The Fyre Festival Deck Shows What is Wrong With Modern Fundraising
The internet is overflowing with schadenfreude right now toward anyone who had a role in the disaster known as the Fyre Festival. Everyone is an easy target, from the “Influencers” who were so easily duped to the investors who poured in over $25 million.
I get it. Watching people crash and burn is an entire genre of modern entertainment and the Netflix and Hulu documentaries are a collection of human dumpster fires.
But to me, Fyre Festival is just a flashier and larger version of the same bulls%&t that gets passed around in pitch decks every day from SF to NY and everywhere between.
Having been involved in startups since 2004 and reviewing what has to be 6,000+ pitch decks, I’m going to confidently say I’ve seen every kind of deck imaginable.
And the Fyre Festival is not the worst I’ve had the misfortune of viewing.
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