
On his fifth day at Oxford University, Australian law student Aron D’Souza attended a talk by Peter Thiel, the billionaire co-founder of PayPal. Afterwards, D’Souza showed him around campus. As they chatted about Thiel’s business, D’Souza asked him a question: what is the biggest problem you face?
Thiel replied with a litany of problems, but the top of the pile was the unwanted press he was getting from a media outlet called Gawker, which had outed him as gay. Thiel didn’t want the attention of taking Gawker to court, but D’Souza had another, more cost-effective idea: what if Thiel bankrolled someone else’s lawsuit?