Financial Resources for Independent film makers
The film industry has seen consistent improvement and growth throughout these austere times. In fact, demand has never been higher. The astonishing growth of online distribution and media companies, coupled with traditional DVD sales and new ways to consume entertainment via mobile devices such as smartphones and tablet pc’s, has generated a huge demand for quality content. By utilising the latest advances in digital movie technology and applying modern techniques, independent film makers can now create movies with the look and feel of multimillion dollar productions but where the actual production costs are considerably less - thus producing excellent investment opportunities.
All investments involve an element of risk and films are no exception. Risk exposure can be reduced through various due diligence processes including, in depth analysis of the budget, cast, storyline, technical crew, previous genre success and affinity with the latest cinematic trends. Risk can also be mitigated through projects that secure returns through pre-selling the movie.
Film investments do not have to be limited to a singular investment vehicle, i.e putting your money into a film and hoping it proves popular. We recommend a portfolio of sorts. Anyone who might be interested in becoming an investor in one of our current movie projects, please contact Dennis @ DSerpone@comcast.net. I'm happy to provide you with all the benefits at hand , financial information and more for upcoming projects.
Turning $10,000 Into $100,000,000
It was 2009 and I was on my way to meet with Yosi Amran. I pulled into the parking lot of the restaurant in a shiny, black limousine, with my own personal driver. The cool ride cost less than $20. "Listen John," Yosi said to me. "You can't come in here and tell me how your start up is starving for cash when you pull up to our meeting in a limo. I'm not an idiot. You are wasting money". "No, No, No." I squealed back at him. "It's not more expensive than a cab! You should look at investing in this company yourself. It’s awesome."
The next morning I sat with Tom Hastings and my nephew, Shawn Fanning, at a little breakfast cafe in San Francisco. "Hey, did you check out that company?" Shawn asked me. "Oh my god, yes. I used it to get to meetings yesterday. It’s awesome. How do you know them?" "Oh, I am friends with Garrett Camp. He founded stumbleupon. We were talking one day about how you should be able to order a ride using your smart phone, and here it is. They are looking for capital. What do you think?" "Well, honestly, I don't know if this is going to be a great financial investment, but I love this service. I absolutely hate the cab industry, so I really want this company to exist. We should give them as much as we can." "Wow, ok! I will double the amount then. What about you, Tom? You want to throw in $50k or so?"
"No. You guys are nuts. The regulators will kill them. The unions will kill them. The cab driver associations will kill them.
City governments will kill them.This company is going to die 100 different ways; you might as well throw your money away." "Ok, I guess he's out," replied Shawn. By now, you have probably figured out that this company was Uber. If you invested $10,000 when we invested in Uber at that breakfast your stake would be over $100 million dollars today, valued at the last round of financing.
If you are instead like Tom and did not invest with us, you would be kicking yourself about that 100 million that got away. The first thing that can be learned from this experience is that Tom was right. Along Uber’s path to success, everyone did come after them. However, their popular support was so high that they were able to overcome attacks by the establishment. With any new, successful start up that threatens an established industry, you can be sure they are coming. Next, the founder matters. Shawn knew Garrett Camp was a talented, driven entrepreneur who knew the drill. Sometimes the things you learn from your less successful attempts are the key lessons that drive your future success. Next, trust your gut. When I worked at Fidelity, Peter Lynch once told me "You, too can be a great investor. Just go through the course of your everyday life, find the products or services that resonate with you, and invest in them." Lastly, a large market is critical. If you can imagine that product or service being used by nearly every person in the world, that’s when you have the potential for enormous returns...movies, restaurants, and charity-based projects.