Filed under: Deals, Management, Marketing and advertising, Entrepreneurs, Small business
Monday-morning quarterbacking. Locker room talk about the best investment you’ve ever made. We all do it to some extent. How many of us would like to hit a true homerun?
Following up on a post I had earlier in the week on some of the changes in the music industry, I encountered an exclusive on Bloomberg this morning. The article, titled “Want to Be a Movie Producer,” plays right into our fantasies about making homeruns with our investments.
The article profiles a new investment firm, called IndieVest, that targets movies. Individuals who pay an annual fee can choose investments from a menu of films to be developed, produced, and distributed by the company.
Investors, wealthy individuals who must meet minimum net worth stipulations, are guaranteed at least 50% of the profits after getting back their initial investment (along with a premium), with 40% going to the makers of the film and the remaining money, of course, to IndieVest.
Who knows, maybe you’ll strike it rich by going long the next Alvin and the Chipmunks?
Zack Miller is the Managing Editor of IsraelNewsletter.com and a former equity analyst for a leading multinational hedge fund.
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