Billy McFarland on Fyre Fest fraud, failure, hacking, & the long road back | E1730
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- čas přidán 7. 06. 2024
- (0:00) Jason kicks off the show
(1:36) Reflecting on Fyre Festival
(6:57) The origin of Billy’s charisma & communication
(11:31) Billy’s first experience with computers
(12:29) Vanta - Get $1000 off your SOC 2 at vanta.com/twist
(13:46) Spling
(14:40) Billy’s experience in solitary confinement
(17:52) The origins of Fyre Festival
(25:34) Pilot - Get 20% off the first 6 months at pilot.com/twist
(27:06) Billy’s behavioral changes
(29:02) Fyre Festival ticket sales
(30:41) Fyre’s board of directors
(36:22) DIY Syndrom
(39:28) Hyperice - Get $50 off your order of $150 or more with code TWIST50 at hyperice.com/
(40:57) Billy’s early release from prison
(43:37) Billy’s prison experience
(46:22) The final moments before Fyre Festival
(50:44) Can we trust Billy Macfarland 2.0?
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#startups #entrepreneurship #investing #angelinvesting #tech #news #business - Zábava
I think this is your BEST EVER interview Jason - you should get an award for this one.
(Judging this on the basis that I’ve watched EVERY twist episode….)
that means a ton coming from you!!
I really appreciated this interview - thank you Jason for taking the chance, and Billy, wow, very impressed with your honesty. So many warning signs for founders, and people who work with founders, to be aware of. I think the fixed date/compelling event of the Frye Fest caused things to come crashing down in a burst, but for businesses trying to ship/launch, or even make payroll, the pressure can be intense and the desire to cut corners is powerful.
It was a great interview and different change of pace than the usual. Wish him the best.
thanks! we thought that approaching the fyre fest from a startup perspective would be helpful/enlightening for listeners -- and we're thankful to billy for being so open with us.
@@startups Agree. Society spends so much time and effort canceling people and not giving them a chance for redemption. Billy did his time and I hope he comes out on top.
This was probably one of the best interviews you have done Json. People, especially founders need to hear the other side. +, you maid a good point, maybe there are some listeners that needed to here this one. Thanks, bro!
My first reaction was don't give this guy airtime, but I watched the full episode and it was excellent.
thanks for the feedback!
he's charismatic, him being charismatic is irrelevant to his crimes and what he has done.
he fooled you though.
Great interview! I’m glad you had him on. You made the right decision.
Jason - really great interview. thank you for going for it
Great episode, Jason. I believe you made the right choice to interview him. It’s a hell of a cautionary tale. However, do I quite believe he’s changed? Unfortunately, no. Though time will tell. Regardless I appreciate his candor. Ps… The irony is he weaponized his intelligence against himself…
You should send this TWIST Podcast to the body language experts of The Behavior Panel podcast.
It's interesting to hear from Billy's perspective, seems like he's genuinely remorseful. Props to him for wanting to pay it all back.
Man, that headshake at 56:00 is sus..
phenomenal interview
Great pod Jason
To confess your faults is the hallmarks of a sound mind
Especially when you're an incompetent failure lying bastard.
Great ep!
What mic did you send him? Im looking for a cheap mic to get setup recording vids.
Enjoyed the episode. Entertaining & informative on many levels and I think completely in the TWIST wheelhouse.
Wasn't expecting him to take full ownership of this disaster, but I anticipate Jason would have quickly called him out for anything less.
Occurred to me that he doesn't fall into the Ivy school educated family category that seems to be a trend among premeditaed fraud (dont believe this was premeditated - FWIW).
This was a really good episode! Jason, some of the expressions you made. 😊
:) that's why we keep the two shot up!
No Jason. No. People don’t change without action to back it up.
Can’t wait for this listen!!
it's worth it
What a charismatic guy. 👏
He is going to try it again. He knows he can't really focus on a profit on this one; and so they'll put everything into it for a great show ( relatively speaking) this time. Next time, water will be $35 a bottle, toilets will be $4.00 per release.. everyone will get gouged on the second one ( third attempt)
BTW... as far as I can tell , I never felt like he purposely defrauded anyone. I believe that he really had the idea, but had trouble turning it into a product; which is the issue most have.
