“Traffic”: Ben Smith and the Death of the Social Web
Slate Money
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The CPMs Gawker
Gawker was in business before Peter Thiel put it out of business, which I just want to point out is four years longer than Peter Thiel's hedge fund,. Clarion Capital is in business after it famously imploded and Gawker wrote about it. There is a pretty compelling story that the thing that Peter Thiel hated about Gawker was the reporting on Claryom much more than the reporting on him being gay. The mortgage portfolio was 19 billion dollars lower than its book value. And they only had core regulatory capital of 14 billion dollars. Next week we'll be talking more about first Republic bank.
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