TikTok meets Wall Street: This 23-year-old’s app lets you trade stocks like Nancy Pelosi and Warren Buffett

New York Post - Mar 27th, 2025
Open on New York Post

Dub, a copy-trading platform founded by Steven Wang in 2021, allows users to replicate the trades of influential figures like Warren Buffett and Nancy Pelosi. Targeting Gen Z investors, the app combines social media dynamics with investment strategies, enabling users to follow and mimic successful trades through a subscription model. With over 1 million downloads, Dub attracts younger investors, offering a familiar social media-like interface that promotes financial participation.

The app aims to democratize investing by providing a platform where individual traders can gain followers and share their trading strategies for a fee. This approach challenges traditional finance norms and offers a new ecosystem, encouraging transparency and accessibility in financial markets. Supported by venture firms and high-profile backers, Dub capitalizes on the trend of social investing, promising a reliable alternative to traditional stock-picking by emulating the wealth management strategies of the ultra-wealthy.

Story submitted by Fairstory

RATING

6.4
Moderately Fair
Read with skepticism

The article provides an insightful overview of Dub, a copy-trading platform that merges social media with investing, appealing primarily to younger generations. It effectively highlights the platform's innovative approach and potential impact on the financial industry. However, the story could benefit from a more balanced perspective, including input from independent experts and a critical examination of the risks involved in copy-trading. While the article is timely and engaging, its reliance on the founder's perspective and limited transparency regarding data sources and regulatory compliance slightly undermine its overall reliability. Enhancing the diversity of sources and addressing potential conflicts of interest would strengthen its credibility and impact.

RATING DETAILS

7
Accuracy

The story presents several factual claims that are generally supported by available data, such as the founding of Dub by Steven Wang in 2021 and its unique position as a regulated copy-trading platform in the U.S. However, the claim that Dub is the only regulated platform needs further verification with regulatory bodies like the SEC or FINRA. The user base and download figures are plausible but require confirmation from platform statistics. Additionally, the story's claim about Dub's funding and backers aligns with reports of venture capital involvement, but specific amounts should be verified. The narrative about Gen Z investing trends is supported by external surveys, adding credibility to the story.

6
Balance

The article primarily focuses on the positive aspects of Dub and its founder's vision, potentially leading to a biased portrayal. It highlights the app's growth, innovation, and appeal to Gen Z without addressing potential criticisms or challenges, such as the risks of copy-trading or competition from other platforms. The perspectives of users or financial experts who might offer a critical viewpoint are absent, which could provide a more balanced understanding of Dub's impact on the market.

8
Clarity

The article is well-structured and written in clear, accessible language, making it easy for readers to follow the narrative about Dub and its founder. The story maintains a neutral tone, avoiding overly technical jargon, which enhances comprehension for a general audience. However, the lack of detailed explanations for some claims, such as regulatory compliance, could affect reader understanding of the app's legitimacy and market impact.

5
Source quality

The story heavily relies on statements from Steven Wang, the founder of Dub, which may introduce bias. While his insights are valuable, the article lacks input from independent experts or financial analysts who could corroborate or challenge the claims made. The absence of diverse sources limits the story's reliability and depth, as it does not provide a comprehensive view of the app's market position or regulatory compliance.

6
Transparency

The article provides some context about Dub's origins and goals, but it lacks transparency regarding the methodology used to verify claims about user demographics and financial performance. The mention of regulatory status and download numbers is not accompanied by references to specific data sources or regulatory filings. Additionally, potential conflicts of interest, such as the founder's vested interest in promoting the app, are not explicitly addressed.

Sources

  1. https://apps.apple.com/us/app/dub-copy-trade-anyone/id1598920501
  2. https://ctrlf5.software/blog/dub-the-copy-trading-app-captivating-a-new-generation/
  3. https://play.google.com/store/apps/details?id=com.dubapp.app
  4. https://dubapp.com
  5. https://dubapp.com/faq