Latest / Love Conquers Fear / #15: World Positive Capitalism with Vishal Vasishth: Investing in Hard Things That Matter
Transcript
- 0:00World positive capitalism kind of investing in that area.
- 0:02And to me what that is just visualize 3 concentric circles,
- 0:06systemic challenges which we face as a society.
- 0:08Second one is like breakthrough technologies and 3rd is like
- 0:11large market. The intersection of those three
- 0:14things is to me building companies in that intersection
- 0:17is what is world positive capitalism.
- 0:19And what we have done is we've created an architecture at
- 0:21obvious to invest in things which matter around 3 N stars.
- 0:25And those three north stars are how to improve planet health,
- 0:28human health and economic health.
- 0:30Do you get any pushback on this thesis of world positive
- 0:33capitalism? If you look at like last
- 0:34hundreds of years, innovation has solved huge problems and
- 0:39life on planet has become drastically better and there's a
- 0:42huge progress which we can see. Of course there are like ups and
- 0:45downs which happened, but there's a consist progress.
- 0:47But like if you look at Warren Buffett's life, I think what one
- 0:50of the biggest take away is it's always thought about not short
- 0:53term, but has thought about long term.
- 0:55How do you kind of assess your probability that we're going to
- 0:59make it? I am 100% I believe the purity
- 1:02of our souls which are interconnected like the good is
- 1:05over going to take the negative. And what that means is it is
- 1:09your and my job to make sure that people are clearly able to.
- 1:13Now 51% people are clearly able to see their souls.
- 1:17And what is that to make you? Welcome back everybody to the
- 1:23Love Conquers Fear podcast. I have just had an amazing time
- 1:28here in Austin over the past three days at the Henry Crown
- 1:33Fellowship Forum. It's an annual gathering, which
- 1:37this year, Josh Baer, who you saw in episode #4 or was that
- 1:44five? I think it was episode 5 was
- 1:48hosting this year and he hosted at Capital Factory and we, like
- 1:54we always do with the Henry Crown Fellowship, went through
- 1:56some really profound readings and then Josh hosted a day today
- 2:03to talk about the fellowship fund and all the amazing things
- 2:06happening with the portfolio companies.
- 2:08So it was a really inspiring day.
- 2:10And I'm here actually with with a very good friend who was also
- 2:17in attendance and is also a Henry Crown Fellow.
- 2:19So really looking for this episode and we're going to get
- 2:23into a lot of fantastic topics. So I'm here with Vishal, he's
- 2:29the Co founder of Obvious Ventures and he is an amazing
- 2:35Henry Crown fellow. And we're going to really get
- 2:38into what Obvious is all about and talk about all different
- 2:43types of things. We've been having amazing
- 2:45conversations here over the past few days, and I'm really proud
- 2:51to call him one of my very, very close friends.
- 2:54So, Vishal, welcome. Yeah, it's good to be here with
- 2:57you. Awesome.
- 2:58I'm so happy, Brett, I'm here and thanks to you and Josh, I
- 3:03know that both of you have been telling me to come to Austin for
- 3:07such a long time. Here you are and here I am and
- 3:11in in your beautiful home. Well, thank you.
- 3:14Thanks for hosting me and just this morning's walk and all our
- 3:19discussions. Yes, has been amazing, some
- 3:21great discussions. Yeah, yeah.
- 3:23So, yeah. And we're so aligned in terms of
- 3:26the positive changes that we want to see in the world.
- 3:30And you're really putting it all out there with obvious ventures
- 3:34in terms of your thesis about world positive capitalism.
- 3:38So maybe we just start with that.
- 3:39What's that all about? Yeah.
- 3:42So I have been like all my life, I've been kind of, it's resulted
- 3:49in this, this journey around around finding my purpose and my
- 3:57purpose I think has has driven me towards investing in
- 4:02companies that matter and, and for, and I've branded that name
- 4:07or I'll be at obvious ventures. I've branded that as world
- 4:10positive capitalism, kind of investing in that area.
- 4:12And to me what that is, is kind of just visualize 3 concentric
- 4:17circles, systemic challenges which we face as a society.
- 4:23Second one is like breakthrough technologies and 3rd is like
- 4:26large markets. The intersection of those three
- 4:30things is is to me like building companies.
- 4:34In that intersection is what is world positive capitalism, and
- 4:37that is my life's work. Yeah, Yeah.
- 4:42That's beautiful. And what are some of the
- 4:44companies over the years that you you backed it obvious that
- 4:49you really feel like fit that mold and have created a really
- 4:53big impact? Yeah.
- 4:55So in this idea of world positive capitalism, the way we
- 4:59just invest in is investing in hard things that matter.
- 5:04And, and what we've done is we've created an architecture at
- 5:07obvious to invest in things which matter around 3 N stars
- 5:14and those three North stars are how to improve planet health,
- 5:18human health and economic health.
- 5:21And in each of these three areas, we are thinking a lot
- 5:24about what are the biggest macro shifts which are happening,
- 5:28which are positive shifts driven by technology, driven by
- 5:32different tailwinds and that's how we make investments, right.
- 5:37So in case of Planet Health as an example, I think there are
- 5:40some of these amazing shifts which are happening.
- 5:43One example would be going from combustion to electrification
- 5:50and to autonomy stack in transportation which is a
- 5:53positive move which is happening.
- 5:56Other would be dirty to clean energy to abundance of an
- 6:01abundance of energy through shift towards nuclear.
- 6:04So that's another kind of shift which is happening.
- 6:07In human health. There are multiple shifts which
- 6:10are happening. One of the shifts which we we
- 6:13see is move from a fee for service to outcome driven
- 6:17healthcare to agentic care where you can provide access to best
- 6:23healthcare for everybody. That shift is happening in
- 6:26biology. We are seeing a shift where a
- 6:32lot of innovations have happened accidentally and, and, and now
- 6:37we are seeing the shift towards more deterministic understanding
- 6:42of human biology, almost biology becoming a math discipline.
- 6:47So that's something which we're very excited about.
- 6:50And similarly in economic health, which is our third area,
- 6:52which which touches a lot of people's lives, daily lives, a
- 6:56move towards bringing manufacturing closer to home
- 6:58through robotics and automation and another big shift around
- 7:04intelligence democratization where everybody could be the
- 7:10best self they can be. So, so we make investments
- 7:14around those those kind of ideas and and some of our successes
- 7:19over the years have been in planet health companies like
- 7:23Diamond Foundry building diamonds in a plasma reactor as
- 7:27a way to get rid of mining and mining has huge lead negative
- 7:30social and environmental negative effects.
- 7:34Including with the human beings often that are doing the mining.
- 7:38Yes, like that environmental destruction, you have to have
- 7:44private armies to manage these these kind of mining sites.
- 7:51So that's kind of 11 company which now this particular
- 7:53company also is is getting a lot of attention from chips because
- 8:00Diamond is a great heat sink and so there could be huge amount of
- 8:03opportunities in that world in terms of energy saving.
- 8:08Another area where we've found a lot of successes, we were early
- 8:12on in a company called Beyond Meat, which is a plant based
- 8:15protein company. I was.
- 8:16Lucky enough to be in that one, yeah.
- 8:18Awesome and. It did.
- 8:20It did really well. It's that category is very
- 8:22challenged now, but it was an amazing, amazing rice.
- 8:26Yeah, no, I think it's the the whole shift was amazing.
- 8:30We were able to distribute our shares to our investors, but
- 8:35like now that category is struggling.
- 8:37You're totally right. But I think.
- 8:39I still love the product though. You know, I'm vegetarian for
- 8:42over 15 years now and that was a game changer because plant based
- 8:46meat prior to Beyond Meat didn't really taste that good.
- 8:51And then Beyond Meat came along and Impossible and so many
- 8:54others. I'm actually investor in Upside
- 8:56Foods, which is trying to make it from the real cells of the
- 9:00animal and literally duplicate the process of, you know,
- 9:05chicken. And the only time I've broken my
- 9:09vegetarian Ness is when when Uma, you know, the CEO and and
- 9:15founder of of upside foods brought over chicken.
- 9:19He was he was serving it at the Co founder of Airbnb's home who
- 9:24lives here in Austin and showing them that it tasted exactly like
- 9:29chicken because it's molecularly etcetera.
- 9:31It literally is just chicken and it tasted exactly like chicken,
- 9:36like at least what I remember. I remember Uma very fondly.
- 9:39Long time ago, the company used to be called Memphis.
- 9:41Meat. It was a Memphis meat.
- 9:43Yeah, yeah, no. And he's been on this kind of
- 9:45amazing journey. Yeah, and he's an amazing human
- 9:48being. Yeah, yeah.
- 9:49So I think like, so in planet Health, hopefully that gives you
- 9:53an idea of like, hey, can we make things in a different ways
- 9:56which are more, less destructive and can, can help in this path
- 10:03towards abundance in human health.
- 10:06We have a company called Verta Health, which is reversing type
- 10:112 diabetes and they're seeing amazing results.
- 10:14Like think about people you know who are not able to even tie
- 10:18laces and, and, and, and they're changing that the lives of
- 10:23those, those those folks through the street treatment amazing
- 10:27entrepreneur Sami Incan, who who built a company called Trulia
- 10:30before and, and now now he's building Bhutta and.
- 10:34Truly, it was a huge company. Yeah, it was.
- 10:36It was a very successful company.
- 10:40The Park brothers like Todd Park and Ed Park have built multiple
- 10:43companies before and, and they like, including Athena Health,
- 10:51and now they're building a company called Devoted Health.
- 10:53They're ground fellows with us as well.
- 10:56Yeah. I know Todd Park, he, I'll never
- 10:59forget a capital factory moment because we were just a capital
- 11:02factory when President Obama was on the jobs tour.
- 11:08He was there with the CTO of the United States, who was Todd
- 11:11Park, and they were playing this role.
- 11:16It was really fun. Where three companies that were
- 11:20a capital factory got to pitch to Obama and Todd.
- 11:24And Obama, you know, kept on asking Todd what he thought.
- 11:29And Todd was making all these amazing observations.
- 11:31And he's like, you know, maybe after I'm president, we should
- 11:34just go into venture capital together and just do this.
- 11:37And. And then Todd instead, like, no,
- 11:39I think I'm going to start a company and he starts to lose
- 11:41health. Yeah.
- 11:42No, I think he, he's such a a good energy human being.
- 11:48He's a very good person. Yeah, no.
- 11:50And and he's always, he's kind of his life is all about kind of
- 11:54solving problems and like, and I feel like devoted is kind.
- 11:58He's been preparing for this company for forever.
