At his blog A VC, Fred Wilson examines a few provisions of the banking reform bill currently being debated in Congress and highlights a couple of provisions that could affect filmmakers. From his blog: 1) Changing the definition of a “qualified investor” in angel and venture deals. Not just anyone can invest in a startup company. You have to be a qualified investor. A qualified investor is currently defined as anyone with a net worth of over $1mm or net income of over $250k. Dodd’s bill would increase that to $2.3mm and $450k respectively. And then index those numbers to […]
by Scott Macaulay on Mar 26, 2010Filmmaker Marie Losier is well known in her New York for her beguiling experimental films, which include portraits of a number of today’s most unconventional and important artists. For the last four years she has been filming Genesis Breyer P-Orridge, artist and founding member of Throbbing Gristle and Psychic TV, among other ventures. Beginning in 1993, P-Orridge began a radical art project with his wife and artist partner, Lady Jaye, in which they both underwent plastic surgery to resemble each other, creating, they said, “an indivisible third,” a “pandrogyne.” Lady Jaye passed away in 2007, and Losier’s film will tell […]
by Scott Macaulay on Mar 9, 2010