If it was evident to so many that the Ozy business practices were so slippery, why didn’t the truth come to light sooner?
Honestly, the way this one is playing out, it’s not going to be a surprise if there’s a second declaration of shutting down Ozy days from now … and then reopening yet again. It feels that unpredictable at this point.
And so all eyes are on Watson, a tarnished golden boy whose house of cards is collapsing all around him. Regardless of whether Ozy manages to continue in some form with or without him, his reputation has been ruined, and from how it looks so far, he has no one to blame but himself for engaging in shady business practices.
It will be interesting to see if a more complicated truth ever emerges. Perhaps Watson started out with the noblest of intentions for his business, consistent with the principles that animated Ozy’s mission in the marketplace. Perhaps somewhere along the way he saw that the business wasn’t going to succeed on its own merits, which then triggered his descent into deceit.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ozy Media CEO says company is still in business: ‘This is our Lazarus moment’Ozy Media is still operational despite initially announcing it was shutting down last week following a critical report about its alleged business practices.
Read more »
Carlos Watson Says Ozy Media Won’t Shut Down After All: “We Are Open For Business”Watson told NBC's 'Today' show that the company has reversed its plans to shut down after speaking with advertisers and investors.
Read more »
Ozy Media CEO Says Company No Longer Shutting Down: ‘This Is Our Lazarus Moment’The embattled digital media company is reversing course and will no longer shut down amid newly surfaced allegations about possible fraud and poor business practices.
Read more »
Ozy Media Not Shutting But “Open For Business” Says Carlos Watson; Takes Dig At Sharon OsbourneEmbattled Ozy Media continues to make headlines as founder-CEO Carlo Watson told the Today show that the company is not in fact shutting down as it had previously announced in the wake of a fast un…
Read more »
Ozy Is Undead, CEO Dubiously ClaimsEmbattled Ozy CEO Carlos Watson said the shuttered company is having a “Lazarus moment,” but it came as a surprise to the company's former employees
Read more »
Ozy Media CEO calls co-founder's impersonation of YouTube executive 'heartbreaking''Look—it's heartbreaking, it's wrong, it's not good, it's not OK,' CEO Carlos Watson said of the company's co-founder impersonating a YouTube executive.
Read more »