Base10
Base10 Partners, founded in 2017, has the distinction as the first Black-led venture capital firm
to surpass $1 billion in assets under management. Founded by Adeyemi Ajao and TJ Nahigian,
the firm invests in founders of technology companies who “solve the problems of the 99%.”
Ajao is an operator by background and was the co-founder and CEO of Tuenti, the “Spanish
Facebook”, which was acquired by Telefonica in 2010 for $100 million. He was also a founding
investor of Cabify, the “Uber of Latin America,” currently valued at over $1 billion. Nahigian was
the founder of Jobr, a mobile-first job marketplace acquired by Monster in 2016. Prior to Jobr,
Nahigian was an investor at Coatue Management where he led investments in HotelTonight,
Snap, Lyft, and Wish. The firm is distinguished by its investment performance and institutional
following across multiple vintages and strategies. Through its program, the Advancement
Initiative, Base10 donates a portion of firm profits to underfunded colleges and universities
to support financial aid and other key initiatives.