Fortune | FORTUNE 5小时前
A 23-year-old CEO convinced his parents to open a custodial account in second grade. He fears meme stocks inflate Gen Z’s dreams of getting rich quick
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23岁的Steven Wang创办了“dub”复制交易平台,旨在解决年轻一代普遍存在的金融知识匮乏问题。尽管许多Gen Z和千禧一代积极投资股票,但仅有少数人对其市场运作机制有深入了解。许多年轻人将投资视为快速致富的途径,但信息来源多为社交媒体上的流行趋势而非扎实的投资知识。dub平台允许用户复制经验丰富的投资者的交易,将专业投资者的策略带给普通大众,并强调透明的交易记录和创作者的监管,以建立信任并提供更稳健的投资体验。

📈 **金融知识鸿沟与投资现状:** 尽管60%的Gen Z和66%的千禧一代在401(k)之外进行股票市场投资,但只有17%的美国人对市场运作机制感到“非常自信”。许多年轻人将投资视为比传统9-to-5职业更快的致富途径,但其投资理念常受社交媒体(如TikTok)上的热门内容影响,而非基于深入的投资知识。

🤝 **复制交易模式的核心:** dub平台的核心是复制交易,允许普通投资者实时复制更成熟市场参与者的交易。用户可以关注经过筛选的交易员、对冲基金专家和其他有经验的投资者,当这些投资者进行交易时,用户的账户也会自动执行相同的交易,从而模仿其策略和结果。

💡 **“dub”的初心与价值主张:** 创始人Steven Wang因自身早年投资经历和观察到许多新投资者因“炒作、错误信息和时机不当”而亏损,决定让专业投资者的工具更易于大众获取。dub旨在融合社交媒体的易用性与专业投资的纪律性,让用户在浏览和复制交易的同时,也能了解交易背后的逻辑,从而在降低投资门槛的同时,促进用户对投资的渐进式理解。

🛡️ **建立信任与合规:** dub平台在上线前与SEC和FINRA合作了两年多,注册为券商和投资顾问,确保用户账户拥有标准的投资者保护。平台上的每一份投资组合都有透明的业绩记录,用户可以看到每位创作者的长期表现,这有助于建立信任,而非仅仅追逐潮流。

⚖️ **区分“FinTok”与负责任投资:** 平台认识到TikTok等社交媒体在传播投资信息方面的有效性,但也警告其缺乏问责制的潜在风险。dub平台强调其与“FinTok”的区别在于拥有受监管、经过审查的专业人士,提供透明的业绩数据和交易逻辑说明,旨在培养稳健的投资习惯,而非复制快速致富的趋势。

When Steven Wang was in second grade, he convinced his parents to open a custodial stock account. Now 23 years old, he’s running “dub,” a copy-trading platform aimed at solving the financial-literacy gap among his peers.

A recent Harris Poll survey commissioned by dub highlights the contradiction: while 60% of Gen Z and 66% of millennials are investing in the stock market outside of their 401(k)s, just 17% of Americans feel “very confident” in their understanding of how markets actually work. Most believe investing, rather than a traditional 9-to-5 career, offers the fastest path to wealth—a dream increasingly shaped by viral TikTok finance videos or meme-stock success stories rather than grounded investment knowledge, Wang told Fortune.

Copy trading, the concept underpinning dub, allows everyday investors to automatically replicate the trades of more skilled market participants in real-time. Instead of picking their own stocks, users can select vetted traders, hedge-fund veterans, and other experienced investors to follow. Whenever those investors make a move, the same trade is executed in the user’s account, mirroring strategies and outcomes. 

“The ultra-wealthy are already betting on smart people to deploy their capital,” Wang told Fortune. “We’re bringing that experience to regular Americans.”

Wang grew up 20 minutes outside Detroit, the child of poor Asian immigrants who both worked in the auto industry. He watched the city’s decline after the Great Financial Crisis and the auto industry’s blows to blue-collar families, an experience that shaped his desire to build a more stable financial future for himself.

A self-described “hustler,” Wang sold Pokémon cards on the playground and flipped Air Jordans in grade school. Growing up, he nerded out on Warren Buffett books and Howard Marks memos, fueled by a self-professed “childish” vision to get rich through stock-market investments.

“I really learned the hard way,” Wang said. “I’m competing against hundreds of thousands of people on Wall Street trading for a living… [who] have decades of investing experience over me.”

By the pandemic, he was day trading from his Harvard dorm room—watching waves of new investors enter the market and lose big to “hype, misinformation, and bad timing.” Wang said that’s when he decided the tools of professional investors should be accessible to everyone.

dub is built to merge the accessibility of social media with the discipline of professional investing, Wang said. Users browse creators’ portfolios, analyze performance metrics, and choose investors to copy, with trades executed automatically in their own accounts. Creators are vetted, regulated, and compensated through royalties when others follow their portfolios—aligning incentives toward consistent performance rather than one-off meme stocks. 

Wang doesn’t avoid the paradox of dub—the company leverages the power of influencers, but also tries to build a layer of trust and accountability, he said.

“Every portfolio on dub has a transparent track record,” Wang said. “You can see exactly how each creator has performed over time. This isn’t about hype or going viral, it’s about verified results.”

Still, the platform operates in a market dominated by what Wang calls “FinTok”—financial influencers on TikTok and Instagram reels whose bite-size videos have become a primary source of investment advice for 62% of Gen Z, according to the Harris Poll survey. Wang understands the appeal: “Creators on TikTok can probably communicate better with my generation than any stodgy financial advisor can.” But he warns that social media’s lack of accountability can be dangerous. 

“If someone’s wrong on social media, they just delete the video and move on,” he said. 

A resurgence in meme stocks—shares pumped by online communities and detached from fundamentals—reflects a generation with both the desire to make money quickly and a reluctance to put in the harder, slower work real investing requires.

Wang insists dub is not about replicating that behavior under another name. The difference, he says, is a platform with regulated, vetted professionals, transparent performance data, and trade rationales written directly in the app. Users get more than a button to copy trades—they also see the thinking behind them. 

“dub’s not a substitute for deeper learning,” Wang admits, but it aims to make the process less intimidating while promoting gradual understanding.

Wang took steps to build trust with users from the moment he conceived of the app, and dub spent over two years working with the SEC and FINRA before launch, registering as a broker-dealer and investment adviser, and ensuring accounts come with standard investor protections, he said.

Wang believes in the markets as “the greatest wealth generator in the world,” but wants his generation to approach them with more even caution than he had as a new investor in the past.

“That’s the gap dub is trying to close,” Wang said. “We’re here to build trust, not trends.”

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dub 复制交易 金融科技 Gen Z投资 金融素养
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