- 12:01And and he wants to and inspired by like, hey, what's the
- 12:05healthcare which his parents deserve?
- 12:08And how do we deliver that in a very convoluted system which we
- 12:11have in the US? So.
- 12:13So that's a, we're very fortunate to be a part of that
- 12:17company. I think on the biology side, we
- 12:22were early investors in a company called Recursion Pharma,
- 12:26which is a fascinating company which is using robotics and
- 12:34machine vision and AI as a way to come up with new drugs.
- 12:37So what it does is and when it started, what it did was you
- 12:42have cells and, and you have on the other side different
- 12:46molecules and you'll connect with each other and, and, and
- 12:51you'll take pictures of these cells and unhealthy cells looks
- 12:55really bad and healthy cells start look, starts looking very
- 12:59nice on a picture basis. And then through that whole
- 13:03process in high throughput experimentation, you will find
- 13:07which cell is getting better and what drug would work for that
- 13:13particular cell. That school.
- 13:15That is just like. I mean, that immediately makes
- 13:17me start thinking about alpha fold and you know, how
- 13:21Dimasisibus won the Nobel Prize for alpha fold and how that's
- 13:24going to just radically change our discovery of all different
- 13:28types of medicines. And then applying that with
- 13:31that, I mean, we're going to solve disease.
- 13:34I think we are going to be our AI in biology is an amazing,
- 13:39amazing place to use innovation and improvement activity.
- 13:43It's just like we don't understand biology really well.
- 13:47And if you can move and make it much more of a math discipline
- 13:52and understand its complications and be able to understand how do
- 13:56we prevent and eradicate disease.
- 13:58We are at the cusp of that and it is going to be so much.
- 14:02And we've been investing a lot like there are a lot of maybe
- 14:05last 10 companies, half of them have been AI and biology based
- 14:10companies. So we're very excited about that
- 14:12domain. Other area which we are very
- 14:14fascinated about is mental health.
- 14:18We we think it's one of our biggest problems which we face
- 14:24as a humanity. And so we've invested in a
- 14:26company called Micromedica, which is using psychedelics as a
- 14:34way to tackle the hardest challenges in mental health.
- 14:39So, so that's another company was started by a guy named Paul
- 14:42Stammet. I met him for the first time at
- 14:45this year's Ted, and he was such a joyous, kind guy.
- 14:50I actually met him and his wife and he was so kind.
- 14:55He, he was really sweet to me. And my niece Chantel, it was her
- 15:00first time going to Ted and it was, it was so great bringing
- 15:05her. She's, she's 29 years old.
- 15:08And he asked for our address and we've spent a lot of time
- 15:12talking to him and sent me the copy of his newest book, which
- 15:15is, which is amazing. I mean, he's done more to
- 15:18categorize the different types of mushrooms that contain
- 15:23psilocybin than any person in history, unless you go back
- 15:27probably to the to the ancient days where different indigenous,
- 15:34you know, types of people that lived on the land probably
- 15:37actually knew more than Paul Stammons, but but outside of
- 15:40them. I know.
- 15:41I think that we. Lost that wisdom to the ages and
- 15:43he's bringing it back. I.
- 15:45Think he's like he's he's a person who's been consumed by
- 15:48this space for such a long time to understand and experience and
- 15:53how how can he make an impact and.
- 15:56Yeah, he's, he's I, I can tell you for sure, like reading his
- 16:01energy and being there in person with him.
- 16:03He is rooted deeply in love. And he is he really, You can
- 16:08tell he really, really cares about humanity.
- 16:10Yeah, No, I think we've been very fortunate.
- 16:13We're fortunate to be backers of his, his company and, and we do
- 16:17a lot of other work in like, you know, in just to kind of
- 16:22systemically understand our human brain and what, how, how
- 16:28do we make us as a species live, kind of live a joyful life, you
- 16:36know, So that's kind of area of deep interest.
- 16:39And then in economic health, we are very interested in how do
- 16:45we, how do we help SMBs and individual entrepreneurs thrive?
- 16:51How do we give more and more like do innovation in a way that
- 16:57can amplify their, their opportunities.
- 17:00And so we are investors in a company called Gusto, which is a
- 17:03benefits platform. They've been growing rapidly and
- 17:08and it provides like smaller firms, the highest quality
- 17:11software, which traditionally was not available to to them.
- 17:16And and so this particular the company has built a very mission
- 17:20driven company targeted towards long tail entrepreneurs and so
- 17:27that they can thrive. We're very interested also in in
- 17:31inquest for abundance quest for to kind of really understand
- 17:38robotics and how how robotics could be utilized in, in, in
- 17:46dirty, dull and dangerous jobs. So we are investors in a company
- 17:49called Dexterity robotics, which is doing some cutting edge work.
- 17:54And more recently, we have just invested in a company which,
- 17:57which is trying to kind of solve, which is a very hard
- 18:00problem in in robotics dexterity.
- 18:03How, how do you build an AI enabled dexterous hand, which is
- 18:06an unsolved problem. So, so hopefully that gives you
- 18:10a taste of, you know, I talked about world positive around how
- 18:15how can we solve these problems, hard problems, which moves
- 18:20humanity forward and and we merchandised around that idea. 3
- 18:26broad areas. How do we improve our, our, our
- 18:31planet health, human health and economic health, which are cut 3
- 18:35fundamental building blocks of of society?
- 18:39And how do we move the the world forward through the power of
- 18:44entrepreneur entrepreneurship. You know, I'm a huge believer of
- 18:48people, irrespective whether it's for profit, nonprofit or
- 18:51policy folks, people who move things from zero to 1 and then
- 18:57one to thousands, you know, like just those are people who move
- 19:02our society forward. And I'm just so blessed to be
- 19:04part of this. So I'm kind of honestly a little
- 19:09bit overwhelmed at how much you just told me.
- 19:13I mean, how broad of an impact that is.
- 19:17And it literally fills me with love to hear about all the
- 19:22different vectors you're addressing with world positive
- 19:28capitalism. And I'm, I'm curious some do you
- 19:31get any pushback on this thesis of world positive capitalism?
- 19:36Does anybody say, because it just seems obvious that
- 19:40everybody, well that's the name of the firm, right, obvious
- 19:42ventures that everybody would say, well, of course that sounds
- 19:46amazing. Yeah, I think a lot of these if
- 19:50you look at like last hundreds of years innovation have solved
- 19:56huge problems and and life on planet have has become
- 20:01drastically better and and there's a huge progress which we
- 20:05can conceive. Of course there are like ups and
- 20:07downs which happened, but there's a consistent progress.
- 20:12But when you brand a farm around this belief that we want to
- 20:21invest in in things. Which are solving huge problems
- 20:28and, and, and, and that's our kind of thesis.
- 20:34There are certain people who always get like, they wonder
- 20:38like, hey, do you want to make money or not?
- 20:42And, and, and we are a, a traditional venture capital
- 20:45fund. So we have to kind of raise
- 20:46money from our limited partners. And, and so my work also has
- 20:52been, is, is if you in a purest form, pursue purpose and purpose
- 21:00is embedded in doing the right thing for humanity and solving
- 21:04real problems which make life better, right?
- 21:09That of course you're going to make lot of money, right?
- 21:15But it's hard for some people to understand because in a
- 21:18capitalistic system, sometimes just people want like to hear,
- 21:23tell me you only care about making the most amount of
- 21:28returns, right? Not the process of creating most
- 21:31amount of returns. I don't know if that makes
- 21:32sense. No, it totally makes sense.
- 21:34And you know what I would say to those people that are the
- 21:38skeptics is, you know, one of the best experiences of my life
- 21:42was spending time with Warren Buffett.
- 21:44Thanks. Actually, thanks to the Henry
- 21:46Crown Fellowship. So I get to spend 4 hours with
- 21:49him one day, you know, we picked him up in on a trolley called
- 21:55Ollie. The trolley went near his home
- 21:58and you know, we see his house and it's very modest.
- 22:03And this is the best investor in the world.
- 22:07And then that led me to, after seeing how much he just is
- 22:12rooted in love and spending that time with him and learning about
- 22:15his habits, I went to the Berkshire Hathaway shareholders
- 22:20meeting multiple times. And these things, you know, are
- 22:26not lost on me as ACEO, but maybe other people would not
- 22:32zero in on them. But I really zero in on
- 22:34someone's cultural manifestation, you know, that
- 22:39What is the reality they're trying to create in the
- 22:43environment that they're in? Are they trying to lead people
- 22:46to fear and just like, hey, you know, you don't do that, it's
- 22:51like lights out, you know, you're fired, etcetera.
- 22:53Or are they trying to lead people with love?
- 22:56And the most delightful part of the shareholders meeting, I can
- 22:59tell you is watching him walk the trade show floor with all
- 23:06the companies that their investors or owners in.
- 23:10And he is in a state of absolute bliss.
- 23:14Like he's in a, he's like a Buddha.
- 23:16He's he's in a state of absolute joy.
- 23:20And it's just shows on his face. It shows on the other people's
- 23:23face. And it actually led me one time
- 23:28to ask a friend of mine who is this guy Sam Taylor, who his
- 23:36company, he was CEO of Oriental Trading, which is a kind of a
- 23:41tchotchke company like you probably get the catalogues like
- 23:44for Halloween, etcetera. And he sold his company to
- 23:49Warren Buffett. He was really suffering under
- 23:52private equity and sold it. And I asked him in front of
- 23:58about 80 people, as we're all trying to learn from the CE OS
- 24:03of Warren Buffett for Folio companies, what is it like to
- 24:07work with him. And he started crying.
- 24:09Kid you not, he started crying. And I'm like, I was really
- 24:13struck because this is like a very close friend of mine.
- 24:16I've known Sam for a long time. He used to serve on the board of
- 24:18directors of shopped at org with him.
- 24:21Very tragically, Sam has passed away from from from brain
- 24:25cancer. Like really, really fought A
- 24:27heroic battle. And and you know, he said, I
- 24:33want you to understand. They looked at everybody that I
- 24:36was suffering under private equity because they did not care
- 24:40about a single person at the company, he said.
- 24:43But when Warren Buffett bought the company, he would constantly
- 24:46come and spend time with us. And every single person there,
- 24:49he would look into their eyes with incredible humanity and
- 24:53connection. And he's the manifestation of
- 24:57love. And you know, any VC or any
- 25:00capitalist watching this, I challenge you to point out an
- 25:04investor with a better track record over any similar period
- 25:09of time that Warren Buffett, you know, and that is the that that
- 25:14is the manifestation of love meeting capitalism like he is.
- 25:19He and Charlie Munger, both are the avatars for that.
