Wednesday, April 1, 2015

Award Winners To Teach At New Film Academy Presented By MOFILM And Chevrolet


Kongdej Jaturanrasame, Pimpaka Towira, Sheila Timothy and Mouly Surya join the Academy for Southeast Asian Filmmakers Teaching Staff


26 March 2015, London: MOFILM today announced that the award winning filmmakers Kongdej Jaturanrasamee, Pimpaka Towira, Sheila Timothy and Mouly Surya have joined the academic team who will deliver the inaugural sessions of the Academy of Southeast Asian Filmmakers (ASAF) as presented by Chevrolet and MOFILM. The fee-free academy is a three-day course, created and delivered by experts from the local and international filmmaking industry. It will cover several aspects of filmmaker theory and practice, with a focus on developing the storytelling skills. The Academy will take place in Jakarta on the 11th to 13th of May, and in Bangkok on the 15th, 16th and 18th of May 2015. Filmmakers who are citizens of Southeast Asia and are over the age of 18 can apply at www.MOFILM.com/ASAF, the deadline is the 7th April 2015. All entrants will also have the opportunity to enter a competition to produce short format film content for Chevrolet.
Jeffrey Merrihue, CEO & Founder of MOFILM, said "The aim of the Academy is to help young filmmakers, who are just starting out, to develop skills to build the career they want. To be able to hear from such successful local filmmakers will be invaluable."
Kongdej Jaturanrasame
Kongdej Jaturanrasame
Mark Harland, Director of Marketing at General Motors International, said "Partnering with MOFILM gives us the best of both worlds - we're able to open new possibilities for up-and-coming filmmakers by giving them a platform to share their craft, and it provides us with tremendous content for our brand to utilize."
Writer and Director Mouly Surya is regarded as one of Indonesia's most promising film talents with her work receiving recognition from both Indonesian and International Film Festivals, including Sundance and Rotterdam International Film Festival. Sheila Timothy is a well-known Indonesian producer, who started her career in advertising and the music industry before moving to feature films. Her work has been recognised by several film festivals and her third feature Tabula Rasa won four awards at the Indonesian Film Festival 2014.
Pimpaka Towira is a Thai independent filmmaker who writes, directs and produces all of her films. Pimpaka is a pioneer for female film directors in Thailand and as a result, she won the Silpathorn Award in 2009, distributed by the Ministry of Culture in Thailand. Best known for his romantic comedies, Kongdej Jaturanrasamee received a Silpathorn award in 2014; a national award in honour for living Thai contemporary artists who have made notable contributions to Thai fine arts and culture, presented annually by the Office of Contemporary Art and Culture, Ministry of Culture of Thailand.
More tutors from the Thai and Indonesian film and TV industries will be announced shortly.
**ENDS**
Note to Editors: Filmmaker Biographies
Kongdej Jaturanrasamee
Kongdej Jaturanrasamee is an award-winning Thai screenwriter and film director. After graduating from the film department at King Mongkut's Institute of Technology Ladkrabang, Kongdej became a film professor at Assumption University.

He began his career in the late 1990s directing music videos, before becoming a feature film director and making his directorial debut with the 2003 comedy Sayew (winning the Asian Trade-Wind honourable mention at the Seattle Film Festival).
He is best known today for popular romantic films, including The Letter (2004), which he penned as a remake of the 1997 Korean film Pyeonji. Kongdej also co-wrote the Tony Jaa action flick Tom-Yum-Goong (2005). Other films he has written and directed are Midnight My Love (winner of won Best Script at the Deauville Asian Film Festival 2005), Handle Me with Care (made with GTH film studio, the largest film studio in Thailand in 2008), P-047 (2011) and his 2013 film Tang Wong(winner of Best Film, Best Director and Best Screenplay at Supannahong Award 2013).
Pimpaka Towira
Pimpaka Towira is a Thai independent filmmaker who writes, directs and produces all of her films. She is decidedly in the art-house camp of filmmakers. She was educated in Film at the University in Bangkok and went on to work as a film critic and writer for The Nation newspaper in Bangkok after graduating.

