Comments on: The Hollywood Community Model http://comefortheride.com/the-hollywood-community-model/ Life, Entrepreneurship, Photography and More... Thu, 24 Jun 2010 20:22:20 -0400 hourly 1 http://wordpress.org/?v=3.0.1 By: Russell Jurney http://comefortheride.com/the-hollywood-community-model/comment-page-1/#comment-295 Russell Jurney Sun, 17 Aug 2008 03:00:45 +0000 http://comefortheride.com/?p=216#comment-295 If you're going to raise money for this - you might want to hang out on the high-end automotive web boards. You don't have to solicit, just talk about what you're doing. Its amazing what kind of connections you can make on the business sub-forums on those things, and I'm sure they would jump at an automotive startup. If you’re going to raise money for this – you might want to hang out on the high-end automotive web boards. You don’t have to solicit, just talk about what you’re doing. Its amazing what kind of connections you can make on the business sub-forums on those things, and I’m sure they would jump at an automotive startup.

]]> By: Wei http://comefortheride.com/the-hollywood-community-model/comment-page-1/#comment-294 Wei Sun, 17 Aug 2008 00:51:52 +0000 http://comefortheride.com/?p=216#comment-294 I think you've hit the mark again. Altruistic is the wrong word for it. While I know investing in companies does require strategy, I would love to find out what would make more angels bet on local companies. Maybe us entrepreneurs need to play the numbers game as well by getting the word out there about the current scene and see if we can expand the pool of potential investors that aren't currently involved with the local startup scene. I think you’ve hit the mark again. Altruistic is the wrong word for it.

While I know investing in companies does require strategy, I would love to find out what would make more angels bet on local companies. Maybe us entrepreneurs need to play the numbers game as well by getting the word out there about the current scene and see if we can expand the pool of potential investors that aren’t currently involved with the local startup scene.

]]> By: Paul Freet http://comefortheride.com/the-hollywood-community-model/comment-page-1/#comment-288 Paul Freet Sat, 16 Aug 2008 16:55:07 +0000 http://comefortheride.com/?p=216#comment-288 Thanks for the plug Wei. Maybe great minds think alike. :-) Studios don't make bad movies to be altruistic. It's simply a numbers game. This story might help explain that: ---- Peter Guber tells the story of his first meeting with his Sony bosses in Tokyo, after they installed him at what was then Columbia/Tri-Star, and he told them his business plan: make about 14 movies a year -- 6 will do okay, maybe break even; 2 or 3 will do a bit better, and have franchise possibilities; 2 will be hits; 1 will be a monster hit; and at least 3 will be total losses, total bombs. They listened respectfully, then one of the older guys asked (through an interpreter), "May I ask Guber-san why he bothers to make the bombs?" Thanks for the plug Wei. Maybe great minds think alike. :-)

Studios don’t make bad movies to be altruistic. It’s simply a numbers game. This story might help explain that:
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Peter Guber tells the story of his first meeting with his Sony bosses in Tokyo, after they installed him at what was then Columbia/Tri-Star, and he told them his business plan: make about 14 movies a year — 6 will do okay, maybe break even; 2 or 3 will do a bit better, and have franchise possibilities; 2 will be hits; 1 will be a monster hit; and at least 3 will be total losses, total bombs. They listened respectfully, then one of the older guys asked (through an interpreter), “May I ask Guber-san why he bothers to make the bombs?”

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