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#266 - Billy McFarland - Fyre Festival Founder - Story Details, Lessons Learned, How to Go Viral, and His New Venture

#266 - Billy McFarland - Fyre Festival Founder - Story Details, Lessons Learned, How to Go Viral, and His New Venture

FromThe Fort - An Entrepreneurship Podcast


#266 - Billy McFarland - Fyre Festival Founder - Story Details, Lessons Learned, How to Go Viral, and His New Venture

FromThe Fort - An Entrepreneurship Podcast

ratings:
Length:
76 minutes
Released:
Feb 28, 2023
Format:
Podcast episode

Description

EPISODE #266 In today’s episode, Chris is joined by Billy McFarland, the founder of the controversial Fyre Festival event.The Fyre Festival dominated headlines in April 2017 when videos surfaced online promoting the festival featuring celebrities such as Kendall Jenner, Bella Hadid, and others.However, after suffering a series of management and administration problems, the festival was canceled after some guests had arrived, leading to a number of lawsuits and US federal investigations.Just six weeks later, Billy was the subject of an FBI search in his apartment and soon handcuffed and taken to jail, where he was eventually sentenced to 6 years imprisonment before being released early in 2022.Since then, Billy has started his newest venture, PYRT, which he describes as a “virtual immersive decentralized reality.”In today’s episode, Billy and Chris sit down to discuss what happened at the Fyre Festival, stories from his time in prison, why things go viral, and what he’s working on now.Make sure to check it out! Key Takeaways:Intro (00:00)How Fyre App began (01:38)What actually happened at Fyre Festival (07:36)What did Billy learn from the event? (14:32)The aftermath (17:38)First day in prison (26:39)How Billy got in trouble in jail (31:47)What did Billy do there? (44:05)Getting a second chance (54:25)The power of virality (59:19)Billy’s new venture (1:05:03)Additional Resources? Check Billy out on Twitter? Check out Billy's latest project: PYRT➡️ Learn more about Relay Human Cloud➡️ Fort Capital: www.FortCapitalLP.com➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: www.twitter.com/FortWorthChris➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The FORT on YouTube--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!
Released:
Feb 28, 2023
Format:
Podcast episode

Titles in the series (100)

The FORT host, Chris Powers, talks with leaders of businesses across real estate and a variety of industries. As the Founder of Fort Capital, Chris brings a unique perspective and style that allows for a meaningful conversation that dives deep into ideas and topics not regularly discussed. Chris covers each guests story and explores in detail the critical moments that led to success, failure, growth, and confidence. Chris also strives to ask questions that provide practical wisdom that all listeners can learn from – not just in business, but in our personal lives. Thank you for listening!!