- 25:21I mean, Harley Munger obviously passed away recently, but
- 25:25there's so much wisdom that Charlie Munger has given to the
- 25:28world. I have, I have for Charlie's
- 25:30Almanac, which actually the Co founder of dated out World who's
- 25:35now leading it at ServiceNow, Matt Lessig, who's an amazing
- 25:39human being. He gave it to me and there's so
- 25:43much philosophy in there. It's like watching Plato and
- 25:46Aristotle when I watched them go back and forth at the
- 25:48shareholders meeting. No, I think first of all I'm so
- 25:51jealous that you met him and spent 4 hours because that'll be
- 25:54my dream. I think you should do it.
- 25:56I need to. I can arrange that by the way.
- 25:59I would I would like. I can't, I can't, I can't
- 26:02promise you to spend that much time, but I can arrange for you
- 26:05the event where you go to the shareholders meeting and
- 26:09hopefully that happens as well. I would love that that you'll
- 26:12make my my. My good friend Phil Terry, he
- 26:15does an annual pilgrimage with leaders and and he has a lot of
- 26:19good access. But like if you look at Warren
- 26:22Buffett's life, I think what one of the biggest take away is, and
- 26:29he's always thought about not short term, but has thought
- 26:33about long term. And if you think about kind of
- 26:37the biggest suffering of human nature is we are creatures of
- 26:42short termism and we want something tomorrow, but it's
- 26:47very hard for us to wait for month or years.
- 26:53And a lot of things which Warren Buffett talks about in his
- 26:57philosophy are very, very simple things which are embedded around
- 27:03truth. And but it's so hard for us to
- 27:09follow that and execute around that.
- 27:12So similarly at obvious, I think we are part of this amazing
- 27:17planet, we have this amazing life.
- 27:21And if we get an opportunity to to make a planet better, there's
- 27:29no business to be done on a dead planet, right?
- 27:33We only have one planet. We only have one planet.
- 27:35Yeah, of course Elon Musk wants to go to Mars or something.
- 27:38But like I think, but like I think we have to protect what we
- 27:40have versus go for the greener pastures because we know.
- 27:44It's not greener there. Not greener there it was just
- 27:48too. I mean, you know, it was Richard
- 27:51Garriott who educated me that to have life on Mars, if you're a
- 27:57human being, you would you would irradiate yourself on the
- 28:01surface of Mars, like the radiation would kill you almost
- 28:03instantly. So you have to either build
- 28:05underground or you have to have domes that protect you from the
- 28:08radiation. Similarly, if we can improve and
- 28:13we've already done that, we've improved legitimately, although
- 28:16we are struggling now in the US to like it's has declined.
- 28:19But but if you're not solving and improving life and quality
- 28:23of life, what are we investing around, right?
- 28:27And then each family, each individual should have a
- 28:33productive work so that every day they show up and, and there
- 28:39is some purpose which is driving them, right.
- 28:41And, and, and so if you do not have economic help in every
- 28:48community and having vibrant communities, then why are we
- 28:51doing what we're doing right? So to me, the way I look at
- 28:55things, even for the skeptics, is if you're not investing in
- 29:01these fundamental truths, then why are we doing what we're
- 29:05doing right? Because yeah, that's the arc.
- 29:09That's the arc which we are investing around.
- 29:12So. You know, I I've known you for a
- 29:15long time and I've never understood the name obvious
- 29:19ventures as much as I do now, honestly, because this is it.
- 29:23I mean, this is completely obvious that this is the way we
- 29:27should be. Was it always this way?
- 29:29It obvious when you started out? Like what's been the journey to
- 29:32get to this point? Or was it from the beginning?
- 29:36You know we're going to invest in these.
- 29:38World positive companies for for obvious as a journey or my
- 29:43journey well for. Obvious.
- 29:45Yeah, 'cause you've been, it's, it's 12 years now, right?
- 29:47Yeah, 12 years and. And you Co founded it I.
- 29:50Co founded it with with two other Co founders, James Joaquin
- 29:57and EB Williams. EB has had a Midas touch in the
- 30:02world of publishing, building companies like Blogger, Twitter
- 30:07and Medium. And then James has been a serial
- 30:10tech entrepreneur and, and was at a company called Zoom, which
- 30:16was in the money transfer business, where he experienced
- 30:19doing the right thing for people, just created this
- 30:24cumulative effect of a Better Business.
- 30:27And, and so when we all connected and I was investing in
- 30:31India before this and when we all connected, we were asking a
- 30:36question, why are we not investing in things which
- 30:40matter? Why is everybody just chasing
- 30:43like 90% SAS deals? And we, we saw an opportunity
- 30:49and, and, and we also came to this realization, the beauty of
- 30:56venture as an asset class. This is the only asset class
- 31:01where we can envision a future and can start building that
- 31:05future. There's no other asset class.
- 31:08You can't do that in hedge fund private equity.
- 31:11The policy is the other one. Like if you can get amazing
- 31:13leaders who are futuristic, were thoughtful, they can create that
- 31:20kind of a change. But from a capitalism point of
- 31:23view, this is the only asset class.
- 31:25And so we said like he given this a vacuum and this is the
- 31:31only asset class kind of which can deliver the world we want to
- 31:35kind of build. And so we we came up with this
- 31:38thesis of ball positive and and EV was was a believer and he not
- 31:48only as a Co founder, he, he became a big investor in the
- 31:52fund. And now we're just closing our
- 31:55fifth fund in last 12 years with with six public offerings.
- 32:02We have returned over $350 million back to investors, lot
- 32:10of M&A transactions, multiple DECA cons all around this idea
- 32:19towards this fundamental truth which is like improving life on
- 32:22the Internet. Yeah, it's beautiful.
- 32:25I mean, I can tell and obviously I've known you that this really
- 32:31is something that brings you true joy and and, and it's
- 32:35truly, you know, you're, you're living your meaning in doing
- 32:39this. And I've always tried to do the
- 32:42same. But I've been on the
- 32:44entrepreneur side. I have, you know, I do have our
- 32:49family office and I do invest in startups.
- 32:51But when I tried to start up my own venture capital fund, which
- 32:59was called Hurt plus Harbach with this guy, Jeff Harbach,
- 33:05who's a great, great guy. He he became the CEO of the
- 33:09Kauffman Fellows program and he was a Kauffman Fellow himself.
- 33:16You know, I got about a year and a half into it.
- 33:19This is after a bizarre voice went public and and I had
- 33:22retired for a while and then I decided this could be this would
- 33:28be a good thing to do. I'd worked at Austin Ventures
- 33:31kind of part time to see what it was like behind the scenes and
- 33:35got inspired to think I can do this with Jeff.
- 33:41I about two months into it of raising money, which I was very
- 33:46successful at raising the money. Like I'd raised like half the
- 33:49fund in like 2 months, but I'd never got in the paperwork done.
- 33:54I was, you know, I'd gotten the commitments.
- 33:57I just felt like this is not for me.
- 34:00This is not what I was meant to do.
- 34:01I'm meant to be an entrepreneur and stay that course.
- 34:06And I met with our rabbi, Rabbi Neil Bloom off, who's an
- 34:09amazing, amazing person. And I said, I feel so
- 34:13embarrassed. And he said, Brett, you should
- 34:18celebrate this because for you, you figured something out in two
- 34:23months. He's like some people that I
- 34:25meet with It takes them 10 years to figure.
- 34:28Out. It's not right for them.
- 34:31And so celebrate that. And he's like, I would actually
- 34:35even encourage you to celebrate publicly.
- 34:37And so I wrote this post. You can find it at lucky 7 dot
- 34:40IO, which is my blog called Listening to Your Soul.
- 34:43This is a long time ago. And I just let it all out there
- 34:48and just bared my soul that this wasn't my calling.
- 34:51And you know, I'm sorry, but I never drew.
- 34:54I never, you know, signed the paperwork.
- 34:57I never never drew capital, but I have immense respect for
- 35:02people that do it that, that, that know it's right for them
- 35:06and you're doing it for all the right reasons.
- 35:09And you're, you've focused it in an area which is really
- 35:13inspiring to me and, and I think will be inspiring to a lot of
- 35:16people listening to this. So I just want to honor that and
- 35:19thank you for that. When you when you go back in The
- 35:23Time Machine with, you know, investing in India before and
- 35:29maybe we rewind all the way back to your childhood.
- 35:31Like, I'm curious, you know, how the young Vishal, like got to
- 35:35this point of the Vishal sitting in front of me today?
- 35:40I think, Brett, growing up as young Vishal, I would have never
- 35:45dreamt that I'll be sitting next to you here.
- 35:47And that's God's honest truth. I am.
- 35:50I'm sorry, you know. What I would feel the same way
- 35:52because because honestly, when I grew up in Austin, it was
- 35:56170,000 people. It was the size of Anchorage, AK
- 35:59today and it was like Willie Nelson was the biggest thing
- 36:02going on here. So so I feel the same way.
- 36:05So we are both blessed to be like here today and just
- 36:09chatting. Yeah, my my journey.
- 36:16I grew up in a small town called Chandigarh which is up north in
- 36:20I5 bars north of Delhi. 2 to a middle class family who believed
- 36:29in education. My mom side of family was
- 36:38doctors and very influential. Senior folks in the army in that
- 36:45time kind of worked for the British Army.
- 36:49They lived in what is currently Pakistan and, and during during
- 36:58the partition, they moved from Pakistan back to India, left
- 37:02everything there. I remember like my mom telling
- 37:06me like, hey, your grandfather had a Mercedes and like at that
- 37:10time and, and, but everything had to be left and just
- 37:13everything, everything, yeah, like a huge house and stuff.
- 37:17So, and they moved to India and, and my father side of business.
- 37:23Oh, sorry. My father's side grew up in
- 37:27Delhi and, and he, his father was not very was, was poor.
- 37:36And they were brothers and sisters like 6 of them.
- 37:41And they would sleep in a very small room and and my
- 37:47grandfather's brothers were very successful.
- 37:53So part of the family were very successful.
- 37:55But my grandfather from my paternal side was not, was, was
- 38:02poor. And so that is kind of where I
- 38:07that's the circumstances. I grew up my parents were who
- 38:10both are no more, which I always miss them every day.
- 38:17I grew up a regular middle class life and these guys, my parents
- 38:21took care of everything. Like they just never made me
- 38:24realize like, yeah, I'm missing anything.
- 38:26And, and, and, but there was always this message of study
- 38:32and, and, and, but I, I remember I was more careless and I didn't
- 38:38study much. And, and, and I remember my
- 38:43father always saying like, Hey, you need to kind of study or,
- 38:45or, or choose the sport and become best at that sport.
