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Podcast: Wharton FinTech Podcast
Episode: Commonstock CEO David McDonough - Empowering Everyday Investors and Building An Investing Community
Description: “If Robinhood exists to democratize markets, Commonstock exists to democratize information.”
Ryan Zauk sits down with Commonstock Founder & CEO David Mcdonough to learn how Commonstock is creating a community that amplifies insights from top investors, backed by the performance and portfolio of their linked brokerage accounts.
Community members can link their existing brokerage accounts and share their real-time portfolio, performance, and trades (by percent only - $ amount is never shared), while sharing detailed investment theses, industry takedowns, and more.
The idea has attracted investors such as Social Capital, Floodgate, and WFT favorite Frank Rotman of QED. The community has exploded over...