But, he is also a sales guy - maybe not as much as he is a marketing guy - but he is into sales.. and he might just be really good at lying.
guys like him can't help it
You don't need to be a shrink to know that Billy thrives on success and accolades. Not failing nor the attention that comes with failure. Yes, he enjoys the current attention and press he is getting, as he does crave the limelight, but he doesn't prefer it this way. He does care if it is positive attention or negative attention. Again, I am not a doctor, and it took Billy 4 years in the clink to understand this himself, he is not done with swinging for the fences! I do sometimes act as a LifeCoach to people who look to me for advice, and I can say, as a professional Event Planner, I have kept up on the Fyre Fest and have enjoyed every minute. I am here for it! Schadenfreude is a drug and hard to stay away from.
Billy may come up with another big idea! Even Fyre Fest was not a terrible idea. But executing the idea is another story. It isn't about Manifesting--it is about planning. Managing expectations. Worrying about the details. The devil is in the details, as they say.
And they were right!
As I said, I am not a shrink. I am also not Magellan, but Short Hills is New Jersey, NOT New York! Sorry, Jersey boy, but I just spent 5 munutes rooting for you... and now I don't believe a word that comes out of your mouth! THAT is how fast you lose your second chance!
Absolute legend in the building today. 😂
I’d go to the next Fyre festival. It seems like an awful idea, but I understand his drive to make things right and prove he CAN do it. Shkreli next!! He actually seems like a relatively good guy.
It’s the thrill of the con for folks like Billy. It’s pretty remarkable. Though I admit I’m not as easily impressed as the rest of you folks lol
good to hear the other side. hard to take it at face value though.
Don't justify being a liar. This guy will be back in prison within a few years.
Give me a break on the failure....I love my company bullshit. Don't write this guy a check Jason...
Jason getting snowed? 😂 maybe. Nonetheless it’s a great interview. ❤
I wouldn’t be surprised if that guy could write a line of code in scratch
I find it mind boggling that this guy at the get go lied about where he grew up... Short Hills in NY when he knew it was in NJ. Then when I heard he had been in Solitary Confinement, I immediately gave him the benefit of the doubt and assumed it was a situation where he requested Solitary for his personal protection. But... Again he tells the real reason why he was in Solitary, he broke the prison rules by running an illegal enterprise over the pay phone. He's a liar and just these instances and I'm sure there's many more lies that came out and will continue to come out of this sociopath-type. By the way, I'm sure this guy read everything about you Jason to butter you up and charm you with the "happenstance" of your commonalities. He's a liar and I would not be surprised if other"misguided" decisions. Once a liar always a liar.
didnt he say in there somewhere he was in a maximum security prison? he went to a minimum security....
Maybe he should run Davos...
See this was an interview n a move that would’ve seemed unthinkable with Molly on the show…. She’d have somehow tied it to republicans. Great ep, JCal
Bleh
I feel for Billy, lol 😂 cuz man this is the 3rd podcast I've listened to were he just have to take the fact that he really Fu*cked up.
I can't even watch this video, the title alone it's just too much
I mean he served in jail
Isn't jail a sentence for rehabilitation?
He did the time, should his time be permanent?
Going to watch some movie today perhaps, not sure if there's documentaries on the topic
As "charismatic" as the nikola guy. Why is that not common sense?
He hasn't ever been an entrepreneur, or above water. he's only ever been a professional liar who has pretended to be an entrepreneur. He was a liar and a conman with his Magnisus "business" and continued with Fyre. I dont think people call him "inmate McFarland" to get at him, its simply an accurate title. Unlike calling him "business man McFarland". Also, what about the lady who spent all her own money and lost it trusting you to pay her for catering? She wasn't a "professional investor" who should have known better. This interview is ridiculous.
Was this clown even in Maximum Security prison? I guessing he was either in Minimum Security or Medium Security. Based on my viewing of numerous Law and Order episodes, gang leaders are not in minimum or medium security prisons.
McFarland is NOT charismatic. He’s like a robot. His cadence is stilted, stiff and unnatural. What is the deal with super smart people repeating this “Emperor wears a lovely suit” mirage???
Maybe the notorious BMF, Billy can organize the all in summit 2023, good interview a lot went wrong
JCal won't even give Sacks an hour.