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Björn Seiz, aka O5O, suggests a few success tips for serial entrepreneurs entering a new industry

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“The path may be full of challenges, but it will be all worth it,” says the young serial entrepreneur reaching the skies in the crypto and blockchain industry.

Today, everyone wishes to reach a certain prominent position in their careers and life. Also, the fact that many new industries have emerged with innumerable opportunities for people have doubled their confidence to enter the same and have motivated them to put in everything to make it happen for themselves. However, what looks exciting is not always something that can be achieved overnight. Take the case of young serial entrepreneur Björn Seiz, aka O5O from Switzerland, who saw it all before making it this huge in the blockchain and crypto space. He did not have rich parents and sculpted a career of his choice all by himself, by failing many times and getting himself up to try again. This is how today he is seen as a leader in the vast entrepreneurial industry of the world, where his startup that he initiated in 2017 has reached the market capitalization of $4.2 billion already.

Björn Seiz, aka O5O says that a serial entrepreneur is the one who constantly comes up with newer ideas and starts new businesses. As a serial entrepreneur himself, the 29-year-old talented mind knows how difficult it is to step into the ice-cold waters of starting a business and growing it like no one has ever done it before. Hence, he has come up with a few indispensable tools to help others attain success as serial entrepreneurs.

• Surround yourself with the right people: Björn Seiz says that it is essential for entrepreneurs to be around people that can uplift them and elevate their mindsets. With surrounding oneself with the right people, entrepreneurs can develop more ideas, gain more knowledge and get motivated to think out of the box for newer ideas.
• Utilize platforms: The world is gradually getting more and more digitized, points out Björn Seiz. He says that entrepreneurs must fully utilize digital platforms like social media, etc., to keep marketing themselves and optimize the resources to create a credible profile for themselves as versatile entrepreneurs. This helps serial entrepreneurs gain equal attention from people for all their businesses.
• Get prepared for challenges: Björn Seiz himself saw innumerable hurdles on his path and suffered a failed business in his career, landing him with a debt of half a million dollars. However, he developed a thick skin and became mentally prepared to keep moving forward, no matter the odds. This helped him enter the crypto and blockchain space and the rest is history. From his life experiences, he says people must be prepared to face the challenges and come back stronger.
• Be different: The young serial entrepreneur suggests people to strive for being unique in their respective fields. This allows them to become much more confident with what they do and helps them venture into other fields as skilled serial entrepreneurs.

Björn Seiz is also well-known as an investor and a consultant who guides multi-million dollar businesses for more growth and success. He is also an author and a sought-after speaker. To gain more insights, follow him on Instagram @o5o_official.

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Wiz will pay $450 million to acquire Cloud Remediation Startup Dazz

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Wiz revealed on Thursday that it will buy channel-focused company Dazz in an agreement to add cloud remediation capabilities to the vendor’s cloud and AI security platform.

With features like application security posture management and continuous threat and exposure management, Dazz provides a remediation-focused cloud security platform.

Jared Phipps, a seasoned cybersecurity industry executive who most recently worked for SentinelOne, was hired by Dazz in February as its CRO as the business sought to expand its collaboration with channel partners. Presidio, situated in New York, has been one of the key partners.

Dazz said in July that it has raised a $50 million round of funding, increasing its total funding since its 2021 launch to $110 million.

Dazz provides a “industry-leading remediation engine,” according to a post published on Thursday by Wiz Co-Founder and CEO Assaf Rappaport, which will allow Wiz to “empower security teams to correlate data from multiple sources and manage application risks in one unified platform.”

This is Wiz’s third purchase overall and its second acquisition of 2024 after the company’s April acquisition of cloud detection and response provider Gem Security.

Wiz, a four-year-old startup, reported in May that it had raised $1 billion in new capital at a $12 billion valuation, citing its continued strong development in the cloud and AI security areas. Annual recurring revenue (ARR) for the business reportedly increased from $350 million earlier this year to above $500 million.

After making a number of management additions aimed at facilitating quicker partner-driven growth, Rappaport stated in February that Wiz would prioritize its channel operations moving ahead.

