Company Profile (AI Text) Name: Starfish Film LLC Canonical URL: https://wefunder.com/starfishfilm Updated at: 2026-06-06T05:02:23Z Tagline: Back the original sci-fi film with a projected path to Sundance, distribution, and ROI Key claims: - Total raised on Wefunder: 147597 | citation: https://wefunder.com/starfishfilm#claim-total-raised - Total investors: 70 | citation: https://wefunder.com/starfishfilm#claim-total-investors Verified facts: - Total raised on Wefunder: 147597 | observed_at: 2026-06-06T05:02:23Z | expires_at: 2026-06-07T05:02:23Z - Total investors: 70 | observed_at: 2026-06-06T05:02:23Z | expires_at: 2026-06-07T05:02:23Z Computed metrics: - total_amount_raised: 147597 - total_investors: 70 - team_size: 2 - featured_investor_count: 2 - faq_count: 5 - recent_post_count: 10 Quick facts: - Our talented team has worked with studios including A24, Netflix, Neon, Ubisoft & Riot Games | citation: https://wefunder.com/starfishfilm#claim-fact-1 - More than 40 awards won for prior films | citation: https://wefunder.com/starfishfilm#claim-fact-2 - Over 45 million views garnered for online film content created | citation: https://wefunder.com/starfishfilm#claim-fact-3 - Our director has run and owned his own production and marketing company for 8+ years | citation: https://wefunder.com/starfishfilm#claim-fact-4 - Our producer successfully raised $240k+ for a startup venture in 2014 | citation: https://wefunder.com/starfishfilm#claim-fact-5 - For the concept scene, we worked with six time Emmy winner, Scott Takeda | citation: https://wefunder.com/starfishfilm#claim-fact-6 FAQ: - Q: The docs assume 20% fees (platform + agent), but do not define: 1. Whether net is post-distributor deliverables. 2. If marketing, residuals, or deferred creator fees are deducted. 3. Who audits or signs off on this number. Is ‘net revenue’ defined in the LLC’s operating agreem... A: Hi Ritesh! Thanks for raising these questions. In our forecast, we treat “net revenue” as the money we actually collect after we pay our platform and agent their 20 percent cut. Everything else—like making the deliverables, running marketing campaigns, and settling any deferred fees or residuals—gets handled later in the payment waterfall. The PPM today defines “net cash flow” a bit more broadly, taking out those costs upfront, so we’ll be updating the LLC agreement to make our pro forma defi... - Q: The Business Plan says 40% of net profits go to investors — but this is not enforceable unless: It's in the Operating Agreement or In a legally binding Subscription Agreement (which is not included in any of the files you shared). Is the 40% profit share and preferred return s... A: Thanks for the question, Ritesh. Under SEC guidelines, we are 'Testing the Waters'. Right now, we are not asking for investment but gauging investor interest. Our subscription agreement is under review by WeFunder as we speak, and any proposed investment made now will be followed up with the opportunity to make a final investment WITH our final PPM after our audit is finished. The PPM handles the 40% profit share, and you will have the opportunity to review in full before final commitment. An... - Q: Are distribution deliverables, publicity, and residual costs recouped before investor payout? If so, are those capped or disclosed? A: Yes—in our current PPM, all delivery costs (DCPs, subtitling, masters, etc.) and marketing/publicity fees are deducted as “customary costs” before we calculate Net Cash Flow, so they’re effectively repaid ahead of any investor distributions. Those line items aren’t individually capped or broken out in the PPM—they ride under the broad “distribution expenses” and “marketing” buckets. Residuals or deferred creator fees aren’t called out separately and default into “operating expenses,” giving M... - Q: Will the LLC be closed after Starfish is monetized, or can it be repurposed? Do creators have the ability to dilute investors or take backend fees not disclosed here? A: Please keep in mind that WeFunder is reviewing our PPM and auditing our information and some of these terms are subject to change, and I would advise you to read the final PPM and Operating Agreement once they are submitted for investor review. As it stands, our Operating Agreement lets us keep the LLC alive (or fold it into something new) long after Starfish wraps. Investor profit and reporting rights end ten years after the film’s first commercial release, but the managers can at any time m... - Q: What tax documents will investors receive (K-1, 1099, etc.)? Will Section 181 be used and passed through? A: As it stands, investors won’t get 1099s for distributions—Starfish is a Colorado LLC taxed as a partnership, so every year the Company will file Form 1065 and issue each Investor a Schedule K-1 showing their share of the film’s income, losses (including production deductions) and any Section 181 write-off. We do plan to elect the Section 181 “film expensing” deduction on our return, and that deduction flows straight through to each K-1 (subject to your individual basis and at-risk limits). No... Recent posts: - 12 hours left to Invest! (2026-04-30T16:24:16Z) https://wefunder.com/feed/313308 - Only 8 Days Remaining! (2026-04-22T18:53:44Z) https://wefunder.com/feed/305928 - This is your last opportunity to get a piece of the pie! (2026-03-19T21:07:20Z) https://wefunder.com/feed/279073 - We see the problems in Hollywood and designed an original sci-fi designed to counter them. (2026-02-12T23:53:17Z) https://wefunder.com/feed/258032 - (2025-11-18T19:34:26Z) https://wefunder.com/feed/222782 - An original sci-fi film with a clear path to Sundance, distribution, and ROI We just broke 6 figures in our raise! Perfect momentum as we headed into The American Film market to meet fellow filmmakers, distributors, international sales reps, and pitch the film to additional investors. The main takeaway: We're NOT like other indie films! Not a single filmmaker I met or heard from has been taking into account marketing and distribution strategies months before entering production. The main fact... (2025-11-18T19:25:22Z) https://wefunder.com/feed/222779 - Posters, Mixers, and Webinars (2025-11-03T19:00:51Z) https://wefunder.com/feed/215915 - What do people say about STARFISH? (2025-10-23T20:07:23Z) https://wefunder.com/feed/210574 - Live Webinar for Starfish (Tomorrow 12PM MST) (2025-10-22T16:00:43Z) https://wefunder.com/feed/209554 - Guest on Invst Guru Podcast! (2025-10-20T18:27:50Z) https://wefunder.com/feed/208410