Social media changes everything from the news consumption for shopping. Now, the dub thinks that it can do the same for investment through the market market caused by which the user can follow trade on the upper investors with several tape. Think as Tiktok meets with Street Street. Updated 23 year Steven Wang – The Harvard Drop-out that starts investing in two classes with the elderly – Dub Betting the future no one chooses him. The app allows users to follow merchants, hedge funds, even a miraculous politicians. Instead of making individual trade decisions, the Dub user can copy the whole portfolio. The concept has attacked the chord. Dub has exceeded 800,000 downloads and raise $ 17 million funds – with new round seemed at the work. The less clear is what the dub can avoid pitfalls from the beginning of Foretech before. Inspired by retail game investment has developed dramatically over the past twenty years. Today $ 7 Trading Commission and brunky interface collected about the past decade by the first-time platforms like a neglected negotiations. At the same time, social media work how people are, and especially the members of Gen Z, make a financial decision. As a student Harvard during a pandemic – a person who trade the dorm room “because you can’t do anything at school” – money justice, two investments, in collision. Between Gamestop Saga, Elon Musk’s ability “move the dogecoin market and Bitcoin with each new tweet,” Wang decides to drop in 2021 and start dub. Currently, the average platform user is between 30 and 35, the Money says, even the New York Dub found the way in front of the younger audience. In the past few weeks, the age of 15 this year has asked more than once a “investment like Nancy Pelosi” after maraning in a dub on Instagram. Pelosi is not private trading in the Dub; It’s just a merchant on the platforms seeking disclosed motion. Still, the idea has been angry. “Pelosi Nancy is up to 123% in the Dub with the actual capital,” Money says, “and we’ve made customers,” Dub is not free. Wang is determined that the return of the income from the beginning, and the dub do it today through a $ 10-monthly subscription model. Money says that some of the “Top” portfolioios on the Charge Management Fees and Dub take 25% off the cost. In the meantime, the Dub is scaled section through organic growth. “The creator is a good deal in the app with the intercepting to bring audience,” the Wang said, the old man became immigrated from China and growing in Detroit. Dub also invest aggressively in advertising, relaxed to meta ads mainly to obtain users, including on Instagram. “We’re lucky where I think the more bigger populations believe that somebody else has an edge when in the world investment,” Wang said. Credit File: Dub Fighting Word Question Questions Now that Dub will follow the same path as the beginning of Fintech’s fintech is growing, many found in crosshair regulators. Differentized immigration by making free trade, but it can also examine regularly in front IPO 2021, end closing the feature used for users with confetti digital every time making trade. Dub says it is very obsessed to avoid mistakes. The company is more than two years working with Finra and SEC before launched, ensure the model can fulfill financial regulations. “We’re not only navigation in the Dub – we hug,” Wang said. (Like the wheel, dub is a complete sticked seller.) The great distinct, is Dub designed to educate blind speculation. The platform displays the risk score, returns the risk, and the cability of the portfolio stability to help investors make decisions that have been preached, said. They show safer for investors than negotiations. Say money: “I have an honor for what [CEO] Vlad [Tenev] It is done to make a free trade. But at the end of the day, it is easy to trade without education, without educational, it is just just gambling for a broader population. “To express the point, Wang point for Robin decision – along with the coinbase and the more exchanges – to make the customers in front of Donald Trump. When it is the price of a lot. It’s a lot of money. I think of the incentive is just wrong with this big platform now that the company is now goning for money “(tightly with the conversation of Dub, Tenev file TechCrunch for A browser that can be larger for regulators may be in the size of “Magnifying” due to smaller size.) One of the people who sell in the vision of the platform. The critics, is stock. Choosing passive investment in long-term, with a learning the S & P 500 learning long-term – and where she is fast to retreat. To one thing, he argue that many studies “Cherry-who are selected.” ( “I choose many sponsored by passive passive investment companies,” he said. “If you see what Ultra to do, he can give you money for Ken Griffin, [because] He continued to produce a year that I could not be resolved after the past year, if it said in the growth of the hedge fund space and the asset management space, “Keep Money,” there is a reason why it grows. It is because he is looking for money for customers. ”
