The Mastermind Behind NYC's Newest Black Card
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- čas přidán 19. 08. 2014
- Aug. 19 (Bloomberg) -- Magnises CEO Bill McFarland discusses the company's new black card that grants special access to New York's most exclusive clubs and events. He speaks with Pimm Fox on "Taking Stock." (Source: Bloomberg)
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Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
Every day I come back to this video and remind myself that my failures are nothing compared to Billy's.
Ha, maybe I should start thinking like that....
He had many successes before the Fyre festival and will have many more in the future. Entrepreneurs make mistakes and he's paid the price for his, $25M restitution and 4 years jail time
Note to self: Don't blow giant rail of coke before interview
xactly
McSwegin q 🤣🤣🤣
🤣🤣🤣🤣🤣
McSwegin q right... he looks like he’s on drugs
Word.
2019 update: bill mcfartland is in jail.
tt703 mc“fart”land lol
Hahahahaha fucking hilarious
Everyone liked that.
He’s out now
His voice is so annoying.
Well he's in jail so you don't need to worry about it now
You get exclusive vip seats and cheese sandwich at Fyre festival after spending $13k lol
Count me in
Just don't ask for water or anything like that...
uhhh love me that MAGNISES cheese sandwich
He speaks in buzzwords
Even his talking doesn't sound real. He talks like he's narrating an action movie trailer. Not trusty to me.
I agree! Because he is like Elizabeth Holmes, narcissistic to the extreme.
His face screams scammer.
A real scammer, which he is, never has a face that screams scammer.
He sounds and looks like a used car salesman. You look at him and you can tell he's bad business all around.
What the fuck is his problem
Lmao
You called it. FYI: Billy is now in jail for being a fraudster.
“We don’t run credit, we’re just looking for interesting people” .....yea that sounds legit
I’m a technology entrepreneur but I’ve always been interested in payment tools and credit cards lmaooo
Hahaha
He has such an obnoxious face and way of talking. Annoys me to the core!
This is the result of someone who has rich parents who keeps telling him..."If you dream big enough, anything is possible!"
King Heart if I scam big enough, anything is possible even racking up wire fraud charges!!
💯
Disagree. No idea on his childhood experiences but I will say he’s an extremely talented and driven entrepreneur, just has an evil side that prefers greed over a positive reputation as legacy
@@chasepickett729 How the fuck is he extremely talented when he ended up in jail.
@@chasepickett729 He was the son of ultra-rich real-estate developers in NJ and started grifting in the first grade, when he would sell individual crayons, for a dollar, to other rich kids spending their parents money.
At 13 he started running international online scams.
His only entrepreneurial skill was the confidence generated by his endless ignorance.
Lol this didn’t age well
I don't get it.
A technology entrepreneur, what technology is he into? Fraud?
What kind of technology “entrepreneurs” all have to split up their dinner bill AND use their credit cards to pay?
I remember seeing this when it aired and thinking “this guy is frickin suspicious.” POS confirmed.
All those entrepreneurs he was with and none of them said “i like the travel benefits” or “it’s a great business owner card”
smart kid , next elon musk
Nest up on Bloomberg...interview with a woman who has a company that can do blood tests with a minute drop of blood !!!!
LOL Yeah it was a great idea to create a card that is nothing but a copy of your EXISTING card and grant access based on how "cool" and "interesting" the users are. Nothing says I've made it like pulling out a hunk of metal with a 500 CL on it LMAO!
This guy sounds legit. Where do I sign up?
Bahamas
Let me show you to your Villa as you wait for your table .. oh hell, just grab a tent ..it's cool.
Lmao dead
How did anyone think this was a good idea? lol this is insane!
Millennials inherited all the wealth and productivity of The Greatest Generation but a few other things fell through the cracks.
Is this also for "the average loser" ?
I'm just a regular dude with no special powers. Why can I spot a scammer from miles away and others can't? Mind-blowing that people constitutionally incapable of detecting insincerity roam the earth, gen after gen. Terrifying. With such far-reaching tragic consequences. I'll leave it at that. Extrapolate as you see fit.
I so agree with you. I watched the Netflix documentary last nigjt and I just could not believe how naive people can get. You can tell by the way some people smile that he is fake.
He's a terrible entrepreneur and a scammer to boot, but he did deliver the most (in)famous cheese sandwich.
So basically this card function like a normal debit or credit card but it’s cooler?????
yes thats why he markets it to millenials
This one time... at band camp...
This aged like fine milk.
This has aged well
i dont understand how this jabroni ever sold anyone on anything. dude barely enunciates when he talks. he speaks in the same manner as an excited little kid. can hardly understand him.
Where can I get mine?
What a great idea. How's Billy and Magnesis doing now in 2021 ?
Well. Let's just say he's maybe not finding coke so easy to come by.
All the perks for this card were supposed to be funded by a lousy $250/yr membership fee? (The marketing guy at some point claimed that was "only" 70% of the revenues, but how would that be spit for these private cars and the "clubhouse"?)
So instead of checking your credit score and credit history he meet’s with you to see if you are cool and interesting enough to be part of his credit card community? I feel sorry for the people with great credit that got rejected because they weren’t interesting enough
F*in ell. He makes don jr look clean in this interview.
