Both are now also partners at parent company,Southbox Capital.

The funds are mostly aimed atindependentfilms with budgets of $5 million to $35 million.

But where does that money come from?

Jon Gosier

Jon GosierCourtesy Southbox

Almost always from LA and New York, London somewhere else.

He left for a career in tech, co-founding advertising platform Audigent, eventually taking a buyout.

Theyre pretty far along.

WGA West building in Hollywood

Its the first money.

It just sort of gives us a head start in terms of the capital raise.

And it also gives the other investors who are coming in some comfort.

There will be more to come, Gosier said.