Starting a tech company at the age of 12 years old doesn’t happen that often. But Short Hills, New Jersey homeboy, Billy McFarland did it. Billy is 24 years old now, and he is still shaking up the world with his innovative and creative ideas. According to Fortune, Billy McFarland was studying engineering at Bucknell University, but he decided that the world needed an online ad platform, so he started Spling.
If Spling doesn’t sound familiar, you’re probably born before 1980. Spling has a list of high-profile users. McFarland has been called a tech mastermind by Bloomberg and CNBC. Billy just calls himself a natural techy that has the innate ability to attract other Millennial consumers and make them happy.
Spling is a hit, but Billy McFarland is one of those people that isn’t content with what happened yesterday. In 2013, he was out with friends and the conversation about credit cards and their uses came up. All the Millennials in the room thought someone should come with an app and a prestigious looking credit-type card that offered members interesting perks that were not the usual things that come with American Express, Citibank, and other credit cards.
Billy McFarland couldn’t get the concept out of his head. So, he developed a social app and a membership card that offered Millennials deals like special seats at hard-to-get-in restaurants or seats at a sports event or a pass into some of the hottest nightclubs in New York, Washington, D.C., Chicago, and San Francisco. Billy calls his new company, Magnises. Magnises was launched in New York City in 2014, but Magnises memberships are now available in Chicago, Washington, D.C. and San Francisco. London, Boston, LA and Atlanta are on the Magnises new opening list.
Billy is a genius when it comes to for-profit business ventures, but he doesn’t ignore the nonprofit sector. McFarland started LEAP, the learning platform that helps middle school and high school students learn how to successfully function in the tech and business world. He also started FYRE. FYRE is an entertainment platform that helps venues and others book artists, athletes, and other interesting acts for performances and personal appearances.