Written by Lynsey G for LynseyG.com. Originally published November 24th, 2014.
“Here I present you with some of the most succulent slices from an interview I did with Cindy Gallop of MakeLoveNotPorn.tv for my article “Blowing the Budget” in Bitch Magazine‘s Love/Lust issue. We were talking about the numerous, gigantic obstacles that she and her team have faced in trying to get their company funded and set up to make and receive payments… it’s been quite a journey for them, and one that Cindy is not at all afraid to share.
“It took me two years to get MakeLoveNotPorn.tv funded, and that’s enormously ironic, because in theory, I should have been every venture capitalist in Silicon Valley’s wet dream, literally.
“We have an idea, enabled by technology, that is designed to disrupt a sector worth billions of dollars, in a way that is both socially beneficial and potentially very lucrative. I mean that hits off everything that every investor in the tech world is looking to hit off. But because that sector is porn and the social benefit is for sexuality, no VC would come near it.
“So it took me two years of pitching to finally find one angel investor who got it, put up the small amount of seed funding we needed to build a platform and launch it…Then I literally could not get my hands on the money for two months because I couldn’t find a single bank here in America that would allow us to open a business banking account for a business that has the word ‘porn’ in its name, even though our name, by the way, is MakeLoveNotPorn… We can’t find a bank anywhere in the world that wants my business.
“Our single biggest operational challenge has been putting our payment structure in place. Because we’re adult content, PayPal won’t work with us, Amazon won’t work with us, none of the mainstream credit card processors will, as well.
“I am battling publicly for the right to do business on the same terms and conditions as everybody else…I am very, very public about all of this. I talk about this at every speaking opportunity I get. I call it out. So that whenever I’m talking at a tech conference, I say to the audience, ‘Here in the tech world, we pride ourselves on the open internet, freedom of access to everything, inventing the future… Tech world, I call bullshit. Until you change your mindset about ventures designed to change the world through sex, all you’re doing is you’re perpetuating the same old world order closed-mindedness you pride yourselves on exploding.’”
Read more of Cindy’s thoughts on the search to find a workable way to finance MLNP’s #realworldsex here.