Producing an indie film is like running a bootstrapped startup
blog.shoutt.me
blog.shoutt.me
If you don't like the analogy, pick another one. But more broadly, there is a lot of similarities between the types of people involved. I've advised creative, driven indie filmmakers who fit right into the creative, driven mould of startup entrepreneurs.
The use of Angel as an investor term originates with Broadway shows, and the “Broadway Angels” that provided investment capital so “the show could go on.” Anyone who has been in the entertainment industry knows that most shows lose money. But, that didn’t bother Broadway Angels – they invested to promote the art form, rather than merely to make money.
Sources:
http://foundercorps.org/node/67
http://www.gsb.stanford.edu/ces/resources/angel_financing.ht...
hope this can help save some costs for you guys and good luck!