I'm glad that Pierre Omidyar, founder of eBay and tech billionaire has stepped up on Gawker's side. It's both opportunistic and correct. He's siding with the users. I wonder if anyone else in the Valley considered doing that?
In most industries and politics, the smart money tries to get aligned with the users, or at least appear to. Look at Slack's recent marketing. They talk about the amazing projects smart people do with Slack. Now think of what Thiel's funding of the Gawker lawsuit says -- "We really don't care what you know, as long as we don't get hurt." Assuming that Gawker has really hurt Thiel. If they did, why didn't he sue on his own behalf?
You'll know that tech has gained some maturity and has a vision when they compete to get on the side of tech users. As long as it's adversarial, their business built on a hollow foundation.