Thiel sits on Facebook's board while funding secret lawsuits to destroy media companies. What's dangerous about tech billionaires having this much power?
Explanation
It's like owning all the roads and having enough money to blow up the cars you don't like. Thiel helps control Facebook - where millions of people get their news - while having the resources to bankru...
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Peter Thiel secretly spent $10 million to destroy Gawker after they outed him as gay. He hired lawyers, funded Hulk Hogan's lawsuit, and never told anyone he was paying the bills. What's this strategy called?
Easymultiple choiceAfter Gawker's destruction, journalist Felix Salmon warned that Thiel created a _______ blueprint that any billionaire could copy to bankrupt _______ media organization through coordinated lawsuits.
Easyfill in_blanksThiel paid his guy $25,000 a month to plan Gawker's destruction. They considered hacking emails, bugging offices, and stealing phones before deciding to stick with lawsuits. What does this tell you about how billionaires handle bad press?
Easymultiple choice
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