didn't have the money for any of itWhy didn't they just have the cruise ship be the hotel and use the island to party during the day? Solves almost all the logistics with a line item expense and nobody is angry at partying on a boat. That could have solved a great majority of the problem.
Then again, the leadership green lit a 38 million dollar half brain idea when the talent was less than 10% of tthat. Approved 35 million of stuff and couldn't even buy enough bottled watered.
You can rent an entire cruise ship for a million bucks a week. Make it really luxury for 2-3 million. Youre at 7 million with the festival talent. Spend 5 million on festival stuff on the island and outsource a lot of it to third party vendors that want access to this elite party anyways.
12 million while overpaying.
1000 * $10,000 packages. 10 million.
Still a loss but they were trying to pimp the Fyre brand. So consider it a marketing expense. And it could have gone off as a luxury booze cruise like Yacht week.
Charge more or spend less and it breaks even.
These guys got way too attached to this arbitrary tent idea.
robbing paul to pay peter
that is why