As an investor, where can you get more info on the prospects of investing in film? EarlyShares will release their own educational site soon.
@crowdfundinside EarlyShares.com & soon @earlyshares University will have courses to explain the process #CrowdFilmChat #Crowdfilmchat
— EarlyShares (@EarlyShares) December 12, 2012
EarlyShares will charge between 5 and 8 percent for successful raises.
@ettadevine biggest advantage is size of audience will reach, costs associated will be fee 5% – 8% depending size of project #Crowdfilmchat
— EarlyShares (@EarlyShares) December 12, 2012
Differentiating between where we’ve been and where we’re about to go…
@hermiditac Crowdfunding’s been around for years, but Crowd investing is what’s on the horizon #CrowdFilmChat — Kevin Tostado (@Tostie) December 12, 2012
On the question of how traditional funding sources and the crowd can coexist, Guy Zajonc shared this…
Tostie, I think the crowd will take a piece but traditional sources will continue to take pieces also. #Crowdfilmchat — Guy Zajonc (@GuyZajonc) December 12, 2012
A bit of timeline optimism from EarlyShares. Early 2013 would be nice!
@compumatrixus We are hoping the 506 offerings to be immediately & expecting #Crowdfunding early 2013! #CrowdFilmChat #Crowdfilmchat
— EarlyShares (@EarlyShares) December 12, 2012
An equity raise doesn’t prohibit the use of other types of crowdfunding in an effort to raise capital.
@tostie Not only ROI but also rewards and perks similar to those mentioned will also be available #CrowdFilmChat #Crowdfilmchat
— EarlyShares (@EarlyShares) December 12, 2012
Zajonc on how hard it is to raise money for entertainment projects. Maybe Crowdfunding will liberate the industry a bit?
Keep in mind “first money in” is always the hardest.Crowdfunding is going to trigger films deals – IMO. #Crowdfilmchat — Guy Zajonc (@GuyZajonc) December 12, 2012
The film fanatic as the investor? Maybe… to what degree remains to be seen.
People who love to watch film are about to become people who love investing in film.This is a game changer. #Crowdfilmchat — Guy Zajonc (@GuyZajonc) December 12, 2012
Location, location, location Distribution, distribution, distribution
The most important element of a film package is distribution.Even bad films with good distribution make $ ! #Crowdfilmchat — Guy Zajonc (@GuyZajonc) December 12, 2012
An example of a popular flick that had a hard time raising funds… and one that happened to feature one of the most recognizable actors around.
Smart films are going to get made sooner.A good example “Moneyball”.Took Brad Pitt 8 years to find the backing. #Crowdfilmchat — Guy Zajonc (@GuyZajonc) December 12, 2012
BONUS: Could you buy your way into a film?!
@tgbenoit Invest enough and you can have a walk on part !#Crowdfilmchat
— Guy Zajonc (@GuyZajonc) December 12, 2012