So much has happened over the last few months! For starters, we have now completed most of production and are beginning the editing phases. We have interviewed a number of people throughout the US and have great material to work with. Now it’s a matter of sorting through the material and putting the story together. Post production is very tedious and time consuming. With that said, after meeting with a number of editors, we have come to the consensus that we will not be submitting this project to Sundance as we had initially hoped. Submissions are due in September. We want to ensure that a quality film is made, rather than having a rushed, sloppy project.
As you may have seen or read in the news, Yelp has not been doing so well over the past week. Their 2nd quarter reports came in and it was very disappointing for investors. Many businesses are not renewing their contracts with Yelp and the company seems to be having a hard time keeping employees. This caused a drop in their stock. The day after this report came out, one of the board members, Max Levchin, left the company. He gave Jeremy Stoppelman (CEO of Yelp) the initial seed money of $1 million to get the company started. Stock dropped again to $24/share. In spring 2014, Yelp’s stock was trading at $99/share.
Obviously, we would like to get this film out as quickly as possible. We do have a long way to go.
We’re excited to see this film come together, as I’m sure you are as well!