Base10 Investor Ade Ajao's Outsider Approach Yields Impressive Returns
Ade Ajao, the first Black investor on the Midas List of top venture capitalists, has made a name for himself with his firm Base10 Partners, which focuses on backing meaningful businesses for the majority of the planet. Ajao's unique approach to profit-sharing includes historically overlooked universities in his venture gains, generating hundreds of scholarships on behalf of the companies that take Base10's checks. His most successful bet yet is Nubank, the São Paulo-based digital bank that went public in December 2021 and now sports a market cap of about $30 billion.