Before Mike Baur started investing in startup companies, he was working in the banking sector. For over 20-years he spent his life working for various private banks in Switzerland. He started off as an intern after graduating from the university. He joined Union Bank of Switzerland (UBS) where he worked his way up to become one of the most influential directors in the industry. Mike Baur left the banking sector in 2014 to execute his entrepreneurial ideas. The first company he formed was known as Think Reloaded, a company that was involved in the activities of offering financial advice to wealthy individuals and families in Switzerland.
In the short time that Mike Baur has joined the startup companies business, he has made a name for himself as a mover and shaker in the industry. His innovative ideas have outshined any other similar initiatives that were in existence before he joined the market. In December of 2016, Mike Baur was featured by the Wall Street Journal. The journal focused on his development from the banking sector into now revolutionizing entrepreneurial initiatives. Mike through his firm Swiss Startup Factory, has invested his time and resources towards supporting digital startups. Mike Baur normally takes a role as an investor or board member in the companies that he is mentoring. Mike started Swiss Startup Factory alongside his two other friends Oliver Walzer and Meister. Today Swiss startup factory is the number one privately owned startup accelerator in Switzerland.
Mike Baur is a holder of an MBA from the University of Rochester and an executive MBA from the University of Berne. Mike Baur is a family man; married and with two children.
Mike Baur indicates that his choice to start the Swiss startup factory came out of his earlier experience when in the banking sector. As a financial advisor, he dealt with early-stage businesses which he helped develop. It got to a point where he asked himself why not also start his firm that will deal with all the startup ideas that are presented to him. In the banking sector, he received numerous average business plans that he would work on and make them very good ideas. It was now time for Mike Baur to go big and start his private and independent firm.
Mike Baur made an approach that is new to the market. His focus is in creating an execution-driven approach unlike other firms in the industry who just offer coaching modules, which leave the entrepreneurs hanging when it comes to practical implementation.