There is a lot i learned from John Dimmer when he visited class.
First and foremost Mark Cuban is an ass. After Dimmer spoke (well more or less gestured) about Dick Cheney-ing him, i went and watched shark tank when i got home. That dude is a legit ass. Like the sight of him is like chewing on glass... absolutely painful to see his assdom in effect. He is even an ass to the other sharks! The dude is Mark-centric that i bet if his c**k was long enough, he'd suck it himself to avoid having to deal with other people.
Anywho, back to Dimmer. John was probably the best guest lecture (well maybe second best... Graham Evans British accent was just too enchanting) we had in class due to the nature of his discussion. He Discussed how to get funding, and everyone know funding is the most important part of a business. Because without money, any business will stop dead cold.
The biggest thing i took out of his lecture was the stages of investment. When is still a concept or idea, it is mostly the owners money that is going in the project. Then when you have proof of the concept, you go to friends and family. There should be a stage in here that wasn't mentioned and that is crowd sourcing. Next is that when you have a product designs, go to individual investors or Angels. When you feel like expanding from there, go get some Venture Capital.
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