John Dimmer: Want Money? Ask This Guy.



John Dimmer (holding Bowl) recieving the Pete Lyons Award.

John Dimmer provided students with an interesting lecture about how students from humble college educated backgrounds can go into the world, excel, innovate, and decimate the competition and end up in a position where our biggest problem in life is being retired in our 30's. But hey, with all that time, why not take the exuberant amounts of money we have, and start investing in others, as an Angel Investor, since it takes money to make money, why not make some more! Dimmer's story is fascinating, and his success from what I can tell, is largely due to his intelligent presence, and diligent work ethic. Dimmer provided students with a map that illustrates the phases of a new company's development adjacent to the phases of a new companies finances and funding. As one might expect the initial sources of income are from the founders, followed by friends and family, then angel investors, VC's, etc, until finally an IPO is made. Although the majority of new companies never reach an IPO, they are still quite successful without it. Dimmer's lecture focused primarily on securing funding for your company, and the different avenue's you'll have to take to do so. His experiences with his own ventures gave students some insight on identifying their audience when considering approaching VC's or Angel investors. After meeting him, if I were to seriously consider starting my own business, I would almost certainly seek him out for counsel, and perhaps depending on where my business was heading, and if I were lucky, he could be an investor in my company.