Mubi’s funding backlash reveals a crisis in indie film culture

Indie streamer Mubi raised a staggering $100 million from Sequoia Capital. Then, fans started boycotting.

Mubi built a loyal audience of cinephiles through breakout hits like The Substance and Decision to Leave. But after subscribers examined investor Sequoia Capital’s portfolio, many took to X to denounce the streamer. They pointed to Sequoia’s ties to Israel’s military campaign in Gaza, highlighting its investments in the Israeli defense tech startup Kela. Even after Mubi issued a public statement...