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The Leaked Fyre Festival Pitch Deck Is Beyond Parody

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Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#73

Post by dreamcompiler »

aaron695 wrote: post #70

Sorry, but I loved the pitch, it's a pitch not a business plan, it's a bit silly but it's also exciting. Sorry, I love the idea - "Throughout the next five years, we will traverse the globe to find untouched lands and convert them into unparalleled experiences. Fyre will work to bring life to each region.' What's with all the hate? I wasn't even that expensive for a concert, a lot of people from overseas pay that amo…

Maybe because it's a couple of clueless rich bros trying to marry Burning Man with Goa and completely missing the point of both?

Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#75

Post by robryan »

anigbrowl wrote: post #56
ceejayoz wrote: post #40

Earlier quoted context omitted.

> All of this may appear incredibly douchy, but they had a viable business model. Where, exactly, did the viability of their business model get demonstrated?

'Find cheap land and exploit it' has a long if not exactly distinguished history.

In this case it is arguable whether it was actually cheap, after having the transport everything to a remote location.

Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#76

Post by bleair »

The slide deck contains words like ideate... I wonder if these slides will _inspire_ VCs in the bay area and/or the show Silicon Valley... as I understand it they did raise a lot of capital and even if they are forced to give 1/2 of back that's a pretty good return for not doing any actual work.

Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#77

Post by cyphar »

walrus01 wrote: post #64
pavement wrote: post #48

Earlier quoted context omitted.

1 Light Year = Pepsi Planet 2 Light Years = Pepsi Galaxy 8 Light Years = Pepsi Universe Man, that's a small universe. To be fair though, it's clearly marked as an unfinished draft.

I much prefer the Pepsi Parsec as a unit of measurement.

In all seriousness, parsec is a horrific unit of measurement. It's really annoying how many non-SI units are used in Astrophysics literature. For me the most insane one is that some Asteroseismologists (study of variability in stars) use cycles per day as a unit of measurement as opposed to uHz (the conversion factor is around 11).

Re: The Leaked Fyre Festival Pitch Deck Is Beyond Parody

#79

Post by greenleafjacob »

will_brown wrote: post #42
vectorpush wrote: post #37

Earlier quoted context omitted.

I think HN just has a low tolerance for willful incompetence, especially when charging gigantic fees to the consumer. As has been pointed out by other articles, despite many warning signs that this festival would be impossible to pull off as advertised, the organizers continued to crank the hype machines into turbo mode while slurping up cash from consumers till the last minute. It's a scam.

Well if you think about the fact that almost every startup that goes through YC raises probably $1M+ after demo day, and 9 out of 10 investments likely to lose, but hey move fast and break things as long as it's not a concert for rich people. In fact your comment could just as well be about many "unicorns" in tech who seem far more than willfully incompetant (e.g. Theranos; Uber); or according to who you ask Etherium…

Uber had over 5 billion dollars in net revenue last year. Theranos had zero.
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