She went on to make a number of experimental short films, among which was a short called Mae Nak, which won a Special Jury Prize at the Image Forum Festival in 1998
Pimpaka's feature film debut One Night Husband (2003) brought her international fame. She is the first female Thai filmmaker to be noticed by international viewers and critics alike.
She is also part of the Free Thai Cinema Movement, for whom in 2007 she directed a series of short films, which featured interviews with Thai film directors and artists opposed to censorship of films by the Thai government.
Mouly Surya
Surya is an Indonesian film director whose debut feature Fiksi gained her recognition in her home country when it won the Citra Award at Festival Film Indonesia for Best Feature Film, Best Director, Best Music and Best Original Screenplay. It also won her a Best Director award at JIFFEST 2008.

Her second film What They Don't Talk About When They Talk About Love was the first Indonesian film to ever compete in the main competition (World Cinema Dramatic Competition) at Sundance Film Festival 2013. It won the NETPAC award at the International Film Festival of Rotterdam as the Best Asian film. It also won the awards for Best Music in Asia Pacific Film Festival 2013 and Best New Director in Las Palmas Film Festival in Spain. In its home country, the film won three out of four awards given by Akademi Film Indonesia in 2014 for Best Director, Best Screenplay and Best Film.
Sheila Timothy
Sheila is a well-known Indonesian producer who spent many years of her career in advertising and the music industry before moving to feature films. In 2008, she and her husband (Luk Wanandi) established their new film company Lifelike Pictures.

She gained recognition after producing the film Pintu Terlarang (The Forbidden Door) for Joko Anwar, which went on to win Best Film at the Puchon International Fantastic Film Festival (PIFAN) in 2009.
She has since gone onto produce her second feature Modus Anomali, which premiered at the SXSW Festival and won the Bucheon Award at the 4th Network of Asian Fantastic Films NAFF in 2011. Her third feature Tabula Rasa, released in September 2014, gaining critical acclaim and winning four awards at the Indonesian Film Festival 2014.
About Chevrolet
Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 115 countries and selling around 4.8 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature engaging performance, design that makes the heart beat, passive and active safety features and easy-to-use technology, all at a value. More information on Chevrolet models can be found at www.chevrolet.com.

About MOFILM
MOFILM is the leading content creation community for aspiring filmmakers and photographers, with members all over the world. MOFILM works with global brands to showcase talent and create innovative new ideas.

MOFILM's creative are valued by brands. Our competitions give our partners a chance to tap a huge reservoir of international talent, as well as developing a wealth of content to be distributed online and via mobile devices. MOFILM contests also help brands engage with creative talent around the globe.
MOFILM provides production grants, along with mentoring and advice throughout the entire creative process of their competitions, from script to final edit, to ensure that the filmmakers have the best opportunity for their work to be used by that brand.
For more information about MOFILM, visit www.mofilm.com

Saturday, March 28, 2015

Facebook because of its scale has the platform just waiting for crowd funding $

Editorial

By James de Rin  - Friday March 27th 2015


The brands of Crowd Sourcing and Crowd Funding are patiently building market share as they disrupt the financial, equity, and rewards' crowd funding sectors. As Funding Circle, Crowd Cube,  Kickststarter and Indiegogo grow so too their tipping point grows nearer and nearer. A tipping point that companie’s like Facebook, Apple, Microsoft, HSBC, Citi Bank, Chase and Wells Fargo cannot ignore. Facebook because of its scale has the platform just waiting for crowd funding $ and Apple with its new payment system has the ecosystem. So until the behemoths realize what’s coming down the track then Funding Circle and Kick Starter and Indiegogo are ok but once the light bulb goes on at Facebook or Apple that’s when crowd funding will become a global people's bank funding business and peoples projects one $ at a time! Only the other day Facebook announced a walled garden for certain news outlets trying to grab a piece of Drudge's, the Drudge Report's business model. 

"The Old Grey Lady of newspapers is reportedly partnering with a brash newcomer in the publishing game — Facebook.
In a scoop about itself this week, The New York Times reported the paper will give up some of its precious website traffic to the social-media giant, a move that some media observers call a power shift in the digital publishing landscape.
Under the proposed deal, Facebook would host content from prominent news outlets such as The Times, National Geographic and Buzz Feed directly inside the Facebook app." 
I still prefer Drudge but Facebook has learnt from Microsoft that you do not remain static and sell the same software in a box year after year (remember that) you move, you change, you acquire before you lose market share. 
If everything in our capitalistic culture revolves around purpose for money and payment systems and jobs and projects then it is only logical that the end game is that crowd funding will replace the banks or become the bank! This isn't a run on the banks it is a run away from the banks for micro lending and micro equity funding or as today's buzzword Crowd Funding or what I like to call let's Crowd Source Capital. 

