tag:blogger.com,1999:blog-4326434042166600490.post5795855513426636977..comments2021-09-10T08:13:55.908-07:00Comments on CROWDFUNDING on CROWD9: Every Film Should Maximize Crowdfund DollarsDavid Marletthttp://www.blogger.com/profile/03680991937433474780noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4326434042166600490.post-8182214674612625692013-02-24T18:51:12.949-08:002013-02-24T18:51:12.949-08:00Hi! Great post. I agree it is a must for crowd fun...Hi! Great post. I agree it is a must for crowd funded films to maximize the use of every dollar. And yes, with <a href="http://www.projects2crowdfund.com/crowdfunding-taxes-legally-required//" rel="nofollow">crowdfunding</a> films it allows both securing funds and working with a large fan base.Anonymoushttps://www.blogger.com/profile/12211229049006967254noreply@blogger.comtag:blogger.com,1999:blog-4326434042166600490.post-44416607697146482582012-11-03T11:25:59.539-07:002012-11-03T11:25:59.539-07:00Very good blog. Please visit my site: maker dolla...Very good blog. Please visit my site: <a title="maker dollars" href="http://fundget.com/" rel="nofollow">maker dollars</a>Anonymoushttps://www.blogger.com/profile/01947554676322519129noreply@blogger.comtag:blogger.com,1999:blog-4326434042166600490.post-26080991512475573722012-09-23T15:25:34.093-07:002012-09-23T15:25:34.093-07:00Thanks David. Well said. Please note the additiona...Thanks David. Well said. Please note the additional 'editorial comment' I added within the body of the posting. In it you will see reference to the development of a robust, social media centric, BD-CFP for film. If you would like more info as a possible participant, feel free to reach out to me at:<br />dmarlett@BlueRunMedia.com.David Marletthttps://www.blogger.com/profile/03680991937433474780noreply@blogger.comtag:blogger.com,1999:blog-4326434042166600490.post-80369132485538781912012-09-23T15:24:49.769-07:002012-09-23T15:24:49.769-07:00This comment has been removed by the author.David Marletthttps://www.blogger.com/profile/03680991937433474780noreply@blogger.comtag:blogger.com,1999:blog-4326434042166600490.post-31217490319616149292012-09-23T10:30:29.697-07:002012-09-23T10:30:29.697-07:00I agree with David.
It opens the door for fundin...I agree with David. <br /><br />It opens the door for funding options so that the public can help get the stories told that interest them,and it increases the interactive potentials in the storytelling industries.If they buy in to get the story pilot produced,they will buy in and use their social contacts to create the marketing buzz that will get further interest in the program especially if they have input.I am sure that this will even evolve further in the pay as you play microtransaction episodes where they can pay as they watch/play and even help drive the story.A lot of the investment criteria for angel investors are so strict that the producers spend so much time and money in the forms and applications.<br /><br /> Having had week long meetings in Vancouver with Paris producers who have put together a Luxembourg investment fund that will provide fairly high returns on investments into a slate of feature films,it became evident that we can raise more of the funds that the public will buy into if we have a parallel crowd fund that can bring money into the productions as copros if the public likes the stories being shared with them.<br /> It is going to become a primary funding source that will put storytelling financing into the $ of the public,and not just the few rich that need the tax deductions and the wealthy studios.<br /> And the bigger the crowd funds the better ,especially if it spread over a number of programs.<br /> David Prytulahttps://www.blogger.com/profile/14887569140087331024noreply@blogger.comtag:blogger.com,1999:blog-4326434042166600490.post-67113226838174842012-09-17T12:02:37.895-07:002012-09-17T12:02:37.895-07:00Mark, while I appreciate your enthusiasm that crow...Mark, while I appreciate your enthusiasm that crowdfunding is right for creative endeavors, you are not right that it is only for prototypes, etc. As opposed to 'thinking smaller', I encourage you to 'think bigger'. And no, creativity doesn't go out the window at $1M. That is just where it begins in the film industry. And CF certainly is well in the angel investor zone, and certainly is for sophisticated investors. David Marletthttps://www.blogger.com/profile/03680991937433474780noreply@blogger.comtag:blogger.com,1999:blog-4326434042166600490.post-68652509148884007052012-09-17T11:41:39.141-07:002012-09-17T11:41:39.141-07:00Crowdfunding is not a replacement for angel invest...Crowdfunding is not a replacement for angel investor networks ... setting it up in competition to perfectly fine angel networks completely undercuts the massive potential for equity-based crowdfunding and participation by the MASSES.<br /><br />When it comes to money spent on projects, crowdfunding must be much smaller than angel networks ... much, much, much, much, much smaller dollar amounts limit the opportunity for crooks ... crowdfunding is not for lawyers and CPAs, crowdfunding is for CREATORS -- it's not so much about money ... crowdfunding is much, much more SOCIAL than angel networks ... and because it is social, it is much more creative. TEENY amounts of money matter because that money still represents an "earnest money" commitment.<br /><br />Equity participation allows for EARNEST MONEY participation by funders who might effectively become co-founders ... but it also weeds out the annoyance from those who lack anything more than a passing 5-minute commitment.<br /><br />The funders who participate in crowdfunding want to PARTICIPATE ... to share in the creativity ... crowdfunding is a way for them to be involved in projects that outside their geographic boundaries [that will be primarily defined by the jobs of these small investors]. <br /><br />Crowdfunding is for the masses ... it is not for elites with a proven portfolio and well-healed investors.<br /><br />In the example of films or media, the objective of a crowdfunding should be something like a viral YouTube video series or demo tape EP (e.g. five brief videos, five songs ). <br /><br />The objective of crowdfunding should be a PROTOTYPE that connects the dots for people, for the next round of investors who'll commit to an investment because of something like a million likes on YouTube. <br /><br />The objective of crowdfunding needs to be smaller! It's about scope management ... think instead of doing something that LEADS TO to pilot for television series or Sundance film or videogame funded by angels or something that might take a half million to produce. <br /><br />THINK SMALLER ... think about unleashing creatively through social media; use crowdfunding as way to get "earnest money" participants and weed out the riff-raff. <br /><br />There is plenty of room for more creativity at the bottom ... when you get the amounts up to $1M, the lawyers and accounts show up and creativity goes out the window.Anonymoushttps://www.blogger.com/profile/13386162375230176607noreply@blogger.com