I“In cybersecurity partners are super, super important in the success of a company. So we’ve always [seen that] this has huge potential for us to tap into. I think there is so much more we can do,” he stated at the time.

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ProRata, an AI startup, Teams up with UK Publishers after reportedly Hitting $130 Million in Valuation

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A number of well-known British media outlets have joined ProRata, an AI firm that claims to compensate publishers for the usage of their work, in its expanding network of partnerships.

The Los Angeles-based firm announced on Wednesday that it has signed licensing deals with publishers such as Sky News, the Guardian, and the Daily Mail’s publisher, DMG Media.

In a recent Series A funding round, ProRata raised $25 million from investors such as the Mayfield Fund, Prime Movers Lab, and Revolution Ventures.

“ProRata’s founder and CEO Bill Gross said his firm’s AI technology is the only one that pledges to credit and compensate creators, while providing users with accurate search results.

“We have had hundreds of content owners and media companies reach out to us from around the world who are interested in piloting our technology. Stealing and scraping content is not a sustainable path forward,” he continued.

Similar alliances have previously been formed by ProRata with the German publisher Axel Springer, the Atlantic, Fortune, Time, and Universal Music Group (UMG).

Media firms are offered reasonable compensation by ProRata for the use of their content. The startup’s in-house technology may determine the proper amount of pay by evaluating the worth of the information used to create responses from an AI platform. This would make it possible to pay copyright holders for their work on a per-use basis.

Gross had previously said that AI platforms have been using “shoplifted, plagiarized content,” which fosters an atmosphere in which “disinformation thrives and creators get nothing.”

Gross is recognized for having created the pay-per-click model of internet search monetization with his business, GoTo.com, which was eventually acquired by Yahoo! in 2003.

In a recent blog post, Tige Savage, a cofounder of Revolution, stated that Bill Gross is a serial entrepreneur with extensive experience in monetization techniques.

“He’s attracted a world-class tech team led by AI luminary Tarek Najm to implement the vision and an accomplished business team, including Annelies Jansen and Jonas Lee to drive content and AI partnerships,” Savage continued.

The unpaid use of copyrighted materials by OpenAI and other tech companies to train their AI systems has led to litigation from media companies and other content creators.

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Film Bazaar Unveils an Interactive Cinema App from an Indian Tech Startup

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Arjun Nittoor, the founder of the Indian technology firm Vireza, disclosed at Film Bazaar that the company is creating a new mobile application that would transform the experience of watching movies in theaters by enabling viewers to engage with the films in real time.

The technology, which was created wholly in-house at the company’s research and development department in Bengaluru, allows viewers to use their smartphones to vote on important plot points during the movie. To keep up with the current screening, patrons download an app before entering the theater and scan a QR code at their seat.

“The film industry is one of the few sectors where the audience experience has seen minimal technological disruption in theatres,” Nittoor stated. “While screen and sound quality have advanced and 3D has been partially adopted, the viewing experience has largely remained the same for decades.”

The screen automatically brightens to show voting options and dims again when choices are made. The system uses discreet phone notifications to encourage audience participation around every ten minutes.

In 2026, Vireza intends to introduce the technology with a full-length interactive movie that will be produced in both English and South Indian for international distribution. The business is presently in the development stage and will shortly start doing multiplex chain trial screenings.

CtrlMovie’s prior success in the interactive film industry was mentioned by Nittoor. CtrlMovie is well-known for “Traces of Responsibility” and “Late Shift.”

In order to overcome the difficulties in cinematography, editing, shot composition, and writing that plagued previous attempts at the format, the firm has spent five years creating what Nittoor refers to as “a new science of filmmaking” that is especially tailored for interactive cinema.

“Despite the proliferation of viewing devices, big-ticket films continue to draw massive crowds to theatres, with box office numbers higher than ever,”  Nittoor stated. “This demand underscores the potential for a meaningful technology shift that could draw audiences out of their homes and into cinemas.”

Other Asian businesses are likewise investigating audience-driven narrative in motion pictures. In February of the following year, Japan’s King Records intends to release “Hypnosis Mic – Division Rap Battle,” an animated interactive film.

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