Speeches

Welcoming words

Oswald J. Grübel

Chairman at Zagaleta

Smart Investments in New Businesses

Oswald J. Grübel, Chairman of Zagaleta, kicked off Foro Zagaleta 2018 at the Zagaleta Country Club on April 6th in Benahavís, with an opening talk about Smart Investment in Startups. Grübel, now retired, was one of the world’s leading banking professionals and the CEO of UBS, the largest private bank in the world.

His words about the reference cryptocurrency, Bitcoin, its technology and the noted change in the financial system resounded throughout the room full of influential figures from the world of business and Startups. Virtual currencies are now all the rage after last year’s unprecedented rise in value, and future forecasts predict an increase in both use and value.

Grübel also referred to smart investments in new businesses and said that for him personally the factor that most influences the success of a Startup is not the seed funding, but having a trained management team with a business vision and who knows how to penetrate the needs of the market at all times.

Grübel concluded his welcome speech by highlighting the value of investing in luxury property and luxury villa in Zagaleta, a European benchmark in terms of excellence, solvency, and reliability.

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