When he's not starring on Love is Blind, Berkeley Haas' Sikiru 'SK' Alagbada likes to invest in startups. Here's what he looks for.
reviews applications that come in for the accelerator. He also works to secure partnerships and funding from outside LPs, or limited partners, who will put up capital for the accelerator, and other sponsors. Through LAUNCH, current UC students, alumni, or faculty that haven't raised more than $1 million in dilutive funding can apply for funding.
Alagbada prioritizes founder-market fit, Africa-based startups, and diversity when choosing where to invest He looks for startups that have a clear"founder-market fit," whether it's in terms of technical expertise or a strong network, Alagbada told Insider. That means that it should be clear why that founder would be building a startup in a certain sector, and that they could easily convince an investor that they are the right person to lead their company. His background in data engineering can be an advantage for him in evaluating this.
When it comes to his personal investing, Alagbada prioritizes startups based in Africa."Now that I'm in a position where I'm able to do more for the ecosystem, I've made it a point for me to help connect African startups to Silicon Valley capital," he said.
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