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Examining the knowledge of using the utmost decision-making power in small and large investments from the perspective of Mojtaba Shahdoost, an Iranian entrepreneur

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Earlier, getting rich was limited to middle-aged men and women. In the past decades, many people were surprised if someone got rich at a young age. But today the younger generation also has their own great success stories. The enrichment of young people can be attributed to the age of information and technology explosion today. The more you learn, the better your chances of success, and the Internet plays a big role. This more is learning and thirst for growth is the root of the success of successful people compared to previous generations.

Getting rich is a side effect of success in a field, but how is it really done?

Starting any new business requires capital, but not billions of dollars. The main capital of the people we know these days as successful and the capitalist is their financial intelligence, timing, initiative and risk-taking. When it comes to starting a new job and a business, in the traditional people, a shop, a stylish office, a general staff, and a go-getter are formed, which requires at least a few tens of millions of tomans of initial capital. But these days, when there is a lot of information in various fields on the Internet, you can start a business with little capital and get rich. who must test your abilities and start your own business with these ideas is you.

The Internet is a great opportunity to make a fortune in your individual pockets and you should take advantage of this opportunity. Let’s be honest. It is easy to get rich through a profession. When we are looking for a good job, we often have dreams that do not come true in the beginning. The fact is that in the beginning you cannot have money and passion together. Today you can use many free resources to get a clearer picture of your current economic situation and career prospects, so you will be more comfortable when you are looking for a good job.

Make sure you make your decisions based on what you know to be true, and if you do not have a coherent plan, do not let your emotions overwhelm you. It does not matter if your knowledge of the field was acquired by studying for a master’s degree at Sharif University of Technology or by enrolling in a course. Instead, you should have an acceptable level of knowledge of your field of work. Even cases with a purely theoretical approach can sometimes help you in real projects and set you apart from your peers. In addition, when hiring, your academic resume will have a better impact on the employer from unknown and even invalid work records.

If your first priority is to get rich and live comfortably in the future, do not pursue your interest in a particular field too much. Take a look at the results of research on the average income of different occupations to see which fields are closer to your interests and are more likely to get rich. For example, you are more likely to become rich as a financial engineer than a university professor. Choose the right place for a job. Go to a place where there are better and more jobs.

For example, as an expert on financial and stock market issues, there will be a better field of work and more growth opportunities for you in Tehran than in a small city. Start a personal business. Most successful people have a side income other than a fixed monthly salary, which sometimes earns them more. It takes a lot of focus and time and a lot of stress, but after a while it becomes profitable, you can see the result. In addition to earning more, you will have the advantage of being your own boss and setting your own working hours.

We suggest that you start your own business after gaining experience in a particular field and gaining knowledge of its various aspects. Invest in Financial markets is a great place to multiply your money. If you equip yourself with the necessary knowledge and are an opportunist, you will be able to earn many times your annual income this way. Buying and selling shares of reputable companies and bonds is a sure way to generate sub-income. For more risk-averse people, investing in the stock market will bring more profit. In addition, investing in gold and currency should not be neglected. These markets are surprisingly profitable in domestic or global economic crises. Invest in real estate.

Buying rental property or land in growing locations is an investment that you will always win. As the population grows and so makes the demand for housing as well as commercial real estate, you can expect a guaranteed profit. If you are not a risk taker, you can buy a rental unit, not only to increase your capital, but also to use its monthly rent. If you have enough time and energy and are looking for high profits, it is recommended that you build individually or in partnership. Take your time. Instead of wasting a few hours a day, try to plan your whole day. Use any time to learn topics such as economic mechanisms, stock market performance, simple and advanced mathematical models of financial analysis, and more. Avoid purchases that will go down in value in the future. For example, buying an expensive car is not economically viable, because regardless of the amount of work you do, after 5 years, the value it will decline greatly. I hope you have taken full advantage of my words.

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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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