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AngelList's peg / competitive advantage is Venture Hacks / Nivi and Naval. It sounds like this guy is a technology insider (investing in SecondMarket) not a Hol
by randall 15y ago
AngelList's peg / competitive advantage is Venture Hacks / Nivi and Naval. It sounds like this guy is a technology insider (investing in SecondMarket) not a Hollywood insider. That makes me think it's going to be more difficult for the winner investors to get on-board... and I don't know about you, but if AngelList just had random investors from podunk nowhere, it'd definitely not have the cred it has.
Do people producing movies care about who their investors are? Do film investors have the same relationship with their producers as startup founders do with their investors?
(Aside about AngelList: Some people I've talked to still feel like asking money on an open platform such as AngelList is something you do if you're not going to have a brand name investor. That means it's a backup or round-filler strategy for the hottest startups, which lessens its utility compared to traditional strategies of generating dealflow.)
- bproper 15y agoPaternot has worked in the film industry for the last 8 years and definitely acknowledged that the biggest challenge was getting the social proof in place to ensure that investors and talent feel comfortable listing on Slated.