3 ms·
Ozy Media loses an early investor
- htrp 5y ago> The bottom line: An investment in Ozy has become a reputational headache. SV Angel took the most extreme step, but others are distancing themselves, both publicly and privately. SV Angel is surrendering shares (and writing down its investment) because the story has blown up and people are asking questions about why someone literally committing securities/wire fraud is allowed to be let off the hook and the incident written off as a "mental health crisis"