[cc-community] Overview of P2P finance Hi all

by coincidence we just published an overview of P2P finance covering  
Prosper, Zopa, Sellaband, Kiva and Fundable.
http://www.openbusiness.cc/2007/05/20/the-emergent-field-of-p2p-finance/

Best
--Ch


On 20 May 2007, at 03:38, drew Roberts wrote:

> On Saturday 19 May 2007 09:52 pm, Christopher Budnick wrote:
>>> Thank you so much for the info. Do you know if they have any funding
>>> ideas / experiments going on? I would be happy to throw ideas around
>>> along those lines.
>>
>> Essentially the way we're handling it now is with allowing the bands
>> to handle a lot of the monetizing themselves. We release the music
>> ourselves through multitude venues (local stores which play the music
>> and give away or sell CDs, priority radio time set aside for free
>> music by college stations, distributed through our website and on
>> other review sites) and promote and hold shows for the bands under  
>> our
>> label. We have a small amount of seed money from successful shows
>> we've had and initial funding that I and a few others have provided.
>> With that we're pressing limited runs of vinyl and cd-rs to give to
>> the band for free. in turn, the band sells them at their shows and on
>> their website and keeps all of the money from any sales with no
>> obligation to pay us back. If they'd like more materials, we're happy
>> to order them, and this is just the first sort of experiment in  
>> how to
>> fund the creation of free music.
>>
>> The studio time is donated to us by college radio stations (they
>> obviously have a vested interest, both in charter and
>> self-preservation, in 'funding' free content) and the production is
>> taken care of by the recording artist, a tech at the station, or an
>> independent producer/company that has donated us time.
>>
>> We've been able to involve /a lot/ of larger named bands,  
>> partially as
>> we're curating music to be distributed with the first shipments of
>> OLPCs as part of their free content packages.
>
> Thank you for this information. I will give it further thought.
>>
>> best
>> Christopher (typically a lurker)
>
> all the best,
>
> drew
> -- 
> (da idea man)
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>

Christian Ahlert
ca@openbusiness.cc



