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How Abdul Al-Asaad of Basic Capital is Building a New 401(k) (Just Go Grind, Episode #363)

May 15, 2025

Episode 363: Justin Gordon interviews Abdul Al-Assad, co-founder and CEO of Basic Capital, about how he created the startup solution to finance investments and close the American ownership gap. 

Check out Basic Capital.

Watch this episode and others on YouTube.

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This episode is brought to you by Rho. With Rho, founders get:

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Show Notes:

00:00 What’s coming in the episode…
00:48 Introduction
02:18 Basic Capital’s origin
06:51 Abdul’s background
09:41 Hustling for Basic Capital and raising from billionaire Bill Ackman
16:55 The solution to a vicious cycle
24:00 Early days of Basic Capital
30:19 Raising capital
36:11 The logic behind Basic Capital
40:25 The vision for Basic Capital
43:34 Get involved in Basic Capital

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What Justin is working on: