financing What makes movie crowdfunding campaigns successful?

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Favedave

Inactive
Los Angeles
m-wall said:
Not necessarily, since the JOBS act got signed into law. Other countries have similar laws.
In fact, there's already a couple of movie crowdfunding campaigns which are taking advantage of equity crowdfunding, but it's still very much a niche. I wonder, why it's not more popular.
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It worked for us! We raised over $1 million with Equity Crowdfunding to make our movie, which was released in December, 2018. Equity Crowdfunding raises an average of $270k, and Kickstarter mostly raises less than $10k. It's the future...
 
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Favedave

Inactive
Los Angeles
The Lone Banana said:
The old saw is, "Crowdfunding is two words. If you don't already have the crowd, you ain't gonna get the funding." Strangers are not going to give you money to make your movie. You must build your audience before you get to the crowdfunding stage. (Very helpful, I know.)

-- Damian
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Uh, we raised over $1 million from 893 strangers to make our movie with Equity Crowdfunding. We had no social media presence at all when we started.
 
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