Adeyemi Ajao, the co-founder and managing director of Base10 Partners, was surprised to hear his firm’s $137 million fund was the largest debut to date for a black-led venture capital firm.
He and his co-founder — managing director TJ Nahigian — found out from none other than their fund’s own limited partners, who told them they should seek out institutions looking to invest in diverse fund managers.
View More Base10’s debut fund is the largest-ever for a Black-led VC firm