249 - Answering 10 FAQs on Broadway Investing

About this episode: Before I crowdfunded Godspell, I had a thesis. “There are thousands of people out there who would love to invest in Broadway shows . . . they just don’t know how to do it, or who to talk to.” Sure enough, when we announced our plans for Godspell, thousands of leads poured in. In between placing all those return calls I remember thinking, “Huh, will you look at that . . . I got this one right.” Of course, not all those people invested (in the end we had about 750 investors), but thousands expressed interest and proved my thesis correct. And all those thousands of people had questions. Five years later, people still have questions about investing in Broadway shows. As I’ve spoken to more and more potential investors, I’ve noticed that many of the questions are the same. That’s why I’ve created this FAQ for Broadway Investing. So whether you’re a potential Broadway Investor looking to dip your toes into our theatrical waters, or whether you’re a Producer looking to raise money for your show, I think you’ll find these Qs and their appropriate As helpful. Referenced in this episode: The TheaterMakers Facebook Group: www.facebook.com/groups/theatermakersstudio Continue the conversation: www.instagram.com/kendavenportbway The Producer's Perspective: www.theproducersperspetive.com About the podcast: After 6 years of podcasting with one style, we're shaking it up here - no guests! Just me! I'm giving you micro-episodes with my perspective on Broadway and the comeback on Broadway. About me: Ken Davenport is a Tony Award-winning Broadway producer and writer whose credits include Once On This Island (Tony Award), Gettin’ the Band Back Together, The Play that Goes Wrong, Groundhog Day (Tony nomination), Deaf West Theatre’s Spring Awakening (Tony nomination), It’s Only a Play, Macbeth starring Alan Cumming, Godspell, Kinky Boots (Broadway - Tony Award, National Tour, Toronto, Australia, and West End), and more, including multiple Off-Broadway productions! Ken’s shows have been produced internat