Khosla Ventures, a venture assistance firm that focuses on
sustainability and technology startups, announced today that Keith
Rabois, a former PayPal, LinkedIn and Slide executive, will join the
firm. Most recently Keith was chief operating officer at Square, a
Khosla Ventures portfolio company, where he oversaw all aspects of
business operations, including marketing, communications, business
development, distribution, human resources and risk management.
While serving in executive roles, he has also developed a distinguished
track record angel investing in technology companies, such as YouTube,
Yammer, Airbnb, LinkedIn (NYSE: LNKD), Quora, Palantir, and Eventbrite.
He will begin his new role at Khosla in March 2013.
“I love Khosla Ventures’ vision and passion for assisting the next
generation of entrepreneurs,” said Keith Rabois. “The Khosla team
encourages entrepreneurs to be bold. And the team's legendary work ethic
ensures that entrepreneurs will receive the best possible assistance."
“We are thrilled to have Keith join us as he has shown himself to be a
great investor, but even more importantly he’s a true advisor. Our
extensive conversations with entrepreneurs repeatedly elicited comments
like, ‘he asks the toughest questions’, ‘he pushes me the most and makes
me think’, ‘he is always there when I need help’, ‘he is the most
valuable among all my board members and advisors’, ‘he can imagine the
future’,” said Vinod Khosla, founding partner of Khosla Ventures. “Our
belief in bringing the best venture assistance to our companies is why
we’re very excited about the newest addition to the Khosla Ventures
team. He truly has earned the right to advise companies.”
Jack Dorsey, the CEO and founder of Square added, “I couldn't be more
excited to see two of the top entrepreneurs I know join forces at Khosla
Ventures to support and coach the next generation of entrepreneurs the
Keith currently holds board roles at Xoom (NASDAQ: XOOM), since June
2003, and Yelp (NYSE: YELP), since September 2005.
About Khosla Ventures
Khosla Ventures offers venture assistance, strategic advice and capital
to entrepreneurs. The firm helps entrepreneurs extend the potential of
their ideas in breakthrough technologies in clean energy, mobile, IT,
cloud, big data, storage, health, food, agriculture and semiconductors.
Vinod Khosla founded the firm in 2004 and was formerly a General Partner
at Kleiner Perkins and co-founder of Sun Microsystems. Khosla Ventures
is based in Menlo Park, Calif. More information is available at http://www.khoslaventures.com.