Guys, he's right about a rich man single handedly taking down Gawker. His name is Nick Denton.
A perfect example of that came to light during the Hogan trial. To show how horrible the site was, the lawyers brought up an article (written by the same person who posted Hogan's video) about a random person's sex tape (which may have been rape). The girl in the video begged for them to take it down. They did, but only after the Gawker editor had replied with "blah, blah, blah." You can't be the scum of the internet for long and not expect to get blasted.
I don't think the concern is that a billionaire can crush a company for exposing their private life like that. I think it's concerning that it takes a billionaire to do it at all, because that means the little people that don't have the money just have to live with it. That is the worse evil by far.
A perfect example of that came to light during the Hogan trial. To show how horrible the site was, the lawyers brought up an article (written by the same person who posted Hogan's video) about a random person's sex tape (which may have been rape). The girl in the video begged for them to take it down. They did, but only after the Gawker editor had replied with "blah, blah, blah." You can't be the scum of the internet for long and not expect to get blasted.