John Dimmer

John Dimmer came in on a day I was sick, so I did not hear what he had to say. But from what I have gathered from other people he lived a very interesting entrepreneurship lifestyle. His talk focused on the topic of financing for entrepreneurs. He called it the financing life cycle and it follows these steps:
1. Self funding
2. Friends and Family
3. Government grants or loans
4. Angel Investors
5. Venture Capitalists
John Dimmer also said another powerful VC is the use of your own visa credit card to fund your business. However my professor disagrees with this and believes that you should only go this route if there is a very high chance for success of your business.
He became this financially savy through perusing a degree in finance at University of Oregon. After college he worked for Reliance Insurance handling surety bonds. Many years later he left working with bonds and jumped into the life of an entrepreneur. He co founded Free Range Media, which later sold allowing John to retire.
Retirements wasn't the life for John, he is now co-founder of the Tacoma Angel Network. As an angel investor he told us what attracts investors attention. Venture Capitalists funding is hard to receive and cannot always be trusted. While angels are more trusting towards small businesses and do not demand as much from them.