Investing
How fractional ownership via SPVs works
One project, one single-purpose vehicle. You buy units of the SPV; the SPV holds a published share of the project’s revenue waterfall.
One project, one entity
Each offering on FILM.FUND is a dedicated single-purpose vehicle — typically a Delaware LLC — whose only asset is a contractual position in one project’s revenue waterfall. No pooling, no blind funds, no cross-collateralization.
What your units represent
Your units are membership interests in the SPV. When the project generates revenue that reaches the SPV’s waterfall position — distribution advances, licensing fees, platform revenue — distributions flow pro-rata to every unitholder. Unit price, total units, and the SPV’s waterfall percentage are published on every offering page.
Regulatory frameworks
Offerings run under established U.S. frameworks: Reg CF community rounds open to everyone (within annual limits), Reg D 506(c) for verified accredited investors, and Reg A+ for larger raises. Every offering page states its framework and any eligibility requirements.
FAQ
Can I sell my units?+
Units are currently illiquid — there is no secondary market. Plan to hold until distributions or a liquidity event.
Who manages the SPV?+
A platform-affiliated administrator handles collections, distributions, tax documents, and reporting — covered by the creator’s annual administration fee.
Related in Investing
FILM.FUND is a technology platform, not the issuer of any offering, and does not provide investment, legal, or tax advice. All investments involve risk, including total loss of capital.