Why do funders choose to invest in this way? Because they like the product or idea that is pitched to them and want to support a business they believe in? Perhaps too because they think money can be made out of it. But potential equity investors should remember that funding of this type is essentially a lottery.
The geek shall inherit the Earth, but for now we just dominate popular entertainment. In a world where properties in traditionally "geek" genres have become the heart of billion-dollar franchises, spanning multiple interconnecting mediums and calling back to decades-old source material, it can be hard for new fans to catch up...
The aid and development sectors work hard to promote and maintain an air of importance and legitimacy, but there are some hard truths that we need to face if the industry is to grow and address the huge challenges we, as a global community, continue to come up against - climate change and the increased frequency of natural disasters, unhindered economic growth causing environmental and social deterioration and the rise of political fundamentalism, just to name a few.
So, in Berlin and London, we are busy with getting the film off the ground. 4 am wake up calls, with meditation and bowing, followed by 6am breakfasts. We, currently 2 nations, 6 children, 3 ex-partners, numerous friends, and bits of Hollywood, are all working on this, this film HereNowNeverNowhere. It is pulling together the strengths of a patchwork family.
You might have already heard of Crowdfunding - the phenomenon by which an idea for a project or invention is relayed to the public, usually via the internet, in order to attract funds and become a reality. This year it has hit the mainstream with a bang - with celebrities such as Zach Braff and James Franco using it as a way to attain revenue for their own movie projects.
There are hundreds of fashion projects on both of the major crowdfund platforms that are leveraging online financial support from friends, family and total strangers. Included in the mix are a small but significant number of social entrepreneurs who are using crowdfunding as a way to marry up fashion creativity with sustainable and ethical projects.
The Boomers don't always seem to understand that over the last few years there's been a significant shift away from the belief that the State will be with us all from cradle-to-grave and that now there's a visceral, unspoken understanding among a proportion of their children, that things won't be so easy for them.