This leaked Fyre Festival pitch deck shows how Billy McFarland was able to secure millions for the most overhyped festival in history

• A leaked sales deck for 2017's Fyre Festival contains the pitch CEO Billy McFarland gave investors ahead of the failed event.
• The sales deck contains misleading information about Fyre Festival and has been described as "beyond parody."
• McFarland got investors to pump $26 million into his company, money he was ordered to forfeit after he was sentenced to six years in prison for fraud.

A leaked sales presentation from Fyre Media reveals the pitch CEO Billy McFarland gave investors in the lead-up to 2017's failed Fyre Festival.

Fyre Festival was advertised an upscale music festival in the Bahamas, complete with luxury beach villas, gourmet food, private jets, and supermodels and influencers galore.

The experience customers received was the polar opposite, as anyone who watched the disaster unfold online or saw either of the two recent documentaries about the event knows. 

McFarland was sentenced to six years in prison in 2018 after pleading guilty to wire-fraud charges. He was ordered to forfeit more than $26 million that investors had pumped into Fyre.

A 43-slide sales deck containing Fyre's investor pitch contains many of the exaggerated claims and outright lies that would eventually doom the festival. The pitch deck was first reported on in 2017 by Vanity Fair's Nick Bilton — who uploaded the full deck online — and recently recirculated on LinkedIn.

Read on to see some of the most shocking, outlandish, and surreal slides from the Fyre Festival pitch deck.

SEE ALSO: Here's everything we know about Billy McFarland, the 27-year-old who created the disastrous Fyre Festival and who's now serving a 6-year prison sentence

DON'T MISS: We watched Netflix's and Hulu's docs about the doomed Fyre Festival, and one gives you a better look inside the fiasco

In 2016 and 2017, Fyre CEO Billy McFarland secured $26.4 million for his company from more than 100 investors.

Source: Securities and Exchange Commission

McFarland's investor pitch deck begins with a primer on Fyre's app, which would enable users to directly book artists and celebrities for events. (Fyre Festival was conceived with the intent of promoting the app.)

Source: Business Insider

A few slides in, the deck shifts to the festival itself.

See the rest of the story at Business Insider

Contributer : Tech Insider https://read.bi/2Gdrf7Y

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