Here’s Why Mike Baur Ditched His Banking Career to Follow His Passion

Mike Baur, co-founder of Swiss Startup Factory, is a prominent businessman and entrepreneur. Having worked in the banking sector for over 20 years, Baur decided to pursue his passion for helping startup tech entrepreneurs. He quit his banking job which he started when he was 16 years old. In 2014, Baur together with his colleagues, Max Meister and Oliver Walzer, co-founded Swiss Startup Factory (SSUP). Baur participated as a juror in the startup pitching contest of the University of St Gallen. Baur also served as a managing director when SSUP partnered with CTI Investment in 2016. Same year, Baur facilitated the growth of SSUP with Goldback Group in its partnership with Fintech Fusion.

Baur holds a business degree from Bern University and the University of Rochester. While working at UBS as an expert financial advisor, Baur resigned in 2008 and moved to Clariden Leu where he worked for 6 years. Baur then thought of pursuing his passion for helping startup tech entrepreneurs. In February 2014, Baur and his colleagues co-founded SSUP to provide mentorship and training services. SSUF also provides funding, office space, marketing and networking opportunities to fellow tech entrepreneurs.

Baur also encourages startup companies to participate in pitching contests where he serves as a juror. The competition, known as START Summiteer, helps firms of less than $1 million funding to showcase their businesses to potential investors. Baur’s contribution in the contest has largely recognized SSUF as a successful business incubator.

Additionally, Baur also started Think Reloaded, a company that provides financial advice to clients. Baur served as the deputy managing director when CTI Investment collaborated with SSUF. The duo offer training and organize for Swiss Startup Day. SSUF also linked up with BV4, an organization that evaluates the monetary values of ideas, inventions, and intellectual property.

Baur, in his recent interview, pointed out that SSUF is an independent firm and that’s why it has become successful when compared to other business incubators. The firm has also achieved its success through its committed leaders who invest heavily in the firm and other companies that it operates with. Baur also noted that startups must be willing to work hard for them to succeed.

Mike Baur, a Switzerland entrepreneur, and businessman quit his banking career to pursue his passion for helping tech entrepreneurs succeed in starting their companies. Baur, a business degree holder, founded Swiss Startup Factory to mentor the startup companies, offer training and financial services. Through his START Summiteer contest, Baur encourages new firms to participate in attracting potential investors. Baur advocates his success to hard work and encourages all startup companies to do the same.

 

Understanding the Involvement of George Soros in Politics and Philanthropy

Well-renowned billionaire, George Soros has made a significant mark in philanthropic records. In fact, he has donated more than $12 billion of his wealth to support charitable courses. Additionally, his financing has helped both organizations and individuals around the world in fighting for freedom of an accountable government, transparency, and expression and more information click here.

As a top proponent of Karl Popper’ philosophy of open society, he created the Open Society Foundations, a network of projects, partners and foundations operating in over 100 nations. Throughout the years, George Soros has continually demonstrated his active involvement and interest in the operations of the network through traveling to various locations to support and advocate for positive policy transformations.

 

Political Involvement

In the recently held 2016 presidential elections in the US, the role of George Soros in country’s politics reemerged. He had previously dialed down his political donations after his futile endeavor to bar President George Bush from winning his second-term presidential bid in 2004. His comeback was characterized by donations of over $25 million in support of Hillary Clinton’s campaign among other Democratic candidates and learn more about George.

The funding by George Soros was mainly driven by his willingness to defeat Donald Trump in the 2016 White House race. In turn, his generous giving had a positive effect on other liberal donors like DonSussman, a New York hedge funder, who donated $13.2 million to support various committees and campaigns. The cumulative donor base behind Clinton helped create a considerable financial advantage over the support behind Trump and follow his Twitter.

To ensure Clinton won, Soros backed various super PACs including the Immigrant Voters Win, which received $5 million. The money was meant to boost the PAC’s goal of increasing voter turnout amongst Hispanic voters in various major swing states.

 

About George Soros

While he is popularly known for being a wealthy businessman and philanthropist, George Soros’ background is different compared to his present status. He is a Hungarian native, who escaped his country after the Nazi invasion. The attack led to the murder of 500,000 plus people. Luckily, George‘s family escaped the entire ordeal through the use of false identity documents. On the other hand, Soros fled the Nazi-invaded Budapest for London in 1947. To put himself through studies at the London School of Economics, he worked as a night-club waiter and railway porter on part time basis.

George Soros relocated to the US in 1956, which marked the beginning of his journey to success in the finance sector. After working for several financial institutions, he created his hedge fund. Currently, Soros owns the Soros Fund Management, which has about $30 billion in assets. He has also recognized philanthropist whose philanthropic endeavors are spearhead by the Open Society Foundations. Through the network, Soros has provided school fees to thousands of promising underprivileged students, supported numerous lawyers and paralegals representing illegally imprisoned people and participated greatly in the effort to integrate Europe’s Roma.

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