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Here's what's happened in Ozy Media cofounder Carlos Watson's trial so far [Fortune]
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The celebrities were among the crowded cast of A-listers who interviewed (or were interviewed by) Watson as his digital media company—which included newsletters, podcasts, and even an “Ozy Fest” event—appeared to be on the rise. Today, there are no celebrities on-hand or VC backers writing big checks. And interviews about Watson and Ozy Media are taking place on the witness stand in a Brooklyn courtroom. Ozy itself has ceased operations ( first in 2021 , then again in 2023) and Watson is on trial facing criminal charges that include “conspiracy to commit securities fraud and conspiracy to commit wire fraud.” We've been getting updates from the trial, and there's been a steady drip of notable developments that I suspect are of interest to Term Sheet readers. The biggest involves Google CEO Sundar Pichai, who testified last week that, contrary to Watson's alleged claims to an investor, Google never offered to buy Ozy for $600 million. Though Pichai said Google at one point had co
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