Funding is offered via the Berkeley SkyDeck Fund, supported by major global VC investors. Half of the carry profits will be donated by the fund management company to SkyDeck and UC Berkeley. (This doesn’t hurt investor or founder interests in any way!)
So when you choose to launch a startup through SkyDeck, you will tangibly be helping support UC Berkeley, and the next generation of Berkeley founders.
Startups accepted into Berkeley SkyDeck can receive funding from the Berkeley SkyDeck Fund in one of two ways:
Sometimes startups ask us “should I take the $100k investment in exchange for 5% of equity? What if I can raise $100k for better terms elsewhere?”
At SkyDeck we believe that 5% equity in exchange for $100k and 6 months of prime workspace, hands-on mentoring, and access to the massive resources of UC Berkeley is the best deal you can find!