Funding Circle might soon become a billion-dollar tech firm

23 March 2015 | By Shruti Tripathi Chopra

    (left To Right ) Samir Desai James Meekings And Andrew Mullinger Founders Of The Funding Circle.

London’s on a roll with producing 
The latest entrant? Peer-to-peer lender Funding 
Circle, which lets members of the public and
some organisations make loans to small
businesses.

The London-based tech start-up is set to raise
£50m in the next two months. The new funding,
according to the Sunday Times, will give Funding
Circle a $1bn valuation. However, a spokesperson
from Funding Circle told us that this is all
speculationat the moment. Funding Circle was
founded in 2010 by Samir Desai (CEO),
James Meekings (CMO) and Andrew Mullinger.
The tech start-up boasts high profile investors
including Betfair co-founder Ed Wray and
Carphone Warehouse co-founder
Charles Dunstone.

Here are 5 things you should know about Funding Circle:

1. Funding Circle is the world’s leading
marketplace exclusively focused on small
businesses. More than £550m has been
lent to UK businesses to date.
Over $850m has been lent to 8,000
businesses
globally.

2. Since launching, Funding Circle has raised
$123m in equity capital from investors who
backed Facebook, Twitter, Skype and Betfair.

3. Funding Circle has over 37,000 active
investors registered and over 8,000
businesses have borrowed from
the company.
4. Funding Circle lends £35m to small
businesses every month.
5. The average loan amount is £60,000
and businesses can borrow up to £1m.

Starving artists no more? Meet the Kickstarter for music, arts







by Trent Gillies CNBC

Want to support your favorite starving artist? A new
payments website—one born out of frustration—
can help you help them.
"Patreon" Co-founder Jack Conte is half of the
musical group Pomplamoose, who started the site
two years ago. The group had been putting their
musiconline, and getting some payment via a YouTube
channel.
Yet with so much free online content available, many
musicians, writers and other creators are struggling to
get paid for their efforts. Conte wants to alter that
dynamic.
In an interview with CNBC's On The Money, Conte
explains, "I spent three months working on a music
videos, working eighteen-hour days, put it out, got
half-a-million views… and got a check in the mail
for a couple hundred bucks."
Conte added: "I thought, nope, that is not going to
be how this works."
The musician decided to launch his own start-up
with former Stanford roommate Sam Yam. Their
idea was to create a digital fan club, to harness the
power of fans. Thus was Patreon born, as a way for
artists to make money from the songs, art and
content they create.
"Artists get ongoing funding from their fans."
Yam told CNBC.
Artist dabbing paint brush in palette
Guido Mieth | Taxi | Getty Images
Patreon says 250 thousand patrons are donating
small amounts of money to 14 thousand active
creators. According to the website, it is sending
$2 million dollars a month to artists, and the
average payment creators are receiving is
$9 a month.
So why would fans pay for something they're
getting online now for free?
"The idea is patrons are donating out of goodwill,
but in terms of what they get back, its mostly
about intimacy and interaction with artists,"
Yam explained.
Kickstarter is the largest crowdfunding platform.
Since its 2009 launch, Kickstarter has funded
more than 81,000 projects, with 8.3 million people
pledging more than $1.6 billion in funds.
However, Yam explains instead of Kickstarter's
model of providing funding for particular projects,
Patreon is different. The site offers sustainable,
continued funding for artists, he says.
"It's more about supporting artists in an ongoing
way," Yam says. "The artists don't have to go
through building up a whole new project just
for their funding to create a whole new movie,
or anything else."
Patreon itself has received more than
17 million dollars in venture capital funding from
investors including Sam Altman (president of Y
Combinator), Stanford University, Alexis Ohanian
(co-founder of Redditt), David Marcus (former
PayPal President), and Stanford University.
Conte says Patreon is growing because more
content creators are going out to their fans and
telling their story, as he did.
"Guys, I'm making stuff. I know you like it,"
he said. "I know you're watching it or listening
to it or reading it. And I'd like to get paid to
continue." Conte says fans then flock to the
site, and are responding with their financial support.
"It's a natural instinct that humans have," he
said. Music and art lovers spot material that
they love, "is beautiful and is worth our attention
and our focus and we want to support it," Conte
added. "We want more of it."



