![]() ![]() Prior to joining the Fund, Ollen was CFO of The Motley Fool Holdings, Inc. University of Baltimore alum Ollen Douglass is a Managing Partner at Motley Fool Ventures. ![]() Ollen Douglass, Managing Partner – Motley Fool Ventures The firm’s limited partners include Foot Locker Inc, Goldman Sachs, Bank of America, and the University of Michigan.īlack Male Venture Capitalists 3. MaC offers a hands-on approach, providing operations strategy, brand building, and recruiting support to entrepreneurs within its portfolio. MaC Venture Capital recognizes not only its capacity to invest in Black and Brown founders but the importance of powering “companies that are closing the opportunity gap for large groups of people and create more diversity across a wide range of verticals,” said Nichols, managing general partner. “We look for ambitious founders who want to build billion-dollar category leaders,” said Adrian Fenty, who is also a managing general partner at MaC. Having raised $110m in its inaugural seed-stage fund, MaC intends to invest in 40 seed-stage companies across the world. Founder of Cross Culture Ventures and previously Investment Director at Intel Capital he has turned his expert hand to MaC Venture Capital. Marlon Nichols is a seasoned venture capitalist. Marlon Nichols, General Managing Partner – MaC Venture Capital The firm has committed to a diversity pledge, investing 1% of its profits to support organizations fighting for inclusion and racial equality.Ģ. “We like to invest outside of Silicon Valley,” says Ajao, “Base10 invests globally with portfolio companies in the US, Europe, Latin America and Africa.” Roughly 60% of the firm’s investments are in companies led by women or minority founders. The fund is the first Black-led VC firm to manage over $ 1 billion in assets. With a track record as a successful serial VC-backed entrepreneur, Ade co-founded Base10 in 2018 with TJ Nahigan. in Economics from Icade University in Spain and studied for a certificate in Machine Learning at Stanford. Ajao studied in Spain before embarking on an MBA at Stanford. Adeyemi Ajao, Managing Partner – Base10īorn to a Spanish mother and Nigerian father, Adeyemi Ajao, spent his formative years in Nigeria and Italy before his family moved to Spain when he was nine years old. ![]()
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