April 27, 2009 12:07 PM EDT
I`ve been looking at gobignetwork.com but have some doubts (partially due to the upfront fee).
I started a film company, we have two films, both on IMDB, both award winners at festivals (one won best mini-feature this past weekend), however they`re both mini-features/shorts. In order to expand into the realm of feature film (what you usually see in the cinema), we need the money for equipment/payroll/etc.
As a member of the Austin Film Society, I`m under their 501(c)(3) umbrella making all donations tax-deductible -- how much will that really help, though?
For 100-200K, we can make a competitive film, but we need closer to the 750K-1M mark to make a heavyweight.
I`m offering extra incentives besides the 501(c)(3) -- film/IMDB credit, passes to the screening, production tours, post-screening parties, the ability to be an extra, etc.
I just can`t tell if it`s enough. Are there other good places to look for angels (VCs probably aren`t as interested in startup film companies, I`d guess)?