Ozy Media, exposed years ago for faking its traffic and exposed last week for trying to rope Goldman Sachs into a $40m investment by posing its own co-founder as a YouTube executive on a conference call, is no more.
— Read the restThe abrupt collapse riveted media observers not because Ozy had a large number of loyal readers — that, in the end, was the problem — but because many had wondered how the company had managed to survive.