London Brewery Seeks Money and Profile in Crowd Funding Craze!

by  Tom Beardsworth

(Bloomberg) -- Camden Town Brewery could seek the finance it wants to expand from a bank at historically low interest rates. Instead, it’s turning to crowdfunding to raise money and its profile at the same time.
The five-year-old company is seeking as much as 3.5 million pounds ($5.2 million) by inviting its customers and other investors to subscribe as little as 10 pounds -- the price of two pints of Hells lager in its own north London pub -- in return for equity. It plans to build a second brewery and triple its staff to 200, with a target to sell five times as much beer in 2020 as it did last year.
Little more than a buzzword a decade ago, crowdfunding has emerged as a challenger to traditional financing models by using Internet platforms to match those wanting money with the tens of thousands of individuals willing to stump up contributions of varying amounts. For young companies such as Camden Town Brewery, an online campaign not only brings in investment without the need for banks, it increases awareness of their products and services.
“The more we bring in the more security we have. It’s less bank debt,” the brewery’s founder, Jasper Cuppaidge, said in an interview. The campaign brought with it marketing spending the company normally wouldn’t have access to and “made us look a lot bigger than we are,” he said.

Financial Crisis

Equity crowdfunding and peer-to-peer lending, in which investors get their money back with interest, took off amid the financial crisis as startups and small firms had trouble getting loans from banks. For investors, it offered the prospect of returns at a time when banks and building societies paid next-to-nothing for deposits.
Now firms selling everything from salad dressing to pay-as-you-go electric cars are piling in, using matchmaking sites such as Crowdcube and Funding Circle Ltd.
Equity financing of the type used by Camden Town raised 84 million pounds last year, five times more than in 2012, according to a report produced by Cambridge University and London-based research firm Nesta. Alternative finance as a whole, which also includes peer-to-peer lending, accounted for about 1.7 billion pounds.
That represents a small slice of the small business lending market. Outstanding loans to private non-financial small and medium-sized enterprises totaled 155 billion pounds in January, Bank of England data show. And crowdfunding is more established in the U.S., though investment regulations there mean the market has been limited to high net-worth investors.

Growth Prospects

With bigger companies joining in, few restrictions on who can invest and the possibility that the Bank of England will increase interest rates from record lows this year, crowdfunding in the U.K. could grow fast, experts say. The average cost of new sterling loans to private non-financial firms fell to 2.5 percent in January, according to the BOE.
“Much in the same way as Amazon challenged Barnes & Noble, so will the financial industry find itself reshaped by online platforms,” said Gary Dushnitsky, an associate professor at the London Business School. “A more interesting question is whether the prevailing platforms will be led by new entrants or set up by existing banks. Cooperation rather than competition may be the hallmark of the future.”
For their money, Camden Town investors get freebies too. Subscribers who put in more than 1,000 pounds are invited to twice-yearly parties with free beer and receive a yearly case of lager. It’s a model used by Mexican food chain Chilango, which last year offered “burrito bonds” giving investors complimentary burritos in addition to fixed-rate payments.

Equity for Punks

For firms, crowdfunding doubles up as advertising and makes future networking easier, said Stian Westlake, research director at Nesta. A Scottish beer maker, BrewDog, started the trend in 2013 by raising 4.25 million pounds in an “Equity for Punks” campaign that included parking a tank outside the Bank of England.
It took less than a month for Camden Town to hit its initial 1.5 million-pound target. Since then, it’s continued to accept money, with almost 1,900 investors pitching in nearly 2 million pounds for 2.6 percent of equity, valuing the business at 75 million pounds. The company will have 3 million pounds of long-term debt this year, according to its accounts.
Over half of those investing through equity-based crowdfunding have an annual income of over 50,000 pounds and 21 percent of investors earn more than 100,000 pounds, according to the Cambridge University/Nesta report.

