Thiel shows why tech billionaires are the new robber barons
> Litigation finance is typically a business venture. It doesn’t become charity because a wealthy person uses it as a template for a personal crusade and then insists he’s doing everyone else a favor.<p>Why? Many cases brought by individuals or groups on moral grounds have led the way to better governance. A lot of good work has been done by groups such as the Electronic Frontier Foundation. Why should individuals or groups not be allowed to litigate moral changes? Who is supposed to do this?<p>What's lost in all of this is what the lawsuit was actually about. Gawker wasn't speaking truth to power and criticizing individuals. Gawker posted an illegally obtained sex-tape. These articles attacking Thiel framed as billionaire versus journalists doesn't even mention this fact. The question should be why you need a billionaire to fund a lawsuit to get some sort of justice.