- 38:48And I was really not good at that sport, but I was consumed
- 38:51by it, which is a sport called cricket, which is very famous in
- 38:54India and. Cricket matches are very long.
- 38:58They're very, very long and, and, and then like in 12th
- 39:04grade, my father passed away. And, and, and that at that time,
- 39:15I just feel like as I look backwards was a pivotal shift in
- 39:19my thinking. I became much more serious.
- 39:22I felt like there was burden on me to kind of build a life and,
- 39:29and, and that and everybody looks for like somebody to look
- 39:35up to as a mentor. There was a cousin of mine who
- 39:39was in the US and had become very successful at that time was
- 39:44also building a company and, and, and he would always come
- 39:50back to India and kind of give us like small pencils or
- 39:53something. And we were like on top of the
- 39:55world, like, Oh my God, like our cousin has brought something for
- 39:58us. What's it going to be this time?
- 40:01What's going to be this time like we were all kids like
- 40:04waiting for them to open up their their luggage and.
- 40:09This be the Santa Claus equivalent?
- 40:11Yeah, Or Hanukkah, Harry. If he lives in San Francisco,
- 40:15he'll be like listening to this now.
- 40:17I've never shared this with him and, and, and so he kind of
- 40:23provided not knowing, he provided me a path saying like,
- 40:26hey, maybe there's a better opportunity.
- 40:28So I studied hard and got into an engineering school and then
- 40:34applied to the US and got got into a master's program here.
- 40:39And I'm just so thankful to the US system of people who are
- 40:44immigrants who cannot afford, because I came here with almost
- 40:49nothing, I was able to get full scholarship and research
- 40:54assistantship, which would pay my monthly expense.
- 40:59So I'm just very, very thankful for that system.
- 41:02And and I had a polymer science background.
- 41:07And the most important thing at that point was survival in I was
- 41:13not thinking about venture capital.
- 41:15I did not know what that was. And, and, and in that quest of
- 41:21survival and fascination of understanding what what kind of
- 41:27delightful products or consumers why they buy something, I got
- 41:32really excited about doing a project where Nike was a
- 41:35customer. And then for 10 odd years I
- 41:39ended up joining a company called Patagonia, which is
- 41:43outdoor lifestyle brand. Amazing.
- 41:45Company, an amazing company yeah, that's right, right.
- 41:48Ivan Shenard and Melinda Shenard, the 22 Co founders and
- 41:54and I remember distinctly how clueless I was.
- 42:00Brett is I walked into the company wearing a suit and then
- 42:04I for for an interview and I was just looking around and
- 42:09everybody's was wearing shorts, right?
- 42:11And there's this Yvonne guy walks in with a flip flop and a
- 42:14tattered short and my going to be manager interviews or
- 42:20introduces me and and I realize I'm like, Hey, I need to come
- 42:25make a change. So I tell this guy Joe Welkowski
- 42:27was his name. I'm like Joe, I need to kind of
- 42:29go change, right, I'm not feeling good, right, right,
- 42:32right. And so that decision that
- 42:40resulted in potentially be getting hired in a company which
- 42:44I did not know much about. And and that company changed
- 42:49fundamentally changed me. I came in as a person who was
- 42:54trying to survive, was a huge believer in hardcore capitalism
- 43:01and, and in 10 years learned the role of business businesses role
- 43:11in the context of society, building excellent product
- 43:15building and doing it in a way there's amazing culture.
- 43:19How do you kind of do it in in the context of building
- 43:23stakeholder value? And nothing affected actually
- 43:26the bottom line kept on improving.
- 43:28So I'm like, so early on, I just learned by doing the right
- 43:32thing, you can end up making more money here as well.
- 43:36And, and that experience became formative.
- 43:41And as I was leaving and I was thinking about after they
- 43:44sponsored me for the green card and I, I could be secured in, in
- 43:52the USII started as I was coming out, I was more of a refined
- 44:01capitalist. What, what in Austin you all
- 44:04call conscious capitalist. And, and so that journey of
- 44:08hardcore capitalist survival to a system thinker and, and, and a
- 44:15more conscious capitalist is, will happen thanks to Paragonia.
- 44:19So I'll be always indebted to that company and Shenads for
- 44:24providing that, that experience at that formative age.
- 44:28And, and, and with that, I started thinking like what next?
- 44:31And, and, and there are a couple of my friends who got connected
- 44:38to me thanks to Patagonia, and you may know them.
- 44:40Joe Welkas, is it not? J Cohen Gilbert and Bart
- 44:44Houlihan. Yes, I do.
- 44:46Yeah. Jay and Bart, actually, you you
- 44:49don't know this about me. I don't think.
- 44:51I don't think we've ever talked about this.
- 44:53But I went to the awards, the Aspen Institute awards ceremony
- 45:01when I was just in the Henry Crown Fellowship and J and Bark
- 45:08and Andrew were getting an award for founding the B Corporation
- 45:12movement, benefit Corporation movement.
- 45:14And I came back from that. We had just started dated out
- 45:19world and I told my Co founders I said, hey, I really think this
- 45:25is capitalism 2 dot O and we need to convert from AC Corp to
- 45:29AB Corp. But we had just gotten a term
- 45:32sheet from Jason Pressman Shasta ventures for our Series A to
- 45:36lead our Series A. And so I called up Jason and I
- 45:43had the blessing of my Co founders.
- 45:46They were that that didn't take much time.
- 45:48They were like, of course and Jason was very open to it, but
- 45:53he said, hey, let's talk about the first board meeting and this
- 45:55would be the first B Corp we've ever invested in at Shasta
- 45:58Nitrous. And the first board meeting, I
- 46:02was all like ready with this big presentation.
- 46:06And it was, it was like it carved out an hour and a half of
- 46:08time, you know, etcetera. And within 30 minutes of that
- 46:11board meeting, Jason's like, this makes so much sense, let's
- 46:14just do it. And that was it.
- 46:16We converted to AB Corporation, but it was really, you know,
- 46:20I've, I've told Jay and and Bart and Andrew that story many
- 46:23times. You know, very sadly, like
- 46:25Andrew passed away, passed away recently.
- 46:27But what they did with that movement is really amazing.
- 46:32Yeah. So the corporation movement and,
- 46:34and so they, yeah, really want to honor them in the spirit of
- 46:38the fellowship too, and how they changed my life.
- 46:41That's so cool that that you had that positive impact with them
- 46:44as well. Yeah, I know.
- 46:45I, I think I remember like as I was thinking about leaving
- 46:48Patagonia and Jay had just sold his company and one which was a
- 46:54basketball shoe company. And he and I started kind of
- 46:57discussing like, hey, what should a new kind of corporation
- 47:00look like? And we came up with this name B
- 47:05and. And also you were in the room
- 47:07where it happened. Where?
- 47:07Oh yeah, yeah, first. You actually came up.
- 47:09With yeah, yeah, yeah, we have. I have a the first T-shirt we
- 47:12made of of B before we were actually thinking about like,
- 47:15let's start a clothing company which is going to compete with
- 47:18Gap as B and we're going to give a a large part of profits to
- 47:24something else. All right, like from like to non
- 47:27profits and stuff. So that was the original idea we
- 47:30were brainstorming and then as we did more and more thought
- 47:35process, we said like, hey, why not make a system exchange?
- 47:38And so we up leveled it to a non profit and we had or Jay had
- 47:45his, his friend Bart Houlihan, who was part of Andwan joined
- 47:49joined us and and Jay left to Costa Rica for some time and
- 47:53Bart and I continued to work on it and and once it started kind
- 47:59of formulating, they were ready. That's when I think Andrew Kosoy
- 48:06came into the picture. As I was going through this
- 48:10whole process, I just loved this whole idea, but I got cold feet.
- 48:14Like I didn't want to be a full time nonprofit person building
- 48:19that that shop. So I decided to not join them
- 48:25full time and they just took the whole project and have executed
- 48:29so beautiful and with love. And then you meet Jay, you meet
- 48:34Bart, you meet. And do you know that they are
- 48:36full of love? Full.
- 48:37Of love. You know for sure and and and
- 48:40so, but I what I started at that point started thinking about
- 48:47innovation in entrepreneurship. How can they solve huge problems
- 48:53like that got that was something on back of my mind and the CEO
- 48:57of Patagonia joined a guy named Steve Case at a fund called
- 49:00revolution. So Steve in the 90s was like.
- 49:04Founder of AOL. Founder of AOL and and a book.
- 49:06Alongside Steve when he was coming out with his new book and
- 49:11basically making the case for, you know, that there should be
- 49:15this revolution, you know, all over the United States, not just
- 49:20in Silicon Valley, that all these communities could
- 49:22participate in. Rise of the rest.
- 49:24Yeah, start up the rise of the rest.
- 49:25Yeah, yeah. And so I was very fortunate.
- 49:29I never thought about like investing as a career.
- 49:31And so Michael, who is a pharmacy of Patagonia, joined
- 49:35Steve and he said like, hey, do you want to come to this side?
- 49:38And, and I, I did and, and, and there we got involved in a
- 49:44company, a project I worked closely with was a company
- 49:47called Flexcar, which we merged with Zipcar and, and, and, and
- 49:52Zipcar became a very successful company in that era.
- 49:55So I tested some kind of success of like, hey, this is how good
- 50:00investment could look like. And and but I was still consumed
- 50:06by this idea of how can technology solve big problems
- 50:15and can that be a thesis around which you can invest and can
- 50:19innovation solve big problems? So at that same time, Jaco and
- 50:24Gilbert had nominated me for Crown Fellowship.
- 50:27Oh, cool. I didn't know he was your.
- 50:29The one that nominated. Yeah, you.
- 50:31I mean, Josh Baer was the one that nominated me.
- 50:33Yeah, yeah, I know he was he I remembered him and and and
- 50:36interviewing with Keith Buick, who was the founder of Henry
- 50:39Crown Fellowship and fondly can just remember these amazing,
- 50:42amazing. He's no more.
- 50:44Keith is no more, but. He was a giant of giants.
- 50:47Yeah, he's just amazing, amazing soul.
- 50:51And, and so when I joined, I kept on going with this thread
- 50:57of like, hey, can technology and innovation and entrepreneurship,
- 51:01can you kind of build a pieces around solving these big
- 51:04problems? And, and I encountered almost,
- 51:08maybe now I think backwards, maybe I was not fully 100%
- 51:13confident, but I encountered like people saying like, Hey,
- 51:19can this be done? Or like, hey, you will not have
- 51:21returns or, but I continued to pursue and, and, and talk to
- 51:26everybody who I could. And, and then I remember like
- 51:30few folks in the fellowship. Well, you actually, you know,
- 51:34Sonal Shah, like she was, she was at Google at that time.