Ad Campaign

The brewery has taken out advertisements paid for by Crowdcube on the London’s underground rail network to entice commuters to invest some of their salary.
The ads compete for attention with those from retail stockbroker Share Plc, which says it has 260,000 customer accounts. “Gentlemen prefer bonds,” its ads say, in a pun on the 1953 Marilyn Monroe movie.
But with the BOE benchmark in its seventh year at 0.5 percent and yields on government and corporate bonds alike around all-time lows, the chance to invest in eye-catching projects may continue to draw people such as Jamie Smith.
Smith, a 34-year-old designer from London, invested 100 pounds in Camden Town “purely as a gesture of loyalty, being local fans of the brewery” since it began in 2010. “We have no expectations of this being an investment that will offer any real return, but I think our 100 pounds is pretty safe.”
To contact the reporter on this story: Tom Beardsworth in London attbeardsworth@bloomberg.net
To contact the editors responsible for this story: Fergal O’Brien at fobrien@bloomberg.netAndrew Atkinson

Friday, March 20, 2015

Hedging unemployment into an asset class.

by James de Rin

Dear Frank Underwood,

REF: Crowd funding unemployment into limitless real 
estate ownership!

I recently binged on Netflix’s third season of House
of Card’s and was surprised and amazed to learn of  
your  America Works program. Here in a fictional
Netflix streaming television show produced by the
higher echelon’s of Hollywood  was an idea that in
reality people might actually want, namely full
employment and why not. Every one deserves a 
job and every one wants a job.

Now that crowd funding and crowd sourcing has
grown up and gone legit perhaps it is time to
revisit a simple concept.

If the unemployed are paid weekly by the government
to live could $1 from each of the unemployed be
transferred into a real estate asset class to buy properties
with no debt at auction, at market value, and from
banks for the sole purpose of being remodeled, fixed up,
painted etc by the unemployed and owned by the
unemployed and then rented to the unemployed.

In other words create an ecosystem out of an
existing ecosystem that fixes properties, employs
the unemployed and creates an asset that they own.
Too far fetched for most politicians, but perhaps if
 I could pitch you (Frank Underwood) you could run 
with it. Just imagine $9,200,000 every Friday to 
buy broken properties and with the upside creating a 
fund that the unemployed own and that creates 
employment.

Any vested politician running with this idea might attract 
9,200,000 voters right off the bat as they get to own a % of a 
house from the beginning and going forward get to build a 
limitless property portfolio with no debt which compounds with 
value with government assistance and government purpose. 
It turns state aid into a private asset $1 at a time.

Last time I checked there were 9,200,000 unemployed
x $1.00 every Friday = $9,200,000 per week to spend on
real estate! That’s $478,400,000 a year in the US alone to
spend on real estate properties. In February 2015 the
unemployment rate decreased to 5.50 % but….

“If you add the current number of Americans without a job
(9.2 million) to the number of US citizens not in the labor force
(92.02), you come up with 101.22 million working age Americans
Who do not have work, according to data from the US Bureau of Labor

Statistics (BLS)



Victory Park Capital to finance Funding Circle loans

Funding Circle, the world's leading online 
marketplace for small business loans, 
today announces that Victory Park Capital, 
an asset management firm based in the 
US and an active lender to UK and 
European companies, will finance up 
to $420 million in loans to small 
businesses originated through 
Funding Circle both in the UK 
and US over the next three years.

