2min chapter

Founders cover image

#31 Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue and Zero to One: Notes on Startups, or How to Build the Future

Founders

CHAPTER

Does a Gawker Blog Really Need a $75 Million Lease?

Gawker had $75 million for a 15 year lease on three floors of new office space on Fifth Avenue. But they didn't invest their time and ability into a good presentation. The very next page, as I note I left myself, is companies routinely focus on silly things. Does a gossip blog really need a $75 million lease? They had millions to offer in settlement talks. And so now we are going to continue to see the contrast between what Gawker is doing and what Peter's side is doing.

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