Posts Tagged ‘Peter Thiel’


Here’s a post from one of our favorite sites, Slashdot:

Mark Zuckerberg has decided to keep billionaire VC Peter Thiel on Facebook’s board of directors. The decision comes after weeks of controversy over whether it was appropriate for billionaire Thiel, who recently admitted to secretly funding a campaign of third-party lawsuits to bankrupt Gawker Media (more relevant but paywalled link), to remain on the board of a company that now plays such a powerful role in publishing. From a Gizmodo report: At Facebook’s annual shareholders meeting today, every board member was up for re-election. The decision was made by shareholder vote, but ultimately fell to Zuckerberg, who controls more than 60 percent of the total voting power on the Facebook board.