Fyre Festival 2 Fiasco

Shaan and Sam discuss Billy McFarlane's attempt to launch Fyre Festival 2 despite their previous advice.

"Billy came on our podcast right after he got out of prison. I love that - other people get authors when they have their book tours, we get the post-prison guests. We got Shkreli, we got Billy - we get them first right out of prison.

Sam gave Billy some advice when he was explaining all these ideas for his business. Billy owes money - like 27 or 30 million dollars - and he was saying 'I'm gonna start this festival, we're gonna do this other festival.' We told him, 'Maybe you shouldn't do that. There's a lot of things you can do because you're famous, but Fyre Fest 2 maybe you shouldn't do that.' And he's doing exactly that.

An article came out today saying Fyre Festival 2 is off to a rough start again days after tickets went on sale. It's allegedly taking place on Isla Mujeres, an island off the coast of Mexico, but the local tourism board claims they have no knowledge of this event. The director of the tourism board says 'We have never had any contact with any person or company about this. For us this is an event that does not exist.'

If you look at the location they list for where it's gonna take place, it's in the middle of the ocean where there's no land. The most expensive tickets are $25,000.

Billy took to Instagram to address concerns, saying 'Fyre 2 is real. We have incredible partners leading the festivals. They're in charge of all logistics, production, operations.' The tourism board responded that the organizers didn't even bother to approach the authorities, which is strange because anyone organizing events knows you need municipal authorization.

No talent has been announced for the festival, but McFarlane responds, 'We have talent. Artists, athletes, and other performers are on board.'"

44:49 - 49:24
Full video: 52:37
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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