TrueShort, founded by Nate Tepper, announces a $12 million funding round led by Keith Rabois at Khosla Ventures, with participation from Jeffrey Katzenberg of Dreamworks, Ravi Nandan of A24, Scott Belsky of Behance, General Catalyst, and LookingGlassCap Fund II. The company plans to hire filmmakers to build small teams for AI-powered film production. Tepper's framing — "We believe a kid in his bedroom is going to make the next Star Wars" — captures the bet under the round: that the next blockbuster studio looks less like a studio and more like a kid with a laptop and an AI stack, and that funding the filmmakers directly is the right way to get there.