Fyre Festival - For sale

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Fyre Festival - For sale

Bill SchrimpfBusiness Member
Real Estate Agent · Reno, NV · Member since 2014 · 349 posts · 189 votes

The convicted felon, Billy McFarland is selling naming, IP and other rights to the defunct Fyre Festival as an "auction".  How would someone value this?  I think a squatters pad in Detroit would have fewer headaches!

The festival is not famous, its infamous.  This is listed as an asset; You cannot make this up:

"FYRE Festival has been the most talked about US based music festival in the world since 2017."

https://en.wikipedia.org/wiki/Fyre_Festival

https://en.wikipedia.org/wiki/Billy_McFarland

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  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    1y

    Thought they brought it back......or attempted to?

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    1y
    Quote from @Bill Schrimpf:

    The convicted felon, Billy McFarland is selling naming, IP and other rights to the defunct Fyre Festival as an "auction".  How would someone value this?  I think a squatters pad in Detroit would have fewer headaches!

    The festival is not famous, its infamous.  This is listed as an asset; You cannot make this up:

    "FYRE Festival has been the most talked about US based music festival in the world since 2017."

    https://en.wikipedia.org/wiki/Fyre_Festival

    https://en.wikipedia.org/wiki/Billy_McFarland


    Did people actually think this was real - ie buy tickets or invest in this?

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