The Angel Investor

Our fourth guest was John Dimmer. He talked about himself, his educational background, and about business and investments. He said that after graduation from University of Oregon with B.S. Finance degree, he was not ready to run an own business. It took several years before John Dimmer became the entrepreneur. John Dimmer said about the 3 Cs that important for entrepreneurs: Character, Capacity, and Capital. While Character and Capacity are related to personal qualities, the Capital is the business related. John Dimmer explained the ways of obtaining the seed capital. First source is your own money. The second one is your friends and family. The Angel Investors is another source of financing. The Tacoma Angel Network https://www.tacomaangelnetwork.com  “is a non-profit alliance of accredited investors, who are successful entrepreneurs, retired executives, and other business leaders in the greater Tacoma and South Puget Sound area”.  He encouraged students by saying numbers of possible investments and investors' expectations. As the last source of investment John named VC Investors and shared with us his own experience of getting money from Venture Capitalists.

One interesting fact which facilitates me is that John Dimmer and Andrew Fry have been friends since school bench. They are not only friends, but used to be a business partners running Free Range Media. They are so different, but it looks like the time and business interests don’t affect their friendship. The second interesting fact that I found is the John’s family has traditions of charity since 1993. His parents’ foundation http://www.dimmerfoundation.org/index.htm  has positive impact on local community.