Junction is a San Francisco-based online

investment platform A fund platform or investment platform is an online service that allows investments to be bought online. Fund platforms may simplify the process of investing or provide investments at a discounted rate. Use In many cases, investments purchased on ...

that allows

accredited investors An accredited or sophisticated investor is an investor with a special status under financial regulation laws. The definition of an accredited investor (if any), and the consequences of being classified as such, vary between countries. Generally, ac ...

to purchase

limited partnership A limited partnership (LP) is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners (GPs), a limited partnership must have at least one GP and at least one limited ...

interests in

funds Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses ...

that invest in major motion pictures. It differs from donation-based

crowdfunding Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over was raised worldwide by crow ...

for film as members of Junction receive investments indirectly in the film projects rather than gifts, and the projects listed on Junction are already fully financed. Investors become

limited partners A limited partnership (LP) is a form of partnership similar to a general partnership except that while a general partnership must have at least two general partners (GPs), a limited partnership must have at least one GP and at least one limited ...

in a fund that has economic exposure to the project through an investment agreement with one of the film's financiers. Junction's business is facilitated by the United States

Jumpstart Our Business Startups Act The Jumpstart Our Business Startups Act, or JOBS Act, is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations. It passed with bipartisan support, and was signed into ...

, the passage of which in 2012 created new avenues for companies to solicit investments.

History

Junction was founded in 2012 by Adam Kaufman, a former Goldman Sachs banker, and Brian Goldsmith, a former CBS News producer. As of March 2014, their team includes a former Google engineer, a onetime technology employee at Goldman, and a former lawyer at Cravath, Swaine & Moore. Their advisors include

Steve Wynn Stephen Alan Wynn (''né'' Weinberg; born January 27, 1942) is an American real estate developer and art collector. He is known for his involvement in the American luxury casino and hotel industry. Early in his career he oversaw the construction ...

Jason Blum Jason Ferus Blum "Jason Ferus Blum was born in LA in 1969 to Shirley Neilsen, an art professor, and Irving Blum, an art dealer" (; born 1969) is an American film and television producer. He is the founder and CEO of Blumhouse Productions, whic ...

and

Logan Green Logan D. Green is the co-founder and CEO of Lyft, which he founded with John Zimmer in 2012. Lyft grew out of Zimride, a ride share company previously founded by Green and Zimmer in 2007.Chima, ChikodiTicketfly partnership makes music events mor ...

. Financiers including

Worldview Entertainment Worldview Entertainment is an American independent motion picture company that finances and produces theatrical quality feature films for worldwide distribution. The company was founded in 2007 and is based in New York City. Worldview has produced ...

, Endgame Entertainment, PalmStar Media, QED International and Silver Reel are reported to be working with Junction . In October 2014, the European

equity crowdfunding Equity crowdfunding is the online offering of private company securities to a group of people for investment and therefore it is a part of the capital markets. Because equity crowdfunding involves investment into a commercial enterprise, it ...

platform

Seedrs Seedrs is an online equity crowdfunding company, headquartered in East London's Tech City, founded in 2009 and launched by Jeff Lynn and Carlos Silva in 2012. Since 2022 it has been a subsidiary of American crowdfunding company Republic. In 2 ...

announced the acquisition of Junction.Jeff Lynn, "Seedrs Acquires Junction Investments and Will Expand to the United States", Seedrs Blog, 30 October 2014
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References

{{Crowdfunding platforms Financial services companies established in 2012 Defunct crowdfunding platforms of the United States Private equity firms of the United States Financial services companies based in California Defunct companies based in California

History

See also

References