Monday, June 06, 2016

The evolution of Mr Thiel | The Economist

Another Peter Thiel perspective

"Yet Mr Thiel’s behaviour still gives pause, particularly his promise of “deterrence” for Gawker. He is using his considerable wealth to pursue a vendetta against it. What happens if other billionaires use their money to bankrupt news organisations, for example, simply because they happen to disagree with their politics? Mr Thiel is also helping to fuel a litigation machine that most of his fellow libertarians rightly regard as a scourge on American business and society. Mr Thiel is blessed with one of the most interesting minds in American business. The Gawker case suggests that it is evolving in an odd direction."
The evolution of Mr Thiel | The Economist
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