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    Mac Bolak

    Micro Market Loss Prevention - Founder, CEO at Panoptyc

    Professional Background

    Mac Bolak is a visionary entrepreneur and seasoned leader in the fields of artificial intelligence (AI) and computer vision technologies. As the founder and current CEO of Panoptyc, Mac is dedicated to revolutionizing loss prevention in the micro market and food service industries. Under his leadership, Panoptyc is making waves by utilizing cutting-edge technology to enhance operational efficiencies and address challenges faced by businesses in these rapidly evolving sectors.

    His extensive experience spans various roles, including his previous position as CEO of Give and Go Film, where he honed his leadership and strategic planning skills in the film industry. Mac also made significant contributions at Techstars, where he focused on operations, further enhancing his understanding of startup ecosystems and the intricacies involved in fostering innovative business solutions.

    In addition to his operational expertise, Mac served as an Investor at Contrary Capital, where he identified and supported promising startups, demonstrating his keen eye for emerging trends and technologies. His early career includes impressive stints such as Manager for the Colorado Men's Basketball Team, supporting team operations and management, and leading business development initiatives at Verii, LLC, where he built key partnerships and facilitated growth.

    Mac's entrepreneurial spirit is further exemplified by his role as Co-Founder, President, and COO of Alldid, where he oversaw company operations and strategic direction. This diverse career path reflects his adaptability and commitment to leveraging technology for business success.

    Education and Achievements

    Mac Bolak pursued his academic aspirations at the University of Colorado Boulder, where he studied Information Analytics, Technology Arts, and Media. His education provided him with a strong foundation in the analytical thinking and technical skills essential for navigating the complexities of the tech world. His interests in technology and its applications in various industries have played a vital role in shaping his career trajectory.

    Mac has built a remarkable professional network and has continually sought opportunities for growth and learning throughout his career. As a forward-thinking individual, he is always eager to explore collaborations with like-minded professionals and organizations to drive innovation in micro markets and AI technology.

    Achievements

    Mac's achievements are noteworthy and reflect his diverse skill set and leadership capabilities. As the founder of Panoptyc, he has successfully led the company in becoming a leader in loss prevention technology, establishing a solid reputation in the industry. His previous experience in various organizational roles has equipped him with unique insights that he brings to Panoptyc, enabling the company to stay ahead in a competitive market.

    With a commitment to pushing the boundaries of technology for operational excellence, Mac is dedicated to fostering innovation in loss prevention. He is open to discussing potential collaborations and exploring new avenues within the realms of micro markets, AI, and computer vision technologies. If you are interested in these fields or wish to collaborate with a passionate entrepreneur, Mac Bolak welcomes you to connect and explore new and exciting opportunities.

    Highlights

    May 2 · twitter

    I used to worship at the altar of speed.

    ‘Move fast, break things’ was my mantra until…

    It nearly killed Panoptyc.

    Looking back, I realize I stayed in founder mode for far too long.

    For one thing, I was too frugal with money.

    I had the typical penny-pinching mindset of a scrappy founder.

    That’s just one of the reasons why things started failing at scale.

    Our systems couldn't handle the growth.

    We would have gone under if I didn’t admit my startup mindset had become our biggest liability.

    I needed to evolve or watch everything crumble.

    That’s when I brought in B2B execs with the opposite of my chaotic energy.

    People with a McKinsey disposition who were not afraid to open our checkbooks.

    And so far, it’s worked out.

    I’ve learned that speed without direction isn’t worth it. It’s like Navy SEALs say:

    Slow is smooth, smooth is fast.

    PS- this is me when Michigan won the national championship, go blue!

    I used to worship at the altar of speed.

‘Move fast, break things’ was my mantra until…

It nearly
    Apr 8 · twitter

    It’s not enough to install cameras in your retail store. The real question is ‘How much do they see’?

    Today's camera systems fail because they're trapped in silos.

    They watch single zones, like security guards who can't leave their posts.

    When in reality, shoplifters are light on their feet.

    Think about it for a second. If your store layout has:

    • Multiple entrances • Dozens of aisles • Different departments • Multiple exit points

    Why wouldn’t a shoplifter use them to their advantage?

    Experiences thieves know how to spot camera blind spots and exploit gaps in coverage.

    They can:

    • Move through three different aisles • Never approach the payment area • Exit through a side door

    Meanwhile, you have dozens of isolated cameras that don’t understand you’re getting robbed.

    That’s why multi-camera tracking changes everything. It can:

    • Track customer paths through your store in real time • Connect suspicious behavior patterns • Flag if they skip checkout terminals

    We're building tech that connects these dots at Panoptyc.

    This isn't just an upgrade.

    It's a fundamental shift in retail security.

    Gone are the days when managers lost shoplifters between zones.

    With multi-camera tracking, your entire security system is one big hive mind.

    Aug 17 · VendingMarketWatch
    Stepping Up Security: Pandemic ripple effect and police reform prompt operators to ramp up surveillance and - VendingMarketWatch
    Nov 27 · Planet Vending
    MicroMarket Microscope Six: Get to Know Panoptyc, A 365 Retail Markets Partner - Planet Vending

    Related Questions

    How did Mac Bolak develop his expertise in artificial intelligence and computer vision technologies?
    What inspired Mac Bolak to launch Panoptyc and focus on loss prevention?
    What are the future trends in micro markets that Mac Bolak sees developing in the next few years?
    In what ways did Mac Bolak's education at the University of Colorado Boulder influence his career path?
    How does Mac Bolak assess opportunities for collaboration in technology and innovation?
    Mac Bolak
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    Location

    New York, New York, United States