As you might guess, crowdfunding did not, in fact, take off in 1999. We can at least partly blame the dot-com crash of 2000, when the ‘convergence’ acolytes lost their jobs and all those freshly-poor investors got scared away from throwing their money at indie filmmakers. Slowly, however, as the economy recovered, crowdfunding would be reborn.
Mark Tapio Kines
Did you know that Mark Tapio Kines is the first person to successfully crowdfund a film on the internet?
In this interview with Indiewire, Kines talks about how the basic mentality behind giving money to a creative stranger has changed since 1998.
The need for greater transparency, access, education, and community in film investment circles is only now being generally recognized in the film industry.
Read more about the need for Sustainable Investor Class For Film Culture And Business on Truly Free Film.
We nearly Kickstarted the budget back in November, but now I’m feeling like that’s not fair to real indie filmmakers who need the help. Unlike back when I made Clerks in ‘91, I’ve got access to money now — so I should use that money and not suck any loot out of the crowd-funding marketplace that might otherwise go to some first-timer who can really use it.
The filmmaker is not going to fund Clerks III through Kickstarter.
My brain has trouble with the logic of saying I’m taking money away from another Kickstarter project if I’m bringing people that didn’t even know about Kickstarter to begin with. A lot of [backers] are finding out about this awesome concept for the very first time and I’m introducing them to the paradigm and I think there’s something to be said for that.