Originally Posted by wehateporn

Look what happens when you annoy Thiel

"Thiel is locked in a grudge match with Gawker after the website outed him as gay in 2007. Resenting the intrusion into his private life, Thiel quietly funded a multimillion dollar lawsuit against the website by pro wrestler Hulk Hogan.

The lawsuit was successful and Gawker is now struggling against bankruptcy and is due to go up for auction later this summer. On Monday, Gawker editor in chief Nick Denton filed for personal bankruptcy after a Florida court refused to grant him an emergency stay on the verdict."