Studios and Venture Capitalists
A few short years ago an entrepreneur couldn’t build and scale a successful tech or media company without raising millions of dollars in venture capital funding. The same can be said about a video creator or filmmaker where they couldn’t create a hit show or film without the resources that a corporate studio provided. Fast forward to 2010 where we are seeing many startup companies and films succeeding without the support of big corporate money. I don’t know what you think about all this, but to me it’s truly refreshing to see new possibilities and opportunities, and to watch as the business and media industries rapidly change like never before. Look no further than Mark Zuckerberg of Facebook as I believe that he’s the poster boy for the new generation of business visionaries, innovators, and leaders.
Our vision is to grow Spidvid into the web’s open video production ecosystem where individuals share and aggregate their talent and resources together so new video entertainment can be created. Studios are still needed for the most part to develop and promote feature films, but many top web series and short videos/films of the future will be the result of collaborative teams that crowdsource their funding, and leverage new marketing tools at their disposal for free.
I thought up this connection between studios and venture capitalists the other day when I was working out, and couldn’t resist writing a post about it. I’m both an optimist and evangelist when it comes to new media and business, and it’s very exciting because we’ve never seen the world transform so drastically so fast like we are today. This post is a bit random, but I hope it provided some good food for thought.
