The Leaked Fyre Festival Pitch Deck Is Beyond Parody
vanityfair.com
vanityfair.com
Doesn't look any different from media marketing I've seen for things that were successful.
Want to see the pros? Sit back and watch Arnell take it (and Pepsi) to the next level: https://www.goldennumber.net/wp-content/uploads/pepsi-arnell....
There's literally a slide that references "light path with gravitational pull" -> "gravitational pull of Pepsi", "relativity of space and time" -> "Pepsi aisle."
Or the slide referencing the expansion of the universe to explain "the Pepsi orbits"
Among my favorite documents of all-time.
The fact that this cost 1M is what takes all the fun out of it. My guess is a mid-level designer scratched something out in a few weeks and then they said: well, shit; we need to make it look like we spent a lot of money and time on this. Get some nerds in here and have them write down some geometry phrases.
It's actually depressing once you think about it how much companies will pay for bullshit like this and very little for other things. Salesmanship I guess.
EDIT: I have confirmed this is from a real creative agency, but was purely for entertainment and was not a real pitch deck.
http://www.newsweek.com/crazy-genius-brand-guru-peter-arnell...
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.Hey, I know some people with astronomy degrees that'll take a high six figure salary from a BS marketing agency to be their on staff astrophysicist. 4 hours of real work a month, tops.
- Never acknowledge the existence of Pepsi.
- Always be classic.
- Always be timeless.
I think brands that work well do so because they keep a simple message and avoid the allure of self-justifying marketing people.
Also, they both taste like garbage. Drink coffee, instead.
And now i'm anxious and sitting on the toilet.
Step 2: ???
Step 3: Profit!
This paragraph is amazing, I bet you can find an anecdote pretty similar in the startup world..
Well, mission accomplished I suppose.
> They overlooked so many very basic things. And baby, they forgot to make me sign an NDA.
What are the odds that they made plenty of legal mistakes in addition to the logistical ones? I would bet that everyone involved in this will have a very bad time over the next few months and years, and anyone who backed it financially will think harder before committing serious money when all they've seen is a slick marketing campaign.
;)
Grandiosity with expectations of superior treatment from others
Fixated on fantasies of power, success, intelligence, attractiveness, etc.
Self-perception of being unique, superior and associated with high-status people and institutions
Needing constant admiration from others
Sense of entitlement to special treatment and to obedience from others
Exploitative of others to achieve personal gain
Unwilling to empathize with others' feelings, wishes, or needs
Intensely envious of others and the belief that others are equally envious of them
Signs and symptoms - https://en.wikipedia.org/wiki/Narcissistic_personality_disor...
The same personality defect leads to monumental fails, so people on the project only concern themselves with what they have been hired for, so if you are a writer (e.g.) and hired to be some influencer/journalist then you care about your ego as writer and not care about whether the event is going to be a viable financial concern. So the whole thing suits the build someone up and then discard way these people work.
Before transitioning to tech in SF, I had a career in the entertainment industry down in LA. My buddy pitched me with marketing jargon just like this for a Coachella style festival, and I got sucked in.
We spent on and off a year working on it and actually made decent progress. The biggest band we had on board was Pearl Jam.
Eventually it became obvious we were in over our heads and that my buddy had no idea what he was doing.
...oh
It's like how the search landscape was about 10 years back. Google clamping down on terrible affiliate pages was the best thing to happen to search.
Social media needs similar policing.
but most of other people there really were pretty bad.e.g use leaves as money then burn down all forests to increase scarcity and drive up the value of their leaves.
I mean they may have got that part right.
Glad to hear they're giving the whole team credit for those sales numbers.
Knowing how big the budget was, how much money and influence the people involved wield, and how out-of-balance the US legal system is, I feel extremely bad for the various contractors who will inevitably get sued to oblivion for this mess. I can just imagine how it feels, trying to to do your best with a boss who won't accept no for an answer, then being forced into bankruptcy once things go sideways.
1) http://nymag.com/thecut/2017/04/fyre-festival-exumas-bahamas... 2) https://twitter.com/Ruleyork/status/858025172942675968
Or were they as swept up in the hype as everyone else, blithely talking it up for that reason?
If the former, what culpability do they have in any potential lawsuit?
That would be cool :)
http://nymag.com/selectall/2017/04/sad-and-funny-tweets-from...
They undoubtedly delivered.
As to a Kickstarted festival of the type Fyre purported to offer purchasers, it seems to be explicitly prohibited by Kickstarter's terms, falling squarely into the travel services / vacation packages prohibition.
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 amount to go to Burning Man. Save for a few years and it's possible for most people on HN.
Whats with HN reveling in failure in this startup?
Well...yeah, that's about right.
Are they completely inept at following through with this ? Yes. But the idea wasn't that bad. And they deserve credit for getting so many celebrities on board.
Where, exactly, did the viability of their business model get demonstrated?
Complaining about "middle men" is not dissimilar to complaining about "the Man" keeping you down. Is there a largess of utterly pointless people in a large bureaucratic organizations? Surely. Are all those "middle men" that take money in exchange for coordinating setting up and tearing down Cochella profit monsters? No, probably not. Lots of them are quite necessary, as Mr. McFarland and Mr. Rule just discovered.
I do agree that surely something must explain why all these high-profile celebrities went along with this. Did they actually think nobody would notice the end result somehow, or were they duped too?
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 (for being hacked and/or forking); and from the sound of press maybe MagicLeap the billion dollar startup who cant seem To launch a product may end up fitting the mold.
Sounds like Uber to me.
Yes people got rides and it's a good product, but they still took operations to cities/counties all over the world illegally. Drivers are the ones who are stuck holding the with damaged driving records, and in some cases criminal records, for nothing more that operating under Uber. For example in Miami alone there are still $3.5M worth of outstanding fines from drivers when they were illegally operating as rides for hire.
Multiple that by how many cities? Then extend that business model for to any other illegal activity: drugs, prostitution, murder for hire, etc... but you know hype ($50B unicorn) and marketing buzz (disrupting, sharing economy).
That's true of startups in general but not true of startups that goes through YC. The success rate of YC startups is far higher than normal.