2 ms·
Did you repay 0% of investment, or 100% of principal with 0% interest? The former is awful, the latter is a bit less awful.
by gohrt 13y ago
Did you repay 0% of investment, or 100% of principal with 0% interest?
The former is awful, the latter is a bit less awful.
- emhart 13y ago0% it is awful, but at that scale, it is very frequently how things are done. The other common off-off-scale money raising method is to make your actors agree to take responsibility for N# of tickets per performance, so they either sell them, or it comes out of their pay if they can't. Lot of pestering friends to buy tickets to your shows. I was never willing to work for a production that did that, as I wasn't comfortable mixing the work with sales in that way, but in asking for money from friends and family, I don't know that investment was the proper word. In addition to asking for money from family, I also filed grant applications, and both were treated similarly. None of the people giving had any expectation of a return, but I think they similarly had no expectation that they would ever be asked again, or that we would squander profits as we did.