The internet and technology has changed the way we interact with each other. Phone calls and handwritten letters through the mail have taken a back seat to text messaging and Facebook. According to Crunchbase, Technology entrepreneur, Billy McFarland, has used these new technology advances to take socializing to the next level with his company Magnises.
Billy McFarland is the founder and CEO of the social networking company Magnises. Magnises is headquartered in New York City. It is an elite members only socializing network that offers its members various perks and special events that are not available to the public.
The club is so elite that potential members must fill out an application and get approval to join. There’s no initial fees to join but members do have to pay an annual fee. This fee comes in at a whopping $250 per year.
Apparently the perks and other incentives are well worth this annual fee because Magnises has over 10,000 members. These members are given access to various community oriented and technology based events. Members also receive various types of advice and tips on how to improve their personal and business lives.
Members can also get various discounts at participating venues such as restaurants, bars, and clubs. Various social events are also available for members to attend. This includes almost nightly gatherings at Magnises’ headquarters in the Hotel on Rivington’s penthouse.
When a member is approved and joins the club they are given a black metal card. The member is able to link their credit or debit cards to the membership card. This allows them to receive any discounts or perks and pay for their transactions all in one swipe.
The club initially started in New York City. Once it was apparent that the popularity was going to spread, planned were made to expand to other cities. Atlanta, Washington D.C., Chicago, and Los Angeles were among the top cities chosen for this expansion This is because these cities are popular hot spots for Magnises’ target market.