Michael is an entrepreneur, investor and philanthropist who built his career in assisting early-stage companies to develop innovative products and bring them quickly to market. A product of the 1990's technology startup boom, Michael has been bootstrapping and investing in young businesses for more than 20 years.
In 1996, Puscar joined Josh Kopelman and Marvin Weinberg at Infonautics Corporation, where he obtained two patents for pioneering research in semantic web technology and the delivery of real-time news updates. Puscar left Infonautics at the end of 2000 to continue his work with semantic web technology, joining Intellisophic in 2001 and later Really Strategies in 2005. At Really Strategies, Michael was the original architect of the RSuite CMS, the first content management system designed for publishers.
In 2007, Puscar was instrumental in the launch Yuxi Pacific, a professional services firm based in Philadelphia and focused on the creation of digital products for the publishing industry. With the launch in April 2010 of the iPad, the firm began to grow quickly, expanding operations to Shanghai, China in June 2010 and Medellin, Colombia in June 2011. During his time at Yuxi Pacific, Puscar managed investments in several successful startups including LiftDNA, which was acquired 15 months after initial investment by OpenX.
On June 19 2013, Yuxi Pacific was acquired by Blue Loop Capital and Puscar resigned his post with the company.
Puscar is the fund manager of GITP S.A.'s Emerging Market High Tech Fund, an early-stage Latin American investment fund that invests in dynamic, scalable companies with an international focus. He also serves as an advisor to several technology software startups, and is the chairman of a non-profit organization dedicated to improving education through the donation of hardware and software to schools throughout the world.
At present, Puscar lives between Panama and Colombia, where he is active in promoting the region as a favorable destination for investment. He is currently authoring a book titled The Real Medellin, a travel guide that explores a city that has risen from that violent and troubled past to be one of Latin America’s most innovative and modern cities, unexplored with a rich culture, distinctive slang, and fascinating recent history.
Puscar is a frequent speaker at international conferences on topics ranging from emerging technology to macroeconomics. Prior speaking venues have including O'Reilly Tools of Change, the Frankfurt Book Fair, the Founder Institute, the Latin American Private Equity & Venture Capital Association (LAVCA) and MarkLogic World. He has been interviewed by prestigious news organizations worldwide including the Financial Times, CBS Marketwatch, TeleMedellin, Colmundo Radio and more.
Though residing in Colombia, Puscar holds Italian citizenship and is fluent in five languages.