In March, Hulk Hogan won an invasion of privacy lawsuit against Gawker, a pioneering Internet gossip website. The litigation came after Gawker published a sex tape featuring the professional wrestler. Faced with a $140 million judgement, Gawker may have to shut down if it cannot win its case on appeal.
But Hogan wasn't the only winner in the litigation. Peter Thiel, the PayPal co-founder and conservative tech entrepreneur also came out on top. Thiel, it was revealed last week, had secretly funded Hogan's lawsuit at the cost of $10 million -- as revenge for being outed by Gawker's Silicon Valley-focused blog, Valleywag.