![]() ![]() I’ll focus primarily on the seed landscape here, but the Cobra Kai framework applies just as readily to later stage funds as well. My latest binge? “The Karate Kid” series continuation “Cobra Kai” on Netflix.Ī long-time fan of “The Karate Kid,” I find my style’s a bit more Miyagi-Do, but, in reflecting upon my last few years as a founding GP at a young VC firm, I see some parallels between what it takes to win as an emerging manager and the mantras by which the Cobra Kai school abides.īefore diving into that, let me quickly set the stage for what the competitive landscape looks like for emerging managers these days. Like many of us during COVID-19, I’ve found myself watching a bit more TV than I’m typically accustomed to. ![]() He was previously an associate at Greenspring Associates where he started the firm’s machine learning platform. We ran through those on Deadline last week.Huston Collins is an investor at Fika Ventures. To help members traverse its labyrinth of struck and not-struck contracts, the guild has put out electronic flyers showing members which contracts they can and cannot work under. Does it dilute a strike if a number of big productions get a waiver? Or conversely, does it sock it to the studios if business continues without them? Some of those sending in applications for waivers are for sizeable projects with A-list actors aboard, also complicating SAG’s approach to waivers. Just qualifying for waiver consideration is complicated, not least due to pre-sale distribution deals that may have been signed with a streamer or studio in certain territories. Will eligible producers crack on or will such a move be deemed too complicated and/or optically unpalatable? is if the WGA pickets SAG-AFTRA-waived projects, and Teamsters refuse to cross the lines. Another risk - for productions in the U.S. Among them: will actors want to take part in a project that gets a waiver when many other actors are unable or unwilling to work? That’s a risk that still has completion bond firms nervous even for films with waivers. There remain a number of questions, however, which mean the path to production won’t be straightforward. The agreements are being granted to “truly independent producers” as long as they are not affiliated with the Alliance of Motion Picture and Television Producers and agree to be bound retroactively to whatever contract terms eventually are achieved with the AMPTP when the strike is settled. We’ve reached out to SAG-AFRA for confirmation and any official update on the number of waivers it might grant in coming days. We’ve confirmed the same update from another source on the movie - making it the first known film or TV project to be granted a waiver. Thanks to the SAG-AFTRA Interim Agreement, productions like ours can continue,” read the scrubbed tweet. We are an independently financed, independently produced feature film with no studio or connection to the AMPTP. “Very grateful to SAG-AFTRA for clearing BRIDE HARD to continue production in Savannah. Over the weekend, in a now deleted tweet, a crew member working on upcoming Simon West action-comedy Bride Hard posted that the film had been granted permission by SAG-AFRA to continue filming in the U.S. But for now they can move ahead if they promise to confirm they will abide by its terms when it becomes available. Typical procedure would be for a producer to sign an agreement directly. Things are now speeding up with waivers - or, more specifically, equivalent letters certifying that one is on the way. The guild’s website promised weeks ago that when a strike was authorized, waivers would be granted, but it didn’t disclose terms, how, or when. There’s little recent precedent for a waiver template given that the last SAG strike for theatrical and TV actors was in the 80’s. Upcoming indie film Bride Hard, due to star Rebel Wilson, and at least a half dozen other movies now have permission to move ahead, and the flow of so-called “non-interference agreements”, and ultimately waivers/interim agreements, is set to intensify in coming weeks for projects with no connection to a studio or streamer. ![]()
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