Lee Tamahori seeks $500k through crowd-funding

Tue, 02 Sep 2014

By Suze Metherell Sept. 2 (BusinessDesk) - A new film to be directed by Lee Tamahori is hoping to raise the final 5.3 percent of its $9.4 million budget via equity crowd funding on the Snowball Effect platform, offering investors preferred shares with a 20 percent per annum return. The film 'The Patriarch', based on the 'Whale Rider' author Witi Ihimaera's novel 'Bulibasha', is looking to raise a minimum of $300,000, with a cap of $500,000, from New Zealand investors via equity crowd funding. The project is hoping to lure investors after...

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