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PaperclipPerfector  1yr ago (text post)   2808 thread views

Friday Fun Thread for September 1, 2023

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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I don't know why there isn't some mechanism for individual investors to invest in an artistic project like a film or play in exchange for a cut of the net profit equivalent to the proportion of the budget that the investment covered.

In the classic movie (and musical adaptation of) The Producers, this mechanism exists, and random old ladies can partake in it, not just rich people with connections. Today, we have Kickstarter, which offers rewards, but not potential return on investment.

I may be wrong, but I think that such a scheme might fall afoul of the same onerous regulations on the sale of securities that cryptocurrency has been encountering recently.

Edit: Apparently, the SEC has instituted a separate, less stringent set of rules for crowdfunding of this kind.

Is "equity crowdfunding" what you are after? I remember Psychonauts 2 backers on fig getting some money back, after some sales threshold

Yes, thank you! I want more things like that.

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