Lumida Wealth : Non-Consensus Invest Beyond the Ordinary

NCI: Investing as Surfing: YC, AI & Crypto w/ David Nikzad

Episode Summary

This episode draws from intriguing conversations with David Nikzad, detailing his unique transition from a rave promoter to a pioneering investor in the psychedelics space for mental health treatment. Recorded during a crypto bull run in Dubai, discussions extend beyond personal growth through psychedelics to include deep dives into venture capitalism, the influence of technology on future financial ecosystems, and the introspective journey powered by over a thousand psychedelic experiences. It sheds light on empathy's pivotal role in reshaping investment perspectives, confronting biases, and striving for integrity in professional environments. The narrative traverses David's challenges and insights within the realms of racial and gender biases in venture capital, his philosophies rooted in social consciousness, and the importance of authenticity and self-growth. The conversation not only explores the transformational potential of psychedelics on the individual but also ventures into David’s broader impact on startups, technology, and an evolving work culture underpinned by empathy and innovation.

Episode Notes

00:00 Welcome to Non-Consensus Investing

00:28 Spotlight on David Nikzad: From Club Promoter to Venture Capitalist

02:54 Surfing the Waves of Investment: A Unique Perspective

09:31 Exploring the Crypto Bull Run and Its Future

16:46 The Evolution of Digital Assets and Banking

19:31 The Global Crypto Landscape: Insights from the UAE

29:33 AI and the Future: Insights and Predictions

34:56 Exploring the Unique Charm of Dubai

35:23 The Allure of UAE's Service Culture and Family Life

36:31 Dubai's Rapid Transformation: From Desert to Global Hub

36:49 Seeking Refuge in Dubai: A Commentary on US Politics and Safety

41:02 The Global Influence of Y Combinator and the Future of Innovation

49:03 The Evolution of AI: Hype, Hope, and the Future

54:00 Psychedelics and Modern Medicine: A New Frontier

01:02:02 Personal Journeys with Psychedelics: Healing and Transformation

01:12:04 Exploring the Psychedelic Experience

01:12:23 The Rise of Ecotourism and Psychedelic Therapy

01:13:23 The Complex World of Business and Investment

01:15:06 Navigating the Legal and Ethical Landscape of Crypto

01:21:48 The Power of Empathy and Psychedelics

01:25:44 Addressing Social Issues and Inequality

01:37:59 The Journey from Club Promoter to Venture Capitalist

01:52:18 Reflections on Authenticity and Self-Awareness