- 51:38And and so she connected me to beer mid year's vehicle and then
- 51:43George Soros vehicle and, and and, and those 3 entities ended
- 51:47up backing a fine targeted towards India to prove this
- 51:52hypothesis that you can solve problems using innovation and
- 51:59innovative business models. And, and so I dragged my family
- 52:03and they were very, very reluctant from a beautiful town,
- 52:06Ojai, California to Hyderabad, India, because that was consumed
- 52:11by this idea and, and, and ended up investing in India and, and
- 52:20it's a tough market at that those days, but all our
- 52:24companies ended up doing very well.
- 52:27So gave me this courage and confidence that this could work.
- 52:31And, and didn't want to live in that part of the world at, you
- 52:37know, indefinite place and wanted my son to come, go, go to
- 52:41school here. So moved moved back and and I
- 52:48was at that point convinced that technology and innovation can
- 52:52envision the future. And and I just love these kind
- 52:57of serendipity of when you are thinking honestly and clearly
- 53:03with great love that you find other people.
- 53:06And and that led me to connect with James and EV.
- 53:12And here we are after 12 years, having built obvious ventures
- 53:17and and just finishing raising up for fun.
- 53:19So I'm so cool. I'm blessed.
- 53:21I'm I'm really, really blessed, but never thought about I would
- 53:25be doing this thing when I was growing up.
- 53:27Yeah. Well, it, it very much reminds
- 53:30me of that book, the the Celestine Prophecy.
- 53:34And one of the things that happened in the way here that
- 53:36you and I were like, Oh my gosh, is, you know, we're driving back
- 53:41to the house and there's a bumper sticker like right in
- 53:45front of us. And what was on the bumper
- 53:47sticker? Love greater than fear.
- 53:50Love greater than fear, right? And here we are talking about
- 53:53love conquers fear. I mean, it really, It really is.
- 53:57You put out that intentionality and then the universe started to
- 54:01open up to you and more and more people came in your life that
- 54:05led to this moment for both of us.
- 54:08Yeah, No, I think it's kind of, I hope I had this kind of
- 54:14clarity is even clarity comes with time, you know, like
- 54:19there's this element of wisdom and.
- 54:23What is the Steve Jobs quote that all the dots connect in
- 54:26reverse? Yes, yes, yes, yes.
- 54:29And to me, actually, for the longest period of time, I just
- 54:33feel I had lived life around fear.
- 54:40And but then there was a change somewhere in this journey where
- 54:45love went much bigger than fear and was able to conquer fear and
- 54:52that feeling of doing things for the right reason.
- 54:56Not just worried about like what happens tomorrow, but I'm
- 55:01working everyday with that and belief.
- 55:05And as, as you and I have talked about, like I think we, we have
- 55:09this energy and our, our, our, our souls have this energy that
- 55:15if we authentically go out in the world and, and bring 100%
- 55:22self in an authentic way, then we find other people who are,
- 55:28who want to be on the same journey with.
- 55:30With you, yeah. I mean, you know, even just
- 55:33starting this podcast, one of the things that I really had to
- 55:37weigh is how transparent to be. You know, and I started out
- 55:41episode one with just incredible transparency.
- 55:44And one of our Henry Crown fellows, he asked me over the
- 55:51past couple of days, he said, hey, have you lost friends
- 55:56because you're being so transparent?
- 55:58And, and I said, actually, I've gained so many more friends,
- 56:05like so many people have showed. Me.
- 56:07Since launching this podcast, I may have just launched it on,
- 56:10you know, Rosh Hashanah on September 24th and so many
- 56:16friends have have showed up, have come into my life.
- 56:19It's amazing. Like what what actually is
- 56:21happening. It's very Celestine prophecy for
- 56:25me and I. I told him I said not to my
- 56:29knowledge yet. Have I lost any friends?
- 56:32But if I do, were they the right friends in the 1st place?
- 56:35Like if they see me acting with authenticity?
- 56:39Because are we going to act with authenticity and allow love to
- 56:44conquer fear within us so that we can then hopefully
- 56:50collectively as humanity allow love to conquer fear.
- 56:54But it starts individually, you know, it starts individually
- 56:58with us overcoming our own fear to then manifest the change that
- 57:05we want in the world. And you, you overcame lots and
- 57:07lots of fear. I mean, can you, I, it's hard
- 57:10actually for an American, even American growing up in small
- 57:15town Austin to imagine because small town Austin when I was
- 57:21born is very different than India from a wealth level.
- 57:26You know, India right now has 1.46 billion people.
- 57:31It's the most populous country in the world.
- 57:34And you and I are similar age. And back when you were a kid,
- 57:39India was pretty poor country. And and with the communistic
- 57:46approach to their politics and no free form capitalism at that
- 57:51point. And and you only worked for
- 57:55government. So it was a very different
- 57:57country than what it is today. And it's moving now isn't like
- 58:01an amazing growth story, but but at that point kind of leaving
- 58:04that country behind in an unknown environment with no
- 58:09support system. Yeah.
- 58:12But like, that's what I love about us.
- 58:13I think like I just was on this walkie-talkie tour with at our
- 58:20Aspen event yesterday, and there were these four amazing human
- 58:25beings which this this format of walkie walkie-talkie, which I
- 58:30described that format, yeah. Is is basically having a prompt
- 58:34and for 10 minutes one person talks and everybody listens and
- 58:39walks with them and then they talk back or they summarize what
- 58:45they heard without any judgement.
- 58:47They just served as a mirror. As a mirror, this is what I
- 58:50heard and you do it, everybody does it.
- 58:55And I just, it was kind of the most interesting experience I've
- 59:02had in a long period of time. Like just because I was able to
- 59:06connect at A at a deeper level with everybody in 10 minutes
- 59:12seems short. But when you're talking about
- 59:15yourself for a person like me who doesn't like to like to talk
- 59:18too much, is an introvert is daunting.
- 59:23And and, and, and, and and so it was I just learned about these
- 59:31three people. I had known one of them before,
- 59:34two I denied, but the the depth at which I get to know about
- 59:40them and all four of us are immigrants, one Italian American
- 59:45family long time back, a Jewish family who survived Holocaust
- 59:51from Germany and Austria and a Spanish family right, like we
- 59:59immigrated from Spain so. America has such an amazing
- 1:00:04melting point of best of best coming here and building their
- 1:00:08lives and kind of giving back on this amazing.
- 1:00:11I wish that we would just honestly open the floodgates to
- 1:00:15the best of the best because they want to come here.
- 1:00:18And one, I wrote this piece on Doctor Fifi Lee's book.
- 1:00:24It's called the world. I think it's called The World I
- 1:00:26see. I remember the title, but I
- 1:00:29wrote that piece. People can find it on my medium
- 1:00:31or well, actually I think that one's just on my medium or on.
- 1:00:35It's also on LinkedIn. And one of the things that I
- 1:00:40went back in time because core metrics really leverage the H1B
- 1:00:45program. I brought people from Pakistan,
- 1:00:47from India. It was duringthe.com time.
- 1:00:52So talent was very, very tight here and I fell in love with the
- 1:00:58people that we brought here. I mean, my wife was, you know,
- 1:01:01she helped me start core metrics.
- 1:01:03She was helping them find medical care.
- 1:01:06She almost like a din mother or two in terms of I mean, she did
- 1:01:09a lot for the company. She was doing the user interface
- 1:01:12design, the website, the trade show, boost the office, like a
- 1:01:16ton of stuff. She's very, very talented and
- 1:01:20very entrepreneurial. And, you know, I really fell in
- 1:01:24love with them. And we're such a beneficiary of
- 1:01:26the H1B program. I looked back on the stats since
- 1:01:30core metrics, which I started in 1999, and it almost has not.
- 1:01:35I mean, it's stagnated. It's like we have not opened the
- 1:01:38floodgates. So, yeah, we need to, we need to
- 1:01:43do that because the best do want to come here.
- 1:01:46And this is an immigrant nation primarily.
- 1:01:50I mean, you know, they're the American natives who are here.
- 1:01:54I think it's 1.5 million of the population of around 350
- 1:01:58million. So it's primarily all
- 1:02:01immigrants. But we spend so much time, you
- 1:02:04know, talking about America, American isolationism, and the
- 1:02:09best. Want to come here?
- 1:02:11And, and great privilege, a position of privilege, because
- 1:02:14if the best want to come here and contribute, I think like
- 1:02:17it's very hard to design a country like that.
- 1:02:19Very, very hard. And it's very hard, you know,
- 1:02:22like going back to your family story, it's very hard to like
- 1:02:25just leave Pakistan with nothing, leave everything
- 1:02:30behind. Like how many people can conquer
- 1:02:32that type of fear? Like literally, they just leave
- 1:02:35their house, they leave out their possessions and just go.
- 1:02:39I mean, and, and the type of roots that that gave you as a
- 1:02:44child, like that's real love conquering fear.
- 1:02:49Like that's real bravery. And many people that have made
- 1:02:52it to this country have have allowed love to conquer fear
- 1:02:58that dream for this new promised land.
- 1:03:01You know Ronald Reagan said the shining city on the hill.
- 1:03:05Yeah, I think yeah. But I think we, we, we, we like,
- 1:03:11I, I've just been very, very fortunate to to be in this kind
- 1:03:16of place. And, and, and I've been very
- 1:03:22fortunate to have met you also, Brad, like, I think thank you to
- 1:03:25my, it's just, I think we are now collaborating and you are
- 1:03:31working on this kind of new chapter, which is so much
- 1:03:35needed. And, and, and if we all were
- 1:03:42able to kind of learn how to conquer your fear and kind of
- 1:03:47manifest love and love as is not a soft word.
- 1:03:51Like love is love for everything, love for humanity,
- 1:03:54love for innovation, love for love is like the most powerful
- 1:04:00word if you do it from the purity of your heart, right?
- 1:04:02And then how do you, how do you manifest that?
- 1:04:05And if you are able to do that as nation, as the world, I think
- 1:04:10we have this amazing opportunity to come make humanity thrive.
- 1:04:14Yeah. Yeah, it's the highest vibratory
- 1:04:18force in the universe. You know that the universe is
- 1:04:21deeply rooted in love. So to be in alignment to that,
- 1:04:26you know, to be, to take the investor sense, to be like
- 1:04:30Warren Buffett, I'm quite sure his whole life has been very,
- 1:04:35very much like the Celestine prophecy.
- 1:04:37I can't imagine the people showed up.
