Was Wealthsimple wrong to bet on crypto?
The Big Story
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What's the Story Behind Wealth Simple?
wealth simple was founded back in 20, 13, 24, ten by a very young ontrepiner named michael catchen who grew up in torono. The idea was to bring young people into the world of investing in kind of a safe way. It's not totally different from the kinds of start ups you see in the us. That then became big companies, like robin hood. And so as a result of this kind of competition, wealth simples growth lay really fast and they just got bigger and bigger. So that change started to happen before the quentemic really happened but it accelerated in the years before we get into the ethics and strategy of its business model. Yea
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