This new, long-term agreement, which 
significantly extends the existing relationship 
between Funding Circle and Victory Park Capital, 
will allow Funding Circle to provide a much 
needed further injection of funding into the small 
business sector and reflects the strong growth 
of Funding Circle globally over the past twelve 
months. Funding Circle has now facilitated more 
than $850 million in loans to 8,000 small 
businesses globally.
Victory Park Capital has been actively involved 
in the marketplace lending sector since 2010 and 
has made more than US$2.2 billion of investments 
and commitments across a number of financial 
technology platforms, multiple geographies 
(US, UK and Europe), products 
(consumer and business) and structures 
(whole loans and senior credit facilities).
The investment combines cutting-edge technology 
with market leading financial solutions. 
Victory Park Capital was an early institutional 
partner to Funding Circle in the US and 
this new funding will be invested across all risk 
bands, in accordance with Funding Circle's 
industry-leading credit criteria.
Gordon Watson, Principal of 
Victory Park Capital, commented: "Funding Circle 
has experienced tremendous growth over the 
past year and we are pleased to expand our 
on-going partnership to both sides of the Atlantic. 
With this additional lending facility, 
Funding Circle will be well-positioned 
to continue to disrupt the traditional banking 
model through 2015 and beyond."
Samir Desai, CEO and co-founder of 
Funding Circle, added: "We're pleased to be 
welcoming additional new financing to the 
marketplace, which will further support small 
businesses. Today's news is a significant step 
on our journey to creating the global infrastructure 
where any investor, big or small, can lend 
to creditworthy small businesses looking to grow."
Sachin Patel, Head of UK Capital Markets 
at Funding Circle, said: "Partnering with 
Victory Park both in the UK and US is testament 
to our proven track record in facilitating loans 
with attractive yields and consistent credit 
performance. Funding Circle is opening up 
an asset class to investors that has previously 
only been available to high street banks."
Launched in 2010, Funding Circle is 
helping to spark a global revolution in the way 
small businesses access finance, disrupting 
the traditional model of banking. 
Funding Circle's proven model enables 
businesses to access finance in a matter of days, 
directly from investors who earn high, stable returns.
Through Funding Circle, businesses typically 
access the capital they need in seven days 
compared to 15-20 weeks with a bank. 
Independent research* has found that three 
in four businesses would come to Funding Circle 
first in future, ahead of a bank. 

Sunday, March 1, 2015

Crowdcube Co-Founder named as one of Britain’s Most Influential Entrepreneurs

Crowdcube Co-Founder named as one of Britain’s Most Influential Entrepreneurs

The co-founder of equity crowdfunding platform Crowdcube, has been named by Debrett’s as one of Britain’s 500 Most Influential People. 

Darren Westlake was named in the list published in The Sunday Times. The Debrett’s 500 2015 List recognises the most influential and inspiring people living and working in Britain.

Westlake was one of 20 entrepreneurs in the study alongside Innocent Drinks Co-founder Richard Reed, Lastminute.com co-founder Brent Hoberman and Supergroup co-founder Julian Dunkerton.  

Other influential people in the list include: Sir Tim Berners Lee, inventor of the World Wide Web; Nicola Mendelsohn, head of EMEA operations at Facebook; Sir James Dyson, inventor of the dual cyclone bagless vacuum cleaner and the retired footballer David Beckham.

Since Westlake and co-founder Luke Lang launched Crowdcube in 2011, the platform has raised just under £55 million for 188 businesses across the UK, equivalent to raising £1569 every second over the last four years. 

Speaking about the accolade, Westlake said: “This is a real honour. We are proud to have challenged the traditional finance sector and created a vibrant new market for entrepreneurs seeking finance and investors.” 

“Britain has led the world in financial services for centuries and it is now the turn of ambitious young and innovative businesses, like Crowdcube, to continue this tradition.” 

Click here to learn more

Monday, February 16, 2015

U.K. Banks Pilot Loan Sales to Crowdfund Site investUP

Thursday, January 29, 2015

Crowdfunder Fundrise marketing 3 WTC bonds

Platform offers users a chance to invest in the building's senior debt
January 27, 2015 09:34AM
Fundrise's Ben and Daniel Miller, 3 World Trade Center and Larry Silverstein
Fundrise’s Ben and Daniel Miller, a rendering of 3 World Trade Center and Larry Silverstein

Crowdfunding platform Fundrise is marketing some of the tax-free bonds used to finance Silverstein Properties’ 3 World Trade Center. The website, which counts top Silverstein executives  among its key investors, is offering up the chance to invest in a $2 million share of the 80-story skyscraper’s most senior debt, according to Capital New York. Fundrise is not directly re-selling the debt, according to the website, but is offering a chance to invest in a trust that holds the debt. Silverstein sold the tax-free Liberty Bonds in October for roughly $1 billion of the building’s financing at an initial annual return of 5 percent. Fundrise raised $31 million in May, as TRD  reported. Silverstein’s chief executive Martin Burger and president Tal Kerret were among the investors.  [Capital NY] – Claire Moses