The venture capitalist and Facebook board member staked his reputation on a Trump presidency. Now what does he have to show for it?
Tag: Peter Thiel
📑 How Google and Amazon Got So Big Without Being Regulated | Wired
But now it was all for the best: a law of nature, a chance for the monopolists to do good for the universe. The cheerer-in-chief for the monopoly form is Peter Thiel, author of Competition Is for Losers. Labeling the competitive economy a “relic of history” and a “trap,” he proclaimed that “only one thing can allow a business to transcend the daily brute struggle for survival: monopoly profits.” ❧
Sounds like a guy who is winning all of the spoils.
👓 Gawker Set to Relaunch Under New Owner Bryan Goldberg (EXCLUSIVE) | Variety
The reborn Gawker comes under the ownership of Bryan Goldberg, founder and CEO of Bustle Digital Group, who was the winning bidder for the remaining assets of Gawker Media in July. Goldberg paid $1.35 million for the media gossip blog, which has been dormant for over two years after Gawker Media was sued into bankruptcy by Silicon Valley billionaire Peter Thiel. In a memo to Bustle staff Tuesday obtained by Variety, Goldberg said he has hired Amanda Hale as the new publisher of Gawker. Based in New York, Hale most recently was chief revenue officer of The Outline, the culture website founded by Joshua Topolsky (who previously worked at Bloomberg Media and The Verge) that recently laid off one-fourth of its staff.