Basement
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Basement was a Y Combinator Winter 2019 startup that pitched itself as 'the social network for your close friends.' Founded by Fernando Rojo and Jeremy Berman, it was designed for college students and graduates to share with only their closest circle: users were limited to 20 friends, and the feed had no filters or influencers. Posts could be shared with tagged mutual friends, comments from non-friends appeared anonymously, and the founders planned a subscription model - free for the first year, paid after - with no ads.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Founded and Y Combinator W19
Fernando Rojo and Jeremy Berman founded Basement in New York City and launched it at Y Combinator's Winter 2019 demo day as a 20-friend social network for close friends. Y Combinator now lists the company as inactive, and Rojo went on to found Solito (later acquired by Vercel).
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.