The Swiss Startup Factory (SSUF) is a Switzerland-based venture capital firm, but it’s not quite your typical venture capital firm. This company has several facets to it from giving a platform to investors in the form of new companies, giving coaching and classroom time for entrepreneurs to build on ideas, and networking entrepreneurs with investors. Mike Baur helped found the SSUF and he brought a wide range of management ideas to the company that he had learned in banking. Baur’s chief mission at the SSUF is to bring startup companies online within a short time frame and help them become sustainable, and he explained how entrepreneurs could make that happen.
Mike Baur told Red Bull Media, a media conglomerate that supports the SSUF that good business ideas don’t have to be searched for. Entrepreneurs will have their “aha” moment that the idea will come, and it will usually grow from there. Instead of fearing that the idea will be stolen, entrepreneurs should never be afraid to share the idea because it can bring together the right business team for them. And nobody should be afraid of failure because those who fail the first time around will do better the next time around.
Mike Baur wanted to go into the venture capital field because he realized this field had much more variety in a typical day than the same old routine in banking. Baur had certainly done a good job in banking while he was at UBS Bank and later Clariden Leu, so much so that he was on the executive board by the time he got to Clariden Leu. Banking was one of Switzerland’s strongest institutions when Baur first began as an apprentice, but by the time he was an executive the post-recession regulations had kicked in and had made banking much more difficult. So in 2014 he decided to go his own way.
The reason Mike Baur decided to form his own private business accelerator was because he felt he could offer more help to business founders than grant programs that the government offered. He met up with former investment advisor Max Meister and with the backing of Helvetia, CTI Group, Goldback Group and Red Bull they were able to open their accelerator. The accelerator has been responsible for many disruptive financial tech businesses brought online, and part of the investment in those businesses has been channeled through Fintech Fusion. Baur also is the CEO of Think Reloaded.
There were many different things that Don Ressler and Adam Goldenberg considered when they were just getting started with Fabletics. They wanted to make sure that their brand was going to be successful and they knew that they would have to pick the perfect niche if they were going to be able to succeed in the business that they were starting. The idea came to them in the form of a fashionable athletic wear company. This was something that had not been done in the past and something that they had to make a point of doing so that they could be different than the rest.
While Don Ressler and Adam Goldenberg were trying to make the choices that they needed for their own business, they were doing all of the things that they could to bring success to all of their customers. There were many different options that people could choose from on the site but Don Ressler and Adam Goldenberg made sure that they were going to be able to help all of their clients no matter what was going on and no matter what the company did, they always wanted to be able to cater to the customers that they had.
The marketing strategies that the men used were among the best in the industry. There were many different options that they had to be able to try new things and they chose, instead, to take the options that they had and make them better for the people who they were working with. It was a great way for the men to make money and to show people that they needed Fabletics in their lives even though they did not have any other options for the fashionable workout clothes that the company provided to their customers.
Since the men were going to cater to people, they knew that the number one things they would have to do is provide a convenient option for women to be able to shop with. They didn’t only have the option of going to a storefront to shop but they did have the option to go there. They also had the option of being able to shop online or shop in a subscription format if they wanted to do so and it was more convenient for them to try and get the things that they needed delivered right to their door from online.
Healthcare is one of the most important aspects of a healthy nation. A healthy society translates to improved economic growth and subsequent business growth. People have taken this advantage to invest in the healthcare sector as a source of livelihood. Foresite Capital is healthcare growth equity firm with interest in providing affordable health system to patients. The company has generated a lot of profit from the initial investment making it a profitable organization in the healthcare sector. Recently, the firm announced that it had acquired the services of Dr. Molly He. He formerly worked for the Illumina as a senior director. His appointment to Foresite Capital has brought a lot of hope due to increased research output in finding clear solutions in the health sector. Dr. Molly He has over 15 years’ experience in pharmaceutical and genomic research and development making him one of the most sought after scientific researchers.
According to the chief executive officer and managing director of Foresite Capital Jim Tananbaum, his appointment brings more life in the next-generation scientific research. Dr. Molly He has a wealth of experience from the portfolios he held earlier thus making him an outstanding kingpin in drug management and development. At Illumina, he was tasked with protein reagent innovation and improvements. A skill he acquired working in the pharmaceutical industry for over ten years. He holds a degree in biochemistry from the University Nankai University and a subsequent Ph.D. in protein biophysics from the University of California.
Jim Tananbaum is a seasoned entrepreneur with over 25 years’ experience in the healthcare sector. His core business in the area of health is to focus on operational, strategic and financial opportunities to invest. Jim Tananbaum has seized the opportunity to open a franchise in healthcare provision that has brought increased revenue. More details can be found on Crunchbase.
Before joining Foresite Capital, Jim Tananbaum co-founded both GelTex Pharmaceuticals and Theravance, Inc. that performed exceptionally well in the Pharmaceuticals field. Due to improved result from the sale of drugs he had bought earlier, GelTex Pharmaceuticals was later sold for $1.6 billion due to its viability and profit generation. Jim Tananbaum graduated from the Yale University with degrees in BS/BSEE. You can visit LinkedIn for more details.
See more: http://www.officialjimtananbaum.com/