- A leaked sales deck for 2017’s Fyre Festival contains the pitch CEO Billy McFarland gave investors ahead of the failed event.
- The sales deck contains misleading information about Fyre Festival and has been described as “beyond parody.”
- McFarland got investors to pump $26 million into his company, money he was ordered to forfeit after he was sentenced to six years in prison for fraud.
A leaked sales presentation from Fyre Media reveals the pitch CEO Billy McFarland gave investors in the lead-up to 2017’s failed Fyre Festival.
Fyre Festival was advertised an upscale music festival in the Bahamas, complete with luxury beach villas, gourmet food, private jets, and supermodels and influencers galore.
The experience customers received was the polar opposite, as anyone who watched the disaster unfold online or saw either of the two recent documentaries about the event knows.
McFarland was sentenced to six years in prison in 2018 after pleading guilty to wire-fraud charges. He was ordered to forfeit more than $26 million that investors had pumped into Fyre. He’s since been released and has floated the idea of a “Fyre Festival II.”
A 43-slide sales deck containing Fyre’s investor pitch contains many of the exaggerated claims and outright lies that would eventually doom the festival. The pitch deck was first reported on in 2017 by Vanity Fair’s Nick Bilton — who uploaded the full deck online — and recirculated on LinkedIn.
Read on to see some of the most shocking, outlandish, and surreal slides from the Fyre Festival pitch deck.
Read the full article here
