evening at 5:30 p.m. “It is the end of an era.” [...]
Gawker.com, the pioneering and controversial media blog, officially died yesterday. It was killed by billionaire Peter Thiel in his successful quest to bankrupt Gawker Media Group through a series of lawsuits he funded – most notably wrestler Hulk Hogan, who sued over the publication of a portion of his sex tape four years ago. (more…)
Charles Harder is the California lawyer who likely will forever be known as "Peter Thiel's lawyer" after Thiel helped set up his own law firm with the "focal point" of hunting for any lawsuit that might destroy Gawker. It appears that Thiel is happy to share his pet lawyer with his new best buddy, Donald Trump, or Trump's wife, Melania. Show More Summary
Silicon Valley tycoon Peter Thiel and Nevada rancher Cliven Bundy have nothing in common, except Libertarian philosophy and a disregard for democracy.