- 1:04:39I mean, Sam Taylor showed up. Sam Taylor was the one that
- 1:04:41called him to say I want you to buy Oriental trading.
- 1:04:45And Sam told me that. He said, OK, well, you know, I
- 1:04:49know the business, you know, come over.
- 1:04:51How's he know the business? Because he reads over 4 hours a
- 1:04:53day. He, he comes, he comes to his
- 1:04:57office and he makes the decision in about 30 minutes to buy the
- 1:05:02company because he looked into Sam Taylor's eyes and heart and
- 1:05:07he knew that he was in front of a good man that really cared
- 1:05:10about the company. That was all he needed to know.
- 1:05:14Because he already knows the numbers of the.
- 1:05:16I mean you when you've spent that much time investing and
- 1:05:19reading, you could look at a the numbers and just I can't even
- 1:05:25imagine the database of comparisons he's doing.
- 1:05:28I, I love, I think I love this idea of living optimistic way of
- 1:05:36life versus a more pessimistic way.
- 1:05:38Like you can find fault in anything, of course, because our
- 1:05:42brains are like, we can kind of find problems.
- 1:05:45Hey, this cannot happen for the 17 reasons.
- 1:05:48But thinking about why this can happen or what would make this
- 1:05:53happen, you know, is the power we have as human, human brain
- 1:05:58and and and and then there is this utmost truth.
- 1:06:03And thanks to kind of sharing with me is the book sales team
- 1:06:08Prophecy and and and. Oh, this is a book you've read?
- 1:06:12Yeah. OK, OK, perfect.
- 1:06:14Yeah, yeah. No, you, you.
- 1:06:16I'm not like a humongous reader, right?
- 1:06:19But like you, I have like, I don't know, so many books I want
- 1:06:21to read now because of you. I'm like intrigued by, well,
- 1:06:26hopefully all of these books will make me better.
- 1:06:28Yeah, no. I would love, I love that book.
- 1:06:32Actually, I and my wife had the book on Audible together and I
- 1:06:41just love that. It's just like it.
- 1:06:45It related well to my soul in terms of like, hey, what's the
- 1:06:48utmost truth and and and bowl that.
- 1:06:51Your wife heard it with you. Yeah, you know, was was a really
- 1:06:54good fun way. And we then discussed with with
- 1:07:00each other about, you know, life and our souls and yeah.
- 1:07:05That's beautiful. That's beautiful.
- 1:07:07And you know what? One of the things I found in
- 1:07:09reading that book is that I started to notice a lot more
- 1:07:13synchronicities. Like it opened me up.
- 1:07:15It opened me up to the inner. And actually the book talks
- 1:07:18about how to open up to that energy.
- 1:07:22Like, you know, we could go go into that for for a long time,
- 1:07:26but I would just encourage anybody get it on audible.
- 1:07:30It's told really well through Audible.
- 1:07:33It's, it's like, it's, it's like listening to a great movie.
- 1:07:36Yeah, really. No, it was it was yeah, captured
- 1:07:39your imagination like what comes next?
- 1:07:40And they they rated it really well.
- 1:07:43And, and it also kind of related well, or I started actually
- 1:07:48thinking a lot about my, my like how I grew up as a Hindu and,
- 1:07:56and kind of and, and the Vedas and, and this kind of the notion
- 1:08:03of soul, our soul and how it's all connected.
- 1:08:07And this is 1 soul and what is the eternal truth, which is
- 1:08:15love, yes and where everything is connected.
- 1:08:19That's the that's the eternal truth.
- 1:08:23Yeah, yeah. And if you think about all the
- 1:08:26things which have happened thousands of years, I think
- 1:08:28that's where we are moving. And that's what the book
- 1:08:30captured for me is just. We are on this journey, yeah, in
- 1:08:36pursuit of the. Fundamental truth, yeah.
- 1:08:40I mean, that's that. That is what my science fiction
- 1:08:43book, The Lattice is all about. I want to read this.
- 1:08:46There really is. I mean, it's it's it's the
- 1:08:48pursuit, you know, the protagonist is Doctor Alexander
- 1:08:51Bliss, you know, no mistake on mind getting that new.
- 1:08:55And he wants to fearlessly pursue the truth, but he doesn't
- 1:09:02realize how to prove what the reality actually is.
- 1:09:08And he has this audacious idea to use brain computer interfaces
- 1:09:13with this company. This is in the year 2030 called
- 1:09:16Neurofire. And he plugs in, you know,
- 1:09:21psychonauts, like people who are expert at navigating with
- 1:09:24psychedelics, master meditators, the Dalai Lama, like spiritual
- 1:09:29masters, and uploads all of this data.
- 1:09:34This is at a point in time where you can see exactly what's
- 1:09:37happening inside of the brain in terms of what it's seen, like a
- 1:09:41three-dimensional, you know, movie, and looks for the
- 1:09:46commonality in terms of what is our reality and discovers the
- 1:09:51lattice. And the lattice is the
- 1:09:54interconnectedness of all things.
- 1:09:56And, you know, at the end of this, I quote from ancient
- 1:10:01scripture, and in Hinduism, you know, this is called Indra's
- 1:10:06net. But it's all the same thing.
- 1:10:10And it's all, you know, anybody that's done a psychedelic
- 1:10:13journey or really become good at meditation or just has a
- 1:10:19spiritual awakening sees that our actual reality is deeply
- 1:10:23rooted in love and that there is this interconnectedness, which I
- 1:10:26think is incredible. Yeah, and I've not read the
- 1:10:28whole thing, but I did read the last few pages and and all the
- 1:10:32religions and the interpretation of kind of one Ness is very
- 1:10:37similar in it's, you know, interpretation.
- 1:10:41And so it just kind of yeah. And, and what I love, the reason
- 1:10:47I have just, I'm enjoying to getting to know you and becoming
- 1:10:52a really good friend here is because you are going deep on
- 1:10:58yourself, but also you envisioning this kind of world.
- 1:11:01And, and, and I clearly see this too.
- 1:11:05I know that a lot of people talk about AI is going to kind of
- 1:11:09kill us all and, and, and there's a doom and gloom coming.
- 1:11:14But like the trajectory I see is very similar like to, to kind of
- 1:11:18what you talk about with, with the brain computer interface,
- 1:11:23like all these technologies are going to unlock things which
- 1:11:29were not possible and, and, and will provide us the power to
- 1:11:37kind of get, as you call it, closer to heaven and life, you
- 1:11:40know, and, and heaven and earth converging, You know, so I, I,
- 1:11:45I, I do believe in it because I'm, you know, I in Silicon
- 1:11:51Valley, I'm very, very technology curious in everyday.
- 1:11:54Like I just keep on thinking about how these things are going
- 1:11:57to kind of shape and how they're evolving and, and so many things
- 1:12:02are coming, whether it's robotics and automation to come
- 1:12:08build things for US 24/7, whether it's abundance of energy
- 1:12:15that could yield enormous amount of water.
- 1:12:18Yes, there's enormous amount of water.
- 1:12:21There's no end of agriculture and and there's all the science
- 1:12:27around synthetic biology, which can improve the quality of our
- 1:12:34soil. There is this huge opportunity
- 1:12:39like, and you've talked about Chad in other countries where
- 1:12:42like intelligence democratization would mean like
- 1:12:45a surgeon in Chad would be able to kind of tap into the best
- 1:12:50wisdom and tools to treat people and save lives in Chad who
- 1:12:57cannot even dream of coming to Stanford.
- 1:13:01And we are at that cost. This is this convergence
- 1:13:04happening. And what we need is a force of
- 1:13:08all amazing people who believe in love or fear, who shaped this
- 1:13:15for the good of humanity. Yeah, yeah, yeah.
- 1:13:19I completely agree. You know, one of the things just
- 1:13:21since you brought up Stanford, that was really that really
- 1:13:25jumped out at me. This is quite a while ago, maybe
- 1:13:298 to 10 years ago, Stanford started to open up their classes
- 1:13:33where anybody could take them while the students were taking
- 1:13:36them in the classroom. And you may know where this is
- 1:13:38going. And one of the computer science
- 1:13:41classes, they opened up and I think they were like maybe 40 to
- 1:13:4580 students in the class. I can't remember the number, but
- 1:13:47it was less than 100. But there were 30,000 students
- 1:13:52that took the class with them virtually.
- 1:13:55And for the final exam, I think it was only one or two that were
- 1:14:01in the class that scored in the top, in the top, you know, 5%.
- 1:14:07It was all these other people. So Genius is like very
- 1:14:10distributed. Distributed, you know, a lot of
- 1:14:12things depend on luck, like getting into a place like
- 1:14:16Stanford. You know, I got into Warden.
- 1:14:19I think the only reason I got into Warden, you know, where I
- 1:14:23went here to UT Austin was because of the weirdness of my
- 1:14:28background. Really the programming since age
- 1:14:327, creating this Internet game at age 18 or just like this
- 1:14:36guy's so different from the investment banker types that are
- 1:14:39applying here. Like what is going on?
- 1:14:42I, I honestly think that's what got me in just that, that weird
- 1:14:46background. So just that weird for that
- 1:14:49time, you know, that that ability to harness luck
- 1:14:54sometimes is, is really, you know, and I, I believe that's
- 1:14:59part of the divine too. It's.
- 1:15:01Kind of interesting, but you were one step ahead because now
- 1:15:05that has become the dominant cool person which every
- 1:15:08university. Trust me, I did not feel cool
- 1:15:10growing up in Texas at all. I was picked on a lot growing up
- 1:15:15in Texas. It was like, why aren't you
- 1:15:17playing football? Why aren't you doing this?
- 1:15:19Why aren't you doing that? And all I was doing was
- 1:15:20programming. You were way ahead, my friend.
- 1:15:24Yeah. Well, I will give myself some
- 1:15:27credit that I that I have been able to see the future pretty
- 1:15:30clearly throughout my life and I am, I am very confident that
- 1:15:37humanity is going to make it to this age of abundance for all,
- 1:15:43but I also am very clear eyed that it's not going to be easy.
- 1:15:47Yeah, No, I think there's always, there is goodness and
- 1:15:51there is evil and has that has existed forever and good and bad
- 1:15:59both coexist and and eventually I think good has won over bad.
- 1:16:08And, and if you look at history and, and it ultimately is based
- 1:16:14upon people like you and me and folks that they use the position
- 1:16:22of strengths, whatever they are really good at to come manifest
- 1:16:26that. And, and that's the, that's the
- 1:16:29opportunity and, but also so fascinating to live in this time
- 1:16:39where you could start seeing abundance.
