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C.E.O.s are tripping

This is the Spritzler Report. This pan is drugs. This is the Spritzler Report on drugs. Any questions?



PS. Do you have any idea how "high" I need to be to write the report. You think that's easy at 6am every morning? I barely have time to brush my teeth!


C.E.O.s are tripping

By Emma Goldberg, NY Times

Dec 12, 2024


I cover business culture.


Psychedelic drugs have come a long way. They once belonged to the counterculture (“tune in, drop out”). Now they are finding a home in the C-suite.


LSD, magic mushrooms and some other psychedelic drugs have been federally prohibited since the early 1970s. But people are taking them widely: Researchers at the RAND Corporation estimated that eight million adults in the U.S. used psilocybin (the main psychedelic substance in magic mushrooms) in 2023.


Today, a growing number of business leaders are using psychedelics, according to executives, coaches and researchers I interviewed. We don’t have data on how often they trip, but many executives believe that the drugs can infuse their work with some coveted missing ingredient — calm, vulnerability, imagination. They sometimes take psychedelics on fancy retreats, where they lie blindfolded on mattresses while therapists guide them. I spoke to several of these executives for a story The Times published today.


Corporate leaders are often stressed out, fed up, creatively blocked or emotionally worn. For many in that group, two changes have made psychedelics more appealing. In today’s newsletter, I’ll explain.


The creativity push

Corporate culture has been loosening for decades.


Sterile, gray cubicle farms turned into bustling open floor plans. Technology companies added game rooms and ball pits to make their offices zany and colorful — places where workers could anchor not just their professional but also their social lives. Business leaders exhorted employees to exhibit imaginative thinking. (Sam Franklin, a historian, says this came out of a Cold War-era effort to distinguish freewheeling American companies from their rigid Soviet counterparts.)


There’s a reason that people see psychedelic drugs as a way to boost creativity. The drugs increase the amount of information moving around in the brain, according to Robin Carhart-Harris, a neuroscientist at the University of California, San Francisco. While the brain usually tries to compress information, psychedelics create chaos and disorganization. That’s enticing to people looking for out-of-the-box ideas.


Murray Rodgers guides executives through their trips. Todd Korol for The New York Times

Guides who lead psychedelic retreats also say that the drugs evoke deep waves of emotion. Some executives I interviewed revisited childhood memories during their mushroom trips. Some of them wept. And one briefly thought he had died.


That kind of emotional openness and disclosure is now routine in the corporate world. Best-selling management guides like Brené Brown’s “Dare to Lead” focus on emotional intelligence. One C.E.O. went viral on LinkedIn for a selfie that showed him crying after he laid off two employees. Executives tell employees to “bring your whole self to work,” a slogan spread in a popular TED Talk and self-help book.


The wellness boom

Business leaders have also become more candid about wellness at work.


Many have deemed mental health not just an appropriate office conversation, but a necessary one. The pandemic sent anxiety skyrocketing and prompted business leaders to make sure their employees felt comfortable discussing stress. Firms spend tens of thousands on therapy apps, meditation classes and stress management workshops. Some offer quarterly or annual mental health days.


As business leaders encourage employees to talk forthrightly about mental health, some are becoming more open about their own struggles — and the unorthodox tools they’re using. Elon Musk posted on X last year about his use of ketamine, a drug that can have hallucinogenic effects: “I have a prescription for when my brain chemistry sometimes goes super negative.”


Most scientists agree, though, that more research is needed on the possible side effects of psychedelics. There is risk when taking any unregulated drug, especially unsupervised.


A big shift

Big names in business (Apple’s Steve Jobs, OpenAI’s Sam Altman) have credited a psychedelic trip with creative insights. Now business leaders tell their colleagues that psychedelics are the reason they’ve become more calm and empathetic in the office.


Take Mark Williamson, the former chief operating officer of MasterClass, who began using psychedelics with a therapist in 2020 when his company was growing quickly. The experiences prompted him to mentor more young colleagues after one of them appeared in a vision during a drug trip.


A former Airbnb executive, Chip Conley, said he had seen friends in the business world use psychedelics to manage their egos and to find a deeper professional purpose — but he worries about corporate figures getting carried away. “There’s a cultural cachet in some communities that suggests that if you’re into psychedelics, you’re cool and open-minded,” Conley said.


Still, researchers are eager to learn whether psychedelics can have a measurable effect on business performance. Leaders get “stuck” in conventional approaches to decision making, said Rachelle Sampson, a business professor who is running a study at the University of Maryland. Perhaps, she wonders, psilocybin can break them of it.

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