david geertz
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- Dec 10, 2009
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Andrew,
8% does equate into that amount and lets see.....
12 staff (and growing for scalability of SoKap) including legal, accounting, brand development, web development, marketing, media relations, and support staff.
Overhead for tradeshows, office space, equipment, servers, cloudspace, CDN space, outside legal on issues related to coops, etc etc etc.....
Do you have a problem with companies that make money for providing a service?
To answer your question on me owning a membership.....NO...I do not own one. The very first membership (to launch the site) was me registering my Mom.
Once again this word ponzi pops up. Do you even know what a ponzi scheme is? We have a capped membership, and members are prebuying a copy of the film. The use of proceeds is clearly outlined and if you wish to market the project to your friends...we pay you a commission...just like the studios do with their daisy chains within the pre-sales system.
I suggest that you look at the definition again before making these allegations that you can't defend.
http://en.wikipedia.org/wiki/Ponzi_scheme
If you have actually worked in the film business for any length of time you might realize that this system benefits the filmmaker and his/her fans directly. It's a little different and we know this...but hey....go make your films your way. You don't have to join our project.
Thanks
David Geertz
Founder + CEO
The Biracy Project
www.biracy.com
8% does equate into that amount and lets see.....
12 staff (and growing for scalability of SoKap) including legal, accounting, brand development, web development, marketing, media relations, and support staff.
Overhead for tradeshows, office space, equipment, servers, cloudspace, CDN space, outside legal on issues related to coops, etc etc etc.....
Do you have a problem with companies that make money for providing a service?
To answer your question on me owning a membership.....NO...I do not own one. The very first membership (to launch the site) was me registering my Mom.
Once again this word ponzi pops up. Do you even know what a ponzi scheme is? We have a capped membership, and members are prebuying a copy of the film. The use of proceeds is clearly outlined and if you wish to market the project to your friends...we pay you a commission...just like the studios do with their daisy chains within the pre-sales system.
I suggest that you look at the definition again before making these allegations that you can't defend.
http://en.wikipedia.org/wiki/Ponzi_scheme
If you have actually worked in the film business for any length of time you might realize that this system benefits the filmmaker and his/her fans directly. It's a little different and we know this...but hey....go make your films your way. You don't have to join our project.
Thanks
David Geertz
Founder + CEO
The Biracy Project
www.biracy.com