The Producer's Perspective: Yesterday was a big day for the Broadway Investing underworld.
I say “underworld,” because it wasn’t too long ago that in order to invest in a Broadway show, you had to know a guy who knew a guy.
Broadway Investing has been a secretive subculture for decades (which is ironic considering its risk – you’d think we’d let and want anyone willing and able to jump into our fray). But over the last several years, thanks to the gobs of information you can find on the internet, and certain high profile stories including my crowdfunded Godspell and the JOBS act, more and more investors from around the world have said, “Hey, I’d like to invest in Broadway. Can I play?”
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