İ heard billys new penthouse is a mini room with one bed and cells
Oh boy!!! This aged like fine milk
This video aged like fine milk
Lol he sounded great speaking at first then said credit card and payment tools 😂😂😂
Thanks, I just had to take a bath in hand sanitizer after watching that
Is this Elizabeth Holmes brother? Kevin Trudeau's son?
Well, this aged well! 🤣🤣🤣🤣
LAME!!
FYI: This guy is now in jail for fraud.
You were ahead of the game haha
“If you think about the universe long enough, ANYTHING can happen!”
He should marry that he/she from Theranos.
He's so excited!! 😂😂😂
This aged well.
He said financial and finance sectors... its almost like technology, finance, and entertainment are the only viable industries... so he just repeats them
He’s a great salesman though, I think he got in over his head on the festival but you can’t deny he’s a fantastic marketer and salesman... If I recall correctly he’s not allowed to stand as CEO or Founder of another business again, as per terms of his penalties. But I think we will def hear from him again
When you don't have a problem with lying right in someone's face and you have no intention of delivering on your promises, it's pretty easy to make a great sales pitch.
And yes, we will probably hear from him again. Guys like him never learn.
@@photostudio5861 Clients like his never learn, either.
Except he's broke and no one smart will give him a dime in investment. Plus his name is radioactive so no one wants to be associated with him.
@@photostudio5861 you called it. He’s out of prison and trying to do another music festival 😑
@@tuz345 He's playing the odds. It can't possibly go wrong twice.
I'm from the future! And I'm here to warn people about Billy Mcfarland. In 3 years give or take he will create something called, Fyre Festival, SHUT IT DOWN
I bought cheese sandwiches with them
To this dat scientists are still calculating the lower jaw articulation.
🤣😂👍 Best comment so far!
This did not age well.
Billy is a legend
Alot money going to be wasted
Wonder if he knows it by now all still blind
FYI: Billy is now in jail.
@@Sam-dc9bg
No need to be rude... this dude Toma Toma predicted it.. you don't think he knows Billy is In jail... take a deep breath sammmy
So many buzzwords, so little substance
This aged like week old milk.
Probably his best feature is bleached teeth. Beyond that, there's nothing there. This guy is talking about nothing.
Mastermind 🤣
2020 update: Mcfarland still in jail and caught covid in prison July 2020
I predicted dislikes even before I clicked on this video.😂
Guy makes technology entrepreneurs look bad
He is in jail now lol
What does this guy do after jail ?
billy make a history about this card & the fyre fest
Well, if this is what it takes to get onto Bloomberg ...
I love that this dude is in jail
Exactly.
That smile was a red flag
There’s absolutely nothing behind his eyes..
Cool, solid dude. I'll buy one.
I think this guy could throw a fire festival!
I smell something burning 😂
No substance behind his whole statement
Apart from a sh*t load of coke...
But plenty substance before it
This guy is a Kevin Trudeau in the making...
If I don't understand it not buying it and I don't understand it
Quarantine 2020 has me reaching fraudsters. It's an interesting rabbit hole.
Paypal FTW
"I was at dinner with 10 or 15 other entrepreneurs". Yea thats a MEGA redflag.
And now the con is in jail.
Its a scam
Wow, what is he on? I read others reviews, I agree…..coke? I couldn’t handle being next to a guy that speaks like this for more than 5 minutes. No wonder, everything makes sense of why he is who he is.
Lol what a scammer
Wow i really hope this worked out
This is a joke.
A CON-FIDENCE MAN emphasis on con.
Anybody doing the math from the background? Business not worth even a million, has more monthly applicants than current members, and why would there be a waiting list if your'e trying to build clientele? He's always scheming to make something "exclusive" and he's just not special enough to.
I bet he was trying to imitate Facebook, that origin when you had to be a Harvard attendee so it seemed so exclusive.
Yeah yeah, the private clubhouse and 'exclusive events', sure
He is in jail
This guy should have waited to get rich before getting into cocaine. It clearly screwed him over big time.
YOU PC BRO?
I am 48 and have known a few sociopaths through my working life and without exception every single one of them was extremely attractive facially - that is they all had extremely symmetrical faces.
I do wonder if there is something of a genetic correlation between narcissism/sociopathy and facial features.
He is NOT attractive facially or any other thing-ly lol
@@mkuroglu He does have symmetrical facial features which is what traditionally is recognised as an attractive face. Now if you don't find his face attractive that does not invalidate what is generally described as "attractive" - which is symmetry.
Slartibartfast actually i read about that but i really dont see his face very symmetric i guess it is how i see him, for ex his nose is crooked and i think one cheekbone larger than the other
@@mkuroglu I think you are more visually perceptive than me, I now see what you mean about the cheeks and nose.
Slartibartfast hehehe i am just trying to understand if his evilness makes me see him as ugly but really there are some imperfections with his face :))
Bright kid. He'll go far.
In prison
I'm gonna,sign up
Straight up CON MAN!!
This is the millenial poster child. Scammed them all silly!! 😅😅😅
Welcome to the jail
He looks so phony.
Man I wonder how much money he scammed from people
Scammer