Categories: News

Adeyemi Ajao, the Nigerian Born Mark Zuckerberg of Spain

 

Nigerian born Adeyemi Ajao been described as the Mark Zuckerberg of Spain. He is regarded as the first African ever to sell his startup for $100 million on August 4, 2010, when Telefonica took controls of 85% of Ajao’s Tuenti, an invitation-only private social network site for students and young people in Spain. Tuenti popularly called “Spanish Facebook” was started by Adeyemi Ajao at 22 and four of his friends. Tuenti has over 14 million users and is the largest Invite-Only network in the world.

Tuenti, which in Spanish comes from "tu enti[dad]" meaning your identity, sounds like Twenty in English. It is rated as one of the fastest growing social network sites. Tuenti features many tools common to social-networking sites. It allows users to set up a profile, upload photos, link videos and connect with friends; recently a chat application has been added. Many other utilities, such as the ability to create events, are also offered. Unlike similar social network sites which feature banner advertisements, Tuenti has opted out of these traditional forms of "noisy" and obstructive advertising.

Zaryn Dentzel, one of its founders and current CEO, stated that they intend to focus on Spanish users more before possibly expanding to other countries.

Adeyemi Ajao was born in southern Spain to a Nigerian father and a Spanish mother. He was in Nigeria for only six years, spent two years in Italy and then moved to Spain when he was nine, growing up in the small beach town called Marbella.

Adeyemi earned a Masters in Finance from Emory, a J.D. from ICADE in Madrid, and an MBA from Stanford, and graduated at the top of his class at each university. He was elected one of the “Top 100 Spaniards of the Year” in 2009, and was invited by the U.S. Congress to the Presidential Inauguration of Barack Obama as a representative of the Spanish Commission for Accomplishments in Entrepreneurship.

Adeyemi’s father was one of the first mechanical engineers in Nigeria, who started a steel company in Nigeria. He saw his father fought hard to put his company together, but unfortunately didn’t make it in Nigeria, and left for Italy.

Ajao the Co-Founder/CEO of Identified has also launched other successful innovations such as Cabify, an application for hiring of vehicles with driver via mobile under the slogan "Move with style." Cabify requests high-end vehicles with professional drivers using technology, to bring consumers the luxury. You can ask about one of your cars from any device, be it a mobile phone, a computer or tablet. The user receives a notification with information about the designated driver, model and license plate number. On the screen of your device, you can see how the vehicle looks and can even contact the driver if needed.

Click for a Sramana's interview with Adeyemi Ajao.

Michael Chima Ekenyerongozi

Recent Posts

Pacers star Tyrese Haliburton says his little brother was racially abused while watching him play

Pacers star Tyrese Haliburton has said that his little brother was subjected to racial abuse,…

16 hours ago

This is how Reggie Bush got his Heisman Trophy back after 14 years

Reggie Bush has regained his place as the 2005 Heisman Trophy winner after over a…

17 hours ago

Nick Cannon says he is a lupus warrior as he undergoes blood treatment after decade of battle with condition

Since 2012, actor Nick Cannon has openly shared his struggle with lupus to support others…

18 hours ago

Here’s how much NFL draft’s No. 1 pick Caleb Williams will earn

Former USC superstar Caleb Williams has been drafted by the Chicago Bears as the No.…

18 hours ago

Stephen A. Smith on the money mistake he made that got him fired from ESPN

Stephen A. Smith is an ESPN analyst. People widely regard him as the face of…

19 hours ago

‘Hip-hop’s best basketball player’ Lil Durk is giving HBCU students a chance to win $333K in scholarships

Lil Durk is an American rapper and one of the most influential voices in the…

19 hours ago

Kevin Hart’s Gran Coramino Tequila donates over $1 million to small Black and Latinx businesses

In 2022, Kevin Hart added a new title to his impressive resume: a tequila entrepreneur.…

22 hours ago

‘Nothing was handed out to me’: Swerve Strickland on becoming the first Black AEW World Champion

AEW's latest pay-per-view, Dynasty 2024 on Sunday night saw Swerve Strickland defeat Samoa Joe to…

23 hours ago

Opal Lee: 97-year-old ‘Grandmother of Juneteenth’ to receive 8th honorary doctorate

Renowned civil rights activist Opal Lee, known as the "Grandmother of Juneteenth," will be awarded…

1 day ago

Gun violence: Mississippi mother’s two sons fatally shot in the space of a month

Violet Horne lost her two sons to gun violence within the space of a month.…

1 day ago

Ohio police released K-9 on man after mistakenly believing he was driving stolen car

An Ohio man said a K-9 bit him seven times after he was pulled over…

1 day ago

Namibia: Outrage after tourists are spotted posing naked at Big Daddy dune

Three male foreign tourists who were spotted posing naked in a popular dune in Namibia…

1 day ago

Will.i.am partners with media veterans to acquire Uproxx, HipHopDX and more to form new studio

Will.i.am is partnering with other prominent figures to revolutionize the digital media scene by forming…

2 days ago

Meet Eritrea’s Sabelle Beraki who built a thriving toy business out of frustration

Sabelle Beraki's childhood was inundated with the lack of representation when it came to a…

2 days ago

How an entrepreneur used LinkedIn to raise $13.8 million

Benjamin Harvey is the founder of AI Squared, a third-party software company that helps organizations…

2 days ago