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I'm wondering if "break-even" in this case means "typical VC 10X expected profit on investments"
by ry0ohki 16y ago
I'm wondering if "break-even" in this case means "typical VC 10X expected profit on investments"
- kirubakaran 16y agoNo. That would be one hell of a creative definition for 'break-even'.
- waterlesscloud 16y agoLook at a Hollywood contract sometime, with such lovely concepts as "triple breakeven" and "rolling breakeven". The creativity in LA isn't just behind the camera!
- tastybites 16y agoOur lawyer (we're based in LA) says that on many smaller Hollywood deals you're lucky to even have a written contract...
- quellhorst 16y agoI had 2 Hollywood deals that were written only because there was an email thread.