Wednesday, February 16, 2011

John Dimmer - Where can you get money for your business

John Dimmer came to class to talk about how to raise funding for business.  As a angle investor with finance education background and lots of banking industrious and business investing experience, John has shared many valuable knowledge with us on how to seek your funding for creating a new business.  He basically narrowed it down to 3 main resource for collecting funding, yourself or family and friend, Venture Capital and Angle investor.  It is not a surprise to hear that we should start with ourselves and people who relay to or close to us because they are the people who more than likely to really care about you and not just their own pocket.  It is also very interesting to know some difference between V C and Angle investor, and some "dark site" about them.  Of course, it is all about business, and business world can be brutal sometimes.  I am really glade that we have chance to hear the voice from real investors such as John Dimmer about what they think and how they work to invest a new created business.  Another thing I learn from John's speech and his own experience is that all investors regardless of VC, Angle investor or your rich uncle Bob, they all started from presenting their own business idea and raise their funding form other investors.  Everybody had their turned to ask for money to make them success, and eventually they become investor for others.  Maybe now is our turn to ask for the money.          

No comments:

Post a Comment