Kingscrowd Podcast

From America's Crowdfunding History to AI Wealth Management

Episode Notes

This week on the Kingscrowd Podcast, Brian Belley is joined by Teddy Lyons and Léa Bouhelier-Gautreau for a July 4th episode that starts with a look back at one of America’s earliest crowdfunding stories: the Statue of Liberty pedestal campaign. Brian also walks through Kingscrowd’s upgraded market intelligence page, including new ways to analyze equity, debt, revenue share, Reg A, platform market share, and monthly private market trends.

Then Teddy leads a deal review of Lumida Wealth, an SEC-registered investment advisor building toward an AI-native wealth management platform. The team discusses Lumida’s existing advisor-led business, its AI investing app, the long-term vision for autonomous financial planning, and the core diligence question: if AI becomes standard across fintech, what will actually separate Lumida from incumbents like Robinhood, Schwab, Betterment, and others?

Highlights include...

• The Statue of Liberty pedestal is a strong historical example of crowd-powered fundraising.
• Kingscrowd’s upgraded market data page now covers more of the online private markets, including debt, revenue share, and Reg A.
• Lumida Wealth combines a traditional advisory business with a longer-term AI wealth management vision.
• Lumida’s app currently focuses on insights and analysis, not trade execution or autonomous management.
• Léa’s key concern is whether the valuation is justified by the current business and future AI upside.
• Teddy sees the opportunity but flags competition from major fintech incumbents.
• Brian frames AI as increasingly necessary, but not automatically a durable differentiator.