Dub, a social investing app founded by 23-year-old Harvard drop-out Steven Wang, allows users to follow and copy the trades of top investors, hedge funds, and even politicians. The platform, which blends social media influence with retail investing, has quickly gained traction, surpassing 800,000 downloads and raising $17 million in funding. Unlike Robinhood, Dub charges a subscription fee and takes a cut of management fees from high-performing portfolios, while also emphasizing investor education with risk metrics and portfolio stability scores. Despite its rapid growth, concerns remain about the platform’s long-term viability, regulatory scrutiny, and the debate over whether stock picking can outperform passive investing. Wang, however, argues that hedge funds like Citadel prove active management can generate strong, consistent returns, making Dub’s approach a viable alternative for retail investors. Continue here.
