Gawker alumni are crowdfunding to outbid Peter Thiel for control of Gawker's assets

[Jorpho]

If we don’t raise enough money to buy the site, we will preserve the archive and launch a new publication under a different name. We’re bringing this back whether we have the Gawker URL or not.

It sure sounds like they don’t particularly need $600K, expect maybe to cheese off Mr. Thiel, which might not be such a bad goal.