Basic Capital

The 401(k) hasn't changed much since 1979. Meanwhile, everything else has. At Basic Capital, we've built the world's most flexible 401(k) designed for modern teams.

What a week! @Abude_al_asaad spoke at Pensions & Investments DC East and the Milken-EBRI Retirement Symposium. He brought a simple message with him: Be of service. To plan sponsors, to participants and to an industry that handles over ~$10T of hard earned savings

We're reaching capacity but still have a few spots left to hear from @vaneck_us 's @matthew_sigel about the outlook for digital assets and how to think about investing in crypto for the long term. RSVP on Luma!

IRL event tomorrow! Basic Capital has +6,000 ETF and fund options, including crypto, for your 401 (k). why does your 401(k) only offer a fraction of that? forward this to your HR or Finance team and join us for an IRL event in NYC featuring @matthew_sigel and @abude_al_asaad. yes, there will be free merch!

are you really 401(k)maxxing if crypto is not an option? forward this to your HR or finance team and join us for an IRL event in NYC featuring @matthew_sigel and @abude_al_asaad

We're sitting down next week with @matthew_sigel from @vaneck_us to talk about the state of digital asset markets, long-term investing in crypto and how these investment options are coming to retirement plans. RSVP below!

If your employee retirement platform still feels like Windows 95…it might be time for an upgrade. Modern 401k infrastructure. ETFs. Crypto access. Join us for an IRL event with @getbasiccapital in NYC featuring @Matthew_Sigel. Share this with your HR or Finance team! luma.com/7v0rhsre

Trillions of dollars flow through ancient pipes. We're upgrading the retirement investing infrastructure. You can read about it here on our new engineering blog

The barrier to buying a home is a larger downpayment. The nice thing about buying a home is the none-mark to market leverage. Why not give young people none mark to market leverage to buy SPY which the downpayment can be as little as $20

This is incredible! There are very few negative externalities when stock prices go up When house prices go up, the most important human need (shelter) gets more expensive for everyone If people store wealth in stocks, not houses, everyone wins! S/o @getbasiccapital

@EddieFinanceGuy @NWischoff @rhobusiness @Orrick 🙏hit us up @NWischoff

@NWischoff @rhobusiness @Orrick 401k check out @getbasiccapital

Optimal venture firm tech stack (after trying a lot of providers): -Bank: Stifel (fund)/ @rhobusiness (portcos) -Fund Admin: Standish (hated AngelList for this) -Management Co Accounting: Standish -Legal: @Orrick -Taxes: Moss Adams now Baker Tilly (funds)/ personal (@fifteenth_tax) -CRM: Streak (Hated Affinity and Attio) -SPVs: @AngelList -Platform for Portcos: @NotionHQ -Sourcing: @clay mostly for some outbound -Brand/logo: @elanmiller -Website design/pitch decks: @alexbanaga/ EatCaviar dot co (raised three funds with him) -Payroll: @joinwarp -401k: Still hate every option but @humaninteresthq sucks the least

This was fun.

Are you building something in SoHo? Come by Manjul on Howard Street to meet with other NYC start-ups and hang with the Basic Capital and @get_tabs team before you start your day. RSVP below!

Cordelia is a backend engineer who previously led the data engineering team at August Schools, a documentation and alerting system for school healthcare professionals. She is a New York City native. She will be helping build out our internal tooling and refining our data infrastructure.

Originally hailing from Halifax, Daniel is joining us after 5 years in the Bay Area. He is a software engineer who built scalable HIL test infrastructure at Square and Amazon Lab126. When he’s not heads-down here, he enjoys board games and West-coast swing dancing.

We're looking for the elite to build something great 👇

Catch-up contributions now have to go first to Roth accounts for high-earners. But you can still do backdoor Roth? But watch out for the pro-rata rule. Also, are you married? Do they have a workplace retirement plan? Ask yourself, who benefits from this complexity?