Ozy Media: Pivot to Fraud
Ozy Media: Pivot to FraudUpdate: 2023-09-25
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Carlos Watson is a Stanford Law School graduate with big Silicon Valley connections and even bigger dreams. When he pitches investors on his idea for a Millennial-focused news website called Ozy Media, it seems like a sure bet. It’s the early 2010s, and Internet-focused media start-ups have generated tons of buzz – and more importantly, tons of clicks. But Carlos doesn't actually know what he’s doing. And when Ozy fails to attract the readers he’s promised his investors, he decides to ditch the business of truth-telling and go rogue.
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He's referring to Tylenol remaining a household name despite the tampering crime of 1982 in Chicago, which led to seven deaths.