- 1:16:44It's so cool to like, I'm just like as a like I'm like, I can
- 1:16:48totally see like these things happening, you know, in energy
- 1:16:56and food and help and proving Lynch activity and disease cure
- 1:17:03and and and making stuff 24/7 with a lot of kind of less
- 1:17:09footprint and extractive kind of nature going down and biological
- 1:17:15materials taking over oil and basement materials.
- 1:17:21And just like I it's it's at the class.
- 1:17:25A lot of these things are going to converge and we'll be able to
- 1:17:28concede this build this new world and and the 0 sum thinking
- 1:17:34is to it could be the seeds of destruction.
- 1:17:40So that is what we need to overcome that if we all grow,
- 1:17:47humanity cannot get uplifted, you know, so.
- 1:17:51So let me ask you, it sounds like you're pretty positive
- 1:17:56we're going to make it to this age of abundance for all you
- 1:17:58know, how do you kind of assess your probability that we're
- 1:18:02going to make it? I am 100 percent, 100%.
- 1:18:08Yeah, OK, Yeah, I I believe the purity of our souls, which are
- 1:18:16interconnected like the good is over going to take the the
- 1:18:21negative. And what that means is it is
- 1:18:25your and my job to make sure that people are clearly be able
- 1:18:31to connect. 51% people are clearly able to see their souls.
- 1:18:36And what is the ultimate truth? Yeah, yeah.
- 1:18:39And we need to kind of bring those folks together.
- 1:18:42Yeah. And work on these things in a
- 1:18:46way which enables humanity thrive.
- 1:18:50Yeah, I do worry. Don't get me wrong, I'm not like
- 1:18:56there is and you and I have talked about this nuclear based
- 1:19:01wars and nuclear based destruction.
- 1:19:04There is AI interconnected if we give agency to it that it
- 1:19:11destroys us rather than helping us.
- 1:19:13There is automated wars where life becomes like hell living in
- 1:19:21it because there's no destruction and just people like
- 1:19:24destruction of humans that like it becomes a technology warfare
- 1:19:28and and has less friction. But all of that I think is
- 1:19:34around around the 0 sum mindset. And we need to kind of as
- 1:19:42leaders get people into this abundance mindset.
- 1:19:50If you even think about America and the growth of America and
- 1:19:54globalization and how that has helped the US and its economy,
- 1:20:03there are people who have not have suffered, don't get me
- 1:20:08wrong. And we need to consult that.
- 1:20:12But in general, like being a great leader, global leader, and
- 1:20:16how that has positively affected our GDP over the years shows
- 1:20:22clearly to in my head, like I think it's not a 0 sum game.
- 1:20:26It's like if you lift and peace and trade that everything goes
- 1:20:31up. Yeah.
- 1:20:34What do you think is the nature of our reality?
- 1:20:37Like, how do you look at our reality?
- 1:20:42Something I think about a lot. Share a little bit more about it
- 1:20:46what what your views? Are well, I discussed this a lot
- 1:20:51on episode 1, but I think that my personal distillation of the
- 1:21:02books, if I was to try to summarize, like all the reading
- 1:21:05I've done, it's probably like 50 books now since the beginning of
- 1:21:08this year. No, it's, it's it.
- 1:21:11And honestly, the reason it's like my soul is very animated.
- 1:21:16I've got a lot of energy as a result on this quest, you know,
- 1:21:22and you know, my friend Tarot, who is on the podcast, he's the
- 1:21:27founder of four Sigmatic. He he, he and I agree.
- 1:21:30It's it's like a soul quest. You know, it for him, it
- 1:21:33happened very young. It was like he was 18.
- 1:21:35He wrote over 130 books. I ask him what his favorite book
- 1:21:39was. It was Awareness by Anthony
- 1:21:40D'mello, which is like the George Carlin of spiritual
- 1:21:44teachers. It's such a such a fun book.
- 1:21:47I really think that this whole thing, the reason we're here,
- 1:21:52the purpose is to manifest love. I think we are in an earth
- 1:21:59school and our actual reality is rooted in love and our souls are
- 1:22:09having a physical experience. And the reason we're born and
- 1:22:14have amnesia is that we, if we had all the answers to the test,
- 1:22:22we would feel kind of cheated and we wouldn't grow.
- 1:22:26You know, if you had gotten into the schools you got into and the
- 1:22:31professor said, hey, Vishal, don't worry about, I really like
- 1:22:34you. Here's the cheat code.
- 1:22:36You would be well, hold on a second.
- 1:22:38Like I came here actually to learn like I'm curious about
- 1:22:41this subject. And and so I think that this
- 1:22:45amnesia that we have of why are we here?
- 1:22:49Why did we Incarnate? What is this lifetime all about
- 1:22:54is to lead us to that discovery. And then once we find it, you
- 1:23:00know which the best book on that is Man's Search for Meaning.
- 1:23:04I write a lot about Man's Search for Meaning and the
- 1:23:06Entrepreneur's Essentials, my first book.
- 1:23:09Once we find it, it animates us and it gives us a boundless
- 1:23:12level of energy. And you know, Viktor Frankel, he
- 1:23:16survived 4 concentration camps. You know, we're recording this
- 1:23:21actually on the week where we just passed the two year
- 1:23:27anniversary of October 7th, you know, which is a really that was
- 1:23:32how what happened on October 7th in in Israel when Hamas
- 1:23:36attacked. And you know, we we're we're in
- 1:23:41this earth school to ultimately manifest love.
- 1:23:45And so that tells me that our actual reality is is rooted in
- 1:23:51love. And no matter what spiritual
- 1:23:54text I've dove into, you know, I've read the Bhagavad Gita,
- 1:23:58I've read the Dao de Ching, you know, I've read a lot of the
- 1:24:03Zohar, you know, ancient, you know, Jewish mysticism.
- 1:24:07I've studied Vedanta in India under Swamiji Parthasarathi.
- 1:24:11Amazing person actually is from Swamiji Parthasarathi.
- 1:24:14One of the things you were saying earlier, he quotes from
- 1:24:17Abraham Lincoln and he's talking about raising children in this
- 1:24:22part of the lecture. But he says, he quotes Abraham
- 1:24:25Lincoln, if you want your children to walk in a certain
- 1:24:28path, you must walk in that path.
- 1:24:30And I would actually broaden that out to say if we want
- 1:24:33humanity to walk in a certain path towards love, we ourselves
- 1:24:37must walk in that path. Genuinely have to conquer our
- 1:24:41own fear, to be an embodiment of love, to actually show that it
- 1:24:47can be done. And again, I look up to Warren
- 1:24:50Buffett. He's done that.
- 1:24:52He's definitely done that. I mean, when he did that deal in
- 1:24:56the financial crisis with Goldman Sachs, you know, for $10
- 1:25:00billion loan, he made that decision in 30 minutes on the
- 1:25:05phone with this year of Goldman Sachs.
- 1:25:07And he was absolutely demonized on CNBCI mean they people were
- 1:25:12just laughing at him and he knew it was right.
- 1:25:17He believes in capitalism, he believes in America.
- 1:25:21And so I think that we have to discover over and over again how
- 1:25:25to become better human beings. And you know, some people are
- 1:25:31simulation theorist and say, well, that's that's part of the
- 1:25:34video game is the video game is like you, you're kind of
- 1:25:38climbing humanity's levels. And certainly there's a lot of
- 1:25:43books I've read like Journey of Souls by Michael Newton, which
- 1:25:48do say there are these 7 levels of heaven, and those have been
- 1:25:52glimpsed in ancient spiritual text as well.
- 1:25:55But you know, no matter what I've read, it all comes back to
- 1:26:02our actual reality is rooted in love and that the world of form,
- 1:26:07the if we get trapped there, then it becomes a constant
- 1:26:13comparison machine. And that can be the roots of a
- 1:26:19lot of the suffering. You know, Swamiji Parthasarathy,
- 1:26:22he said he tells this story about one of the wealthiest
- 1:26:25people in India, and he's on his yacht.
- 1:26:28And this is a ridiculous shot. I mean, it's just, yeah, I mean,
- 1:26:32some of the wealth in India, like for the wealthiest, it's
- 1:26:35unbelievably wealthy. And he's on the shot and and
- 1:26:39he's showing it to Swamiji Parthasarathy.
- 1:26:41And he's like, look at this shot, it's so amazing, etcetera.
- 1:26:44And Swamiji's like, yeah, you know, you, you should be very
- 1:26:47happy, you know, you've, you've, you've achieved this shot, you
- 1:26:50know, and the guy says, you see that one over there?
- 1:26:54It's like 1 twice as big. He says that's next.
- 1:27:00He can't even be happy on. The up that he's on.
- 1:27:04So that's that's the problem with being trapped in the world
- 1:27:07of form is there's no end to the amount of accumulation right
- 1:27:12there. And the only happiness is found
- 1:27:14inside. And to love humanity, you
- 1:27:18actually have to start with loving yourself.
- 1:27:21I love love what you just said. I think to me you have to love
- 1:27:30yourself and get to know yourself.
- 1:27:36You then have to find your purpose and work and diligently
- 1:27:45work against all odds against that purpose and and and balance
- 1:27:54wins and losses and continue to move forward without this
- 1:28:03attachment to success, but enjoying the process and being
- 1:28:09in consumed by the process. And then some of the things
- 1:28:14which I've learned through my upbringing is that if you are
- 1:28:24able to figure out who you are and you are able to come go
- 1:28:28deeper in to you, your soul, to me, it's very clear that we are
- 1:28:38all one soul and connected. Yeah, I've been an atheist of
- 1:28:45sorts, but I hugely believe that God is within you.
- 1:28:51So it's not a deity or something to to go and do a prayer to a
- 1:29:03physical object. But but it's if we are all
- 1:29:07together and it's all one consciousness.
- 1:29:11That's the reason when you and I are talking about some universal
- 1:29:14truths, like where is it coming from?
- 1:29:17This is why I believe in God actually.
- 1:29:20But I am. I'm not professing to know what
- 1:29:25God is. I do want to be clear of that.
- 1:29:28Like the personification of God, I think is what turns people off
- 1:29:34of the word. You know, the, the Dao De Ching,
- 1:29:38they call it the Dao. You know, in quantum physics,
- 1:29:45you know, they start to call it the field.
- 1:29:48Like, you know, Doctor Joe Dispenza, he writes great books.
- 1:29:51He has amazing workshops. You know, his his book, which is
- 1:29:57breaking the Habit of Becoming yourself, was introduced to me
- 1:30:00by John Mackey, you know, founder of Whole Foods.
- 1:30:03And he said this is a very divine read.
- 1:30:05Like this is a very wise individual.
