Hi, I'm Dan Premack and welcome to Axios Recap, sponsored by Amazon. Today is Wednesday, March 3rd.

President Biden moved up the date of widespread vaccine availability. Google is taking down cookies,

and we're focused on the democratization of Wall Street.

The biggest business story so far of 2021 has been GameStop, with one House hearing

in the books and a Senate one on the horizon.

But the reason this has resonated so loudly isn't so much because people care about the stock

of a video game retailer or even Reddit message boards or the decision of a trading app. Instead, it's about how

all of those threads are woven into a deeper narrative about the democratization of investing.

Remember, it wasn't too long ago when folks were wringing their hands about how millennials,

in particular, weren't investing much in stocks, arguably due to some PTSD from the 2008 financial crisis.

Now, though, we're hearing an opposite concern that too many young people are investing in

stocks, or perhaps that too many are investing in stocks without fully appreciating the risks,

you know, that what goes up usually goes down, at least for a little bit.

So today we want to discuss this issue of stock market democratization with Lauren Simmons,

who at 22 years old became the youngest ever woman trader on the New York Stock Exchange

and who's now hosting a web series called Going Public,

which aims to help educate investors while following

five startup companies trying to IPO. That conversation in 15 seconds.

We're joined now by Lauren Simmons, host of Going Public and the youngest ever woman trader

on the New York Stock Exchange.

Lauren, over the past couple months, there has been a lot of talk about stock market democratization

from the GameStop Robin Hood saga. What has the last month, do you think, told all of us

...