Mike Baur Transitions From Banking To Funding Tech Startups

Mike Baur is a shrewd entrepreneur from Switzerland. He serves as the managing partner of Swiss Startup Factory. He is a graduate of the University of Rochester and Bern University. According to Wall Street Journal, which featured Mike Baur’s profile, the executive began his career in banking at the tender age of 16. He has over 20 years of experience in the banking industry. Notably, Mike worked as an apprentice at the Union Bank of Switzerland (UBS) in 1991. Later, the young financial expert joined UBS where he spent most of his time in the 1990s. He was appointed to a top advisory position while still below the age of 30. While here, Baur was privileged to counsel some of the nation’s wealthiest individuals.

The talented banker quit UBS to join Clariden Leu bank in 2008 where he worked at its Zurich office. Here, Mike Baur enjoyed high compensation. However, he decided to quit his job in 2014 to venture into a different field of investing in tech startups. His career transition was occasioned by the post-recession crisis experienced in the banking environment. He partnered with Max Meister and Oliver Walzer to establish Swiss Startup Factory, a company that offers essential training and mentoring programs to Swiss tech entrepreneurs. Through Swiss Startup Factory, Mike provides funding to disruptive startups and additional services like rent-free offices.

Besides disseminating funds, Swiss Startup Factory encourages qualified tech entrepreneurs to participate in Pitch Contests. In 2014, Mike Baur participated at a startup pitching contest, START Summiteer at Swiss University, as a jury member. The event features founders of 30 startups. These individuals speak to the public about their products, business models and strategies. The eligible companies should have less than $1 million. These contests offer them a platform and an opportunity to attract substantial investments.

Mike Baur is the brain behind Think Reloaded, a firm that offers financial consultation to affluent clients. After an interaction with SSUF, he secured a job as the deputy managing director of CTI Invest. SSUF and CTI are responsible for offering training programs and planning the Swiss Startup Day event. In 2016, SSUF entered into a partnership with BV4, a company that estimates the monetary values of inventions, ideas, and other intellectual properties. This evaluation helps SSUF to undertake its investment processes. During an interview, Mike said that SSUF was unique as it operates independently, unlike many incubators who are part of other businesses. Presently, Baur channels his energies to Think Reloaded besides funding and fundraising activities at SSUF.

 

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