Please read the following Investor Education Materials carefully to ensure you understand the investment process and risks of investing in projects on WeVidIt's Investment Marketplace.
INVESTMENT PROCESS
How does the investment process work?
- After making a project open for investments, creators (issuers) complete an extensive application providing financial statements, information on team members, and much more. They set an investment goal and deadline for their investment raise. Investors then invest in a project. The project must reach 100% of its investment goal, and then creators (issuers) can withdraw the funds to take their project to production.
How are investments on WeVidIt different than the stock market?
- Investments on WeVidIt are riskier, so do not invest more than you can afford to lose.
- All or nothing: film/TV projects can become famous blockbuster films or flop once they get to market (or even fail in production).
- It will take a long time to see a return on your investment.
- Your money will help the creator develop, produce, and market their project
How is WeVidIt regulated?
- WeVidIt is closely monitored by regulatory bodies.
How is WeVidIt legal?
- Regulation Crowdfunding law (May 2016) made it legal for anyone (not just an “accredited investor”) to invest in creators and their projects.
Who are WeVidIt’s partners?
- WeVidIt Media partners with a number of film festivals and organizations to better reach talented creators in the film & TV industry. However, none of our partners are investing in WeVidIt’s offerings. These partners align with WeVidIt Media’s mission of creating a more diverse and representative film and TV industry. WeVidIt Media’s partners include the National Academy of Television Arts & Sciences, Motion Picture Association, Native American Media Alliance, New York Latino Film Festival, New Filmmakers LA, LA Skins Fest, Barcid Foundation, and Screen Central.
ISSUERS
What is an issuer?
- An issuer is the one who is issuing securities for their project/company. On WeVidIt’s platform, creators who have made their projects available for investor funding are issuers.
How do creators upload a project?
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💡 Click the (+) icon, and begin by choosing a 60 second or less video. This could be a preview, traditional pitch, trailer, or teaser video for your original film/TV show idea. This can be for a film/TV show you’ve already created or one you want to create in the future.
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How long do issuers have to reach their investment goal?
- When you complete your project application (sent to you via email), you set your offering deadline. This must be longer than 21 days and less than 12 months from the date of project creation. If your project does not reach the investment goal during this time, all investment funds will be returned to investors.
Where do creators manage their projects?
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💡 Click the (portfolio) icon. This is your portfolio, where you can view the status of projects you’ve invested in, created, collaborated on, or saved. You can track the progress of your investments, and if you are a WeVidIt Pro subscriber, you can also view important statistics about audience ratings and feedback of your project.
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How do issuers withdraw their investments?
- Once your project’s investment goal has been met, access the project from your portfolio and click “Withdraw Funds.” Enter the amount you would like to withdraw, and expect to receive the funds after WeVidIt processes your request (usually 5-7 business days).
INVESTORS