This Week in Startups OZY Media’s deception, VC retirement, Clubhouse’s monetization problem with The Verge’s Ashley Carman & more | E1292
Sep 28, 2021
Ashley Carman, a Senior reporter at The Verge known for her expertise in the audio industry, joins the discussion about the shocking deception behind OZY Media's investment efforts. They delve into the implications of misleading metrics and transparency in media. Carman also addresses Clubhouse's ongoing struggles to monetize its platform, highlighting creator dissatisfaction and the shift towards more established platforms for better financial opportunities. The conversation reveals the intricate dynamics of the evolving creator economy.
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Ozy Media Deception
- Ozy Media's COO impersonated a YouTube executive during a Goldman Sachs investment pitch.
- This deception involved altered voices and fabricated metrics, highlighting a potential case of fraud.
Media Bias
- The lack of early media coverage on Ozy Media's fraud might be attributed to the founder's race.
- Some media outlets are hesitant to criticize Black media executives, fearing negative repercussions.
Detecting Fake Metrics
- Scrutinize YouTube metrics like views, comments, and upvotes to detect potential manipulation.
- Inflated views with low engagement can indicate bot activity or purchased views.