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He seems to have bet his whole life and at the end he seems to have won. I wonder why he doesn't do a crowd funding, I am sure he would raise the money easily a
by aphroz 5y ago
He seems to have bet his whole life and at the end he seems to have won. I wonder why he doesn't do a crowd funding, I am sure he would raise the money easily and not have producers on his back.
- telesilla 5y agoI agree. What a beautiful man and a beautiful piece of writing about him. I'd happily chip in, no reward needed.
- etempleton 5y agoHe is a multi-billionaire. He simply does not need to crowdfund. This is a big bet, but if it does not pay off it will not bankrupt him or in any way risk him or his family's fortune.
- atombender 5y agoCoppola isn't a multi-billionaire. His net worth by most estimates is around $300-400m. Much of that was built on successfully suing Warner Bros. in the 1990s for $80m, which he used to build out his vineyard, food, and resort businesses.
- mhb 5y agoThat's not what TFA suggests.
- kloch 5y ago> I wonder why he doesn't do a crowd funding, I am sure he would raise the money easily At first this seems like a non-starter because it's a for-profit film so soliciting donations might be a hard sell. If it were advertised as pre-sale where you are basically buying a copy of the film before it's made, it might work. Still, $120M is a lot of pre-sales and you would be on the hook for refunds if the film were never completed. Actual equity investors in motion pictures entitled to a share of the profits have to be "accredited", at least in the US. You can't solicit investments from the general public. https://en.wikipedia.org/wiki/Accredited_investor https://en.wikipedia.org/wiki/Accredited_investor. You also wouldn't want a huge number of investors, that's a lot of paperwork.