Gawker Swings Back At Peter Thiel

As the founder of Gawker, Nick Denton, looks to sell the journalistic empire in the wake of a $115 million legal judgment against the firm, was the real motivation behind the “Hulk Hogan lawsuit” the destruction of a journalistic enterprise? Is Gawker a gossip site discussing private sex lives or does it have hard journalistic value? The lawsuit ostensibly brought by Hulk Hogan (Terry Bollea), but later revealed to have been bankrolled to the tune of nearly $10 million by Silicon Valley libertarian Peter Thiel, was followed by reports of Gawker Media exploring strategic options, including a potential sale, The…