Peter Thiel Confirms He Financially Backed Hogan's Legal Battle Against Gawker

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Hulk Hogan

Billionaire Peter Thielconfirmed earlier reports that he financially backed Hulk Hogan’s legal battle against Gawker. Speaking to The New York Times, Thiel commented:

“It’s less about revenge and more about specific deterrence,” he said on Wednesday in his first interview since his identity was revealed. “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.”

In 2007, Gawker’s Valleywag blog outed Thiel as homosexual in an article that was titled, “Peter Thiel is totally gay, people.”

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