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The Collective
Mina Black
February 25, 2024
Hi, Welcome to The RainMakers Newsletter New Look
We’re shaking things up with the newsletter. You’ll notice the new layout. We think it makes for an easier read.
First, you’ll notice the featured opportunity. A new Off-Broadway play starring the amazing Sarah Paulson. You may recognize her from the movie, “Ocean’s 8”, the show “American Horror Story” and many more.
Next, you’ll see an invitation to check out, The Traveling Diary, an amazing community of women sharing their stories in a very unique way.
Make sure to check out the Alts News Corner as well as the company news section to stay on top of what’s happening in the world of alternative investments.
Until next time.
FEATURED OPPORTUNITY
A new Off-Broadway play starring an amazing cost. The total capitalization is $3,750,000.
The total weekly operating budget is $446K. Below is the synopsis of the show:
ABOUT THE SHOW
“It’s summer, the cicadas are singing, and the Lafayette family has returned to their late father’s Arkansas home to deal with the remains of his estate. Toni (Sarah Paulson), the eldest daughter, hopes they’ll spend the weekend remembering and reconnecting over their beloved father. Bo (Corey Stoll), her brother, wants to recoup some of the funds he spent caring for Dad at the end of his life. But things take a turn when their estranged brother, Franz (Michael Esper), appears late one night, and mysterious objects are discovered among the clutter. Suddenly, long-hidden secrets and buried resentments can’t be contained, and the family is forced to face the ghost of their past.”
COLLECTIVE MINIMUM INVESTMENT: $25,000; MINIMUM INDIVIDUAL INVESTMENT: $5,000;
PRESENTED BY: THE TRAVELING DIARY
The Traveling Diary is a community where a physical composition notebook passes from woman to woman across the globe.
Today, maybe even right now, somewhere in the world a woman is opening her mailbox to find a treasure she’s been anticipating for weeks or in some cases months.
She's waited for this moment, thinking of what she might share once The Diary finds its way to her doorstep. The woman knows she’s a part of something sacred; something shared between a newfound global community of sisters.
The woman opens the package and what she finds is simple, sturdy, understated. She reads the words of other women, feels their pain, and shares their laughs or frustration. She finds the blank page.
What is her story? What will she share?
ALTERNATIVE ASSETS NEWS CORNER: NEW BROADWAY PODCAST
In celebration of Black History Month, we’re highlighting a new bi-monthly podcast that celebrates the contributions of Black creatives on Broadway.
The show, “The Black Business of Broadway” is about the successes and not so successful stories of an often-overlooked group on Broadway.
There are 43 episodes. Each episode is ~40+ minutes. All of the episodes are worth a listen. Episode #37, “Powered By Our Ancestors” with Sade Lythcott, CEO of The National Black Theater is worth a listen.
GET BETTER WITH ALTS
What is recoupment?
In the world of Broadway there is an important term you should know: recoupment.
Recoupment in Broadway production refers to the moment when a show has earned enough revenue to cover all of its initial investment costs. This is a significant milestone for any Broadway production, marking the point at which it starts to generate profit for its investors.
The process of recoupment involves earning back the initial outlay through ticket sales, merchandise, and sometimes rights for recordings or subsequent productions. You may recall one of our earlier investment opportunities was The Nutty Professor cast album.
The timeframe for recoupment can vary widely from one show to another, depending on factors such as the production's popularity, ticket prices, the size of the theater, and the overall running costs of the show.
Some productions recoup their investments within a few months, while others may take much longer or may never recoup at all.
Recoupment is critical for the financial health of a Broadway show. Once a show has recouped its initial investment, any additional revenue is considered profit, which can then be distributed among investors like us according to our share.
Review the production budget for “Appropriate” and notice the number of weeks they predict for recoupment.
COMPANY NEWS & EVENTS
We’re shaking things up in the alternative investments world. Specifically, we’ve introduced Broadway investing, art investing and movie investing to women who may have never considered it as part of their wealth building strategy.
As we continue our mission, we hope you continue to share the world of alternative investing with friends and family that want to go #beyondthemarkets.
Stay tuned for details about our next event, investing in sports teams.