In 2007, Thiel's feud with Gawker began when the now-terminated blog site published a story with the headline "Peter Thiel is totally gay, people." As the feud continued, Thiel went on to open two ...

The parent company, Block.one, is steered by Brendan Blumer and has the backing of Peter Thiel and Richard Li. Alan Howard initially backed it but later sold his stake, according to the report.