Keith Rabois Returns to Khosla Ventures
Rabois to Serve as Managing Director, Plans to Establish Miami Office
Overview
- Keith Rabois, a high-profile venture capitalist, is returning to Khosla Ventures after nearly five years at Founders Fund. The move reunites Rabois with Khosla Ventures’ founder Vinod Khosla.
- Discussions for Rabois to rejoin Khosla Ventures began as recently as last month. Rabois will serve as one of five managing directors in $3.1 billion in new capital that Khosla Ventures recently closed across three funds.
- While at Founders Fund, Rabois made investments including fintech unicorn Ramp, industrial staffing startup Traba and small business-focused banking, bookkeeping and tax platform Found; he also cofounded online merchant acquirer OpenStore.
- Rabois established a Founders Fund office in Miami, where he moved during the pandemic in 2020. He plans to do the same for Khosla Ventures, while returning to its Bay Area headquarters monthly.
- Rabois will continue to represent Founders Fund on several boards after the move, including Ramp, Found and German online brokerage Trade Republic.