Basic Capital is rethinking the 401(k)!
Instead of a one-size-fits-all retirement plan, they’ve built a modern benefit designed to give employees more investing power — including access to what they call the Retirement Mortgage.
On stage, Abdul & Anjan walked us through how Basic Capital is helping companies increase participation, contribution rates, and long-term projected retirement balances - all while aligning incentives around real wealth creation.
This is the kind of structural rethink we love spotlighting at Shortlist - bold, thoughtful, and designed to meaningfully improve people’s financial futures.
If you were in the room, you felt it.
If you weren’t, this video gives a glimpse.
(FYI: They’re hiring 🫡)
Part two of the lineup is here.
Revealing the second half of founders joining us on stage at our January Founder Showcase — NYC builders moving fast and building with intention.
This completes a lineup we’re incredibly excited about.
Hosted with our friends at @betaworks
Full lineup now live 👀
The wait’s over 👀
Meet the founders stepping on stage at our Jan 27 Founders Showcase — a tightly curated lineup of NYC builders shaping what’s next.
Six companies.
Seed to Series B.
Hiring right now.
Hosted with our friends at @betaworks
See you next week 🤭
😂 Scrolling through my Facebook feed like a pro, and BAM—my face pops up in a Basic Capital ad! Guess I’m the poster child for multiplying 401(k) power by 5x now! 😄📈 #BasicCapital #FacebookFail #AdSurprise #401kGoals #ScrollAndLaugh @basiccapitalapp@getbasiccapital
“Manifesto” (30 second cutdown)
Director: @jacobkrupnick Agency: @wildcombo
Client: @getbasiccapital Color: @alexia_films
Edit, Sound Design/Mix: 🦋
See my project musings and full crew credits in my full-length video post.
Abdul Al-Asaad reflects on the lessons he learned at Goldman Sachs about the true power of credit: he highlights the striking contrast between how consumers borrow money to spend and how the wealthy use debt strategically to buy income-generating assets.
In the Just Go Grind podcast, the co-founder of Basic Capital unpacks why understanding this difference can change the way you approach money and wealth-building.
Most people know what it takes to invest: financial literacy, access, and capital. But it’s that last one that often holds them back.
Abdul Al-Assad, co-founder of Basic Capital, wanted to level the playing field. By tackling the capital gap head-on, he’s helping more people take that first step toward investing, without waiting years to start.
When Abdul Al-Asaad-Assad realized he couldn’t even afford a single share of Tesla to invest in, it became clear that it takes money to make money.
Building wealth isn’t just about opportunity, it’s about access. That's what led him to start Basic Capital, a platform designed to make investing more attainable.
In the latest Just Go Grind podcast episode, Abdul shares the story behind the spark and the mission driving his work today.