So crowd based funding! What do you like and what do you not like?
Distribution : Crowd Based Funding for Projects by Starr Hardgrove
Crowd Based Funding for Projects
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http://www.indiegogo.com/Addicted-to-Life > I like the concept of crowd-funding because some projects are too small to warrant investors. What I don't like about crowd-funding is that many donors act as if they are investors; i.e., they become too critical.
Check this out all... Amazing oportunity to meet Adam Chapnick from crowd sourced funding platform IndieGoGo... ‘Interesting’, a creative workshop on innovation in Film Funding & Distribution. With inspiring speakers such as Adam Chapnick from crowd-funding site IndieGoGo.com, Simon Sheikh the National Director of GetUp! and other industry leaders, book early to avoid missing out (spaces limited). 12 March, 7pm, Sydney www.interesting.eventbrite.com.au
I love the idea of crowdfunding- did you know a pretty large % of Obama's campaign funds came from small donors? But I tried it to raise funds through Kickstarter for post production on a project and got nowhere. You still come down to the same problem that I run into over & over- how do you reach people beyond your circle of family/friends/colleagues? As filmmakers we are deluged with other filmmakers' fundraising projects, and we aren't necessarily the ones with expendable income! Unless you can get the campaign to 'go viral' I don't think you can reach your goal.
Crowd funding is a great way for new upcoming film makers to break through and move into bigger things however as Jody points out it can be hard to grab people's attention. The way to combat this is to stage a dedicated online campaign using Facebook / Twitter / YouTube as well as contacting online communities such as this one and other online magazines/businesses relevant to the project, while you may not go fully viral you will have expanded your reach to a much wider audience. This can be a lot of work but has proven successful for others
Crowd funding will work if you donate a few dollars toward my project and I donate a few dollars to your project, then other people start donating. But if a project sits for weeks unfunded, it dies.
Hey All, Jump onto nerdi.com to watch Adam Chapnick from IndieGoGo talk at Interesting. He addresses many of the concerns raised in this thread. It's $2 to watch but well worth it. Cheers Dan