- 1:30:08And throughout the book, you know, the book actually starts
- 1:30:12out with the quantum you and it starts out with quantum physics.
- 1:30:15It's a great distillation actually of quantum physics.
- 1:30:18Trust me, I've dove into quantum physics and up to know what.
- 1:30:20We're talking about. And, and it's a, it's a
- 1:30:26phenomenal distillation. And he essentially calls
- 1:30:31whatever it is God, he calls it the great intelligence of the
- 1:30:36quantum field. And whatever it is, it's, it's
- 1:30:42rooted in love. And I don't know what it is.
- 1:30:45I mean, in, in Judaism, we have to be so humble in God that we
- 1:30:54don't know what God is like. We can't profess to understand
- 1:30:58the nature of the power that can create a universe.
- 1:31:01And one of the things that any materialist has to grapple with
- 1:31:06is they have to grapple with the fact that the universe was
- 1:31:11compressed in this most infinitesimally small point
- 1:31:15possible with no entropy and then.
- 1:31:19Yeah, Bone, it happened, Yeah. Right.
- 1:31:22And, and as far as we know, it's just spreading out constantly.
- 1:31:27The rate of expansion is insane. And if you look at the math,
- 1:31:30it's it's incredible. Like that is mind boggling.
- 1:31:33And as far as we know, it's infinite.
- 1:31:34You know, I mean, I certainly would like to, to when we
- 1:31:39conquer faster lights be trouble, like see if there's a
- 1:31:41border. That would be interesting, you
- 1:31:43know, But as far as we know, it's, it's, it's, it's infinite.
- 1:31:47And you know, it's, it's, it's, it's so incredible this reality
- 1:31:54we're living in, even if someone isn't spiritual, to realize how
- 1:32:02miraculous it is that we're even here at all and that we can do
- 1:32:07something like meditate or do psychedelics and have that
- 1:32:13communion with something. You know, I think that is our
- 1:32:18soul. I think that is God when we can
- 1:32:21get the ego offline. You know, there, there's a, a
- 1:32:27guru in India. This story is like really blew
- 1:32:30my mind. Who he had reached a state of
- 1:32:33enlightenment through meditation to the point where you know,
- 1:32:37some enterprising like psychonauts were like trying to
- 1:32:41entice him to take 600 micrograms of LSD and you know
- 1:32:46the book LSD in the mind of the Universe by Chris Bosh, one of
- 1:32:49the best books. I'm going to read that.
- 1:32:51I've written that, yes. It's so good, chapters 9 through
- 1:32:5411 about the birth of the future human and what what happens, how
- 1:32:58the how we're in this evolutionary process is mind
- 1:33:00blowing. And they give him 600 micrograms
- 1:33:04and he takes it and has no effect because he's already
- 1:33:08there. He's already can go there.
- 1:33:11He doesn't need it at all, which is amazing.
- 1:33:15I think the thing what just fascinating to me is, and you
- 1:33:18and I have discussed about this thing a lot is that I think like
- 1:33:21as as in, in living in a material world, I think like we
- 1:33:25create all these things, which basically starts creating these
- 1:33:31like layers on top of our soul and it starts covering and and
- 1:33:36suddenly you find that there is like a huge amount of distance
- 1:33:39between your thoughts and your soul, right?
- 1:33:41That's I think because it's just we've created this boundaries
- 1:33:45and stuff and and, and the process of 1st and, and some
- 1:33:51people do it through psychedelics or some people who
- 1:33:54meditate the process of getting rid of all the stuff so that you
- 1:34:00can talk. Yes.
- 1:34:01And then my upbringing kind of just tells me like, Hey, if that
- 1:34:06is the truth and if we are all connected through the spar and
- 1:34:14the spar of soul collective, one's soul is cumulative and
- 1:34:18it's and that knowledge is getting accumulated.
- 1:34:22And you and I have talked about reaching in these kind of
- 1:34:25states. The answer is not like, hey, I
- 1:34:29want one more house, right? The answer is love over fear,
- 1:34:36right? Like the answer is like, hey,
- 1:34:38like let's manifest and connect with people at a deeper level.
- 1:34:42It's just hard in a capitalistic system sometime because we get
- 1:34:46consumed on different things, but that is a system.
- 1:34:50Of our making. And it's a system of our making,
- 1:34:52too. Yeah, and, and two things can be
- 1:34:55true at the same time. The system of our making has led
- 1:34:58to a massive alleviation of poverty, a massive alleviation
- 1:35:02of starvation. I mean John Mackey gives a full
- 1:35:05throated defense of capitalism. If you ever get a chance to see
- 1:35:10him give a presentation at the conscious capitalism summit,
- 1:35:13which is now grown into a worldwide event like people
- 1:35:15flying from all over the world for this into Austin.
- 1:35:19It is, it's, it's a wonder to behold because he, this lays out
- 1:35:23the data and he compares it to other forms like socialism,
- 1:35:27etcetera, and just lays the data.
- 1:35:28Just the data tells the story. And at the same time, when you
- 1:35:35can, when you can just focus it a little bit more on something
- 1:35:40that's not extractive and think a little bit differently about
- 1:35:45it, rooted a little bit more in love, you know, treat the team
- 1:35:51members that work with you with love.
- 1:35:53You know, one of the things John told me one time that stuck with
- 1:35:57me for a long time, and I really practice this a lot, is he said
- 1:36:04every single employee at Whole Foods, when I sit down with
- 1:36:09them, I'm, I put in my head that I am sitting in front of the
- 1:36:15most enlightened person and they have something to teach me and
- 1:36:20it just changes my. Curiosity.
- 1:36:22Yeah. No, I think.
- 1:36:24I think the thing what I was you and I are saying same thing, I
- 1:36:27think. Then when, when.
- 1:36:29When you, that is a lot of good things about capitalism, but the
- 1:36:35extractive nature of capitalism has also negative externalities.
- 1:36:41And, but the power of capitalism, of forward motion is
- 1:36:45very, very powerful, right? And, and then if you go into
- 1:36:50this, you and I believe on this fundamental truth that if we all
- 1:36:57go deeper into whether we call it God or, or a soul or a
- 1:37:01collective one soul, that the answer is, is, is manifesting
- 1:37:07love. So to me, like people like us
- 1:37:10who are capitalists and we've been beneficiary of the system,
- 1:37:13how do we merge these two concepts together to use the
- 1:37:18power of capitalism and and build a world which are kids and
- 1:37:27their kids would be proud of that they'll inherit.
- 1:37:32That's a responsibility. That's it.
- 1:37:34I mean, that's that's you just laid out the thesis for why I'm
- 1:37:38writing Love Conquers Fear with the subtitle You know, Humanity,
- 1:37:42AI and age of abundance for all. And by all, I really mean for
- 1:37:45all. It has to start with this deep
- 1:37:47love for all of humanity, for the divinity, the soul, the
- 1:37:51oneness, the connectivity between all of us.
- 1:37:55And it's just clear to me, you know, what's what's in your
- 1:38:00heart. And it's it's just a real honor
- 1:38:04to know you. I mean, really is like this is
- 1:38:07the beginning of many, many more conversations.
- 1:38:10You know, we we've had many conversations out here and many
- 1:38:13conversations before. But I just want to say thank you
- 1:38:18so much. And, and I know that people
- 1:38:20watching this are going to be inspired because, yeah, a lot of
- 1:38:24people, they have in their mind, like, what is AVC?
- 1:38:29And sometimes they have negative connotations, sometimes they
- 1:38:32have positive connotations. But you really are the
- 1:38:37manifestation, in my opinion, of what venture capital should be,
- 1:38:43which is just like any capitalism, it should be rooted
- 1:38:48in love. And wow, what an honor.
- 1:38:52What an honor. I am just like, I'm so excited
- 1:38:56that we are building this kind of deep relationship an are on
- 1:39:01this amazing journey together. An I wish my son will be hearing
- 1:39:07all your kind words about VCs because he keeps appointing to
- 1:39:11me. He's an entrepreneur and he
- 1:39:14keeps appointing to be like, you know, what do you guys do?
- 1:39:18But but hopefully he's going to listen this and he'll he'll go
- 1:39:21till the end to listen it. He just reminded me of the most
- 1:39:26humbling thing Deborah and I have ever done is have children.
- 1:39:29So it's just like anytime, anytime you want to get humbled,
- 1:39:33have children. Have children you'll.
- 1:39:35Get humbled very quickly but but I really look forward to
- 1:39:39spending time with her son and it's very cool that he's, you
- 1:39:44know, gotten in AY combinator is doing this business now and you
- 1:39:48know, my children are right behind him.
- 1:39:50You know they're younger, but it's I know that will be there
- 1:39:55to trade notes when the time comes, so.
- 1:39:58Yeah. No, this is again.
- 1:40:00Thank you. Thank you, brother.
- 1:40:01Yeah, this is this is amazing. Thanks.
- 1:40:04So thanks everybody for tuning in to Love Conquers Fear.
- 1:40:08Oh my gosh. Amazing, amazing lineup coming
- 1:40:11up. You know, I said in the last
- 1:40:14episode, podcast is about to hit the road.
- 1:40:17We're going to New York City as well as to San Francisco, but
- 1:40:24Mark Gober manifested a guest, you know, he was on episode #2
- 1:40:29And as I said, a lot of new friends coming into my life.
- 1:40:33So actually, the next episode you'll watch is with a really
- 1:40:38incredible spiritual teacher. So that's going to be a lot of
- 1:40:40fun. So I'm doing that, and then I'm
- 1:40:43hitting the road the day after. So the next episodes were
- 1:40:47largely be from New York City and San Francisco.
- 1:40:52Thanks again, everybody. And I just want to also thank
- 1:40:55you for all the heartfelt comments I'm getting on the
- 1:40:58podcast. It really means a lot to me.
- 1:41:01I've got a lot of new friends coming in my life.
- 1:41:03But one of the things that's incredible is I'm getting lots
- 1:41:08of text messages, messages via LinkedIn, emails.
- 1:41:13And it's clear that this is having an impact.
- 1:41:16And this is just the beginning. There's going to be many, many,
- 1:41:19many episodes, dozens and dozens more to come.
- 1:41:23I'm having a blast and trying to do what I can to create an
- 1:41:28impact so that humanity makes it.
- 1:41:31And I appreciate you being on this journey with me.
- 1:41:33If you're enjoying this, share it with a friend.
- 1:41:36You know, share it out there on LinkedIn.
- 1:41:38I'm not making any money on this.
- 1:41:40I'm just spending my own money on this.
- 1:41:43There's no advertising, and I would appreciate your help in
- 1:41:46amplifying it. Thanks a lot.