Keith Rabois

Keith Rabois (born 17 March 1969) is an American technology executive and investor.

He is currently a general partner at Founders Fund.

Rabois was an early-stage startup investor, and executive, at PayPal, LinkedIn, Slide, and Square.

Rabois invested in Yelp and the Xoom Corporation prior to each company's initial public offering (IPO).

For both investments he insisted on being a board of directors member.

Rabois is considered a member of the PayPal Mafia.

Additionally, Rabois has been involved in investments in YouTube, Palantir Technologies, Lyft, Airbnb, Eventbrite, wish.com, and theorg.com.

Rabois was born on March 17, 1969, and raised in Edison, New Jersey.

While at Stanford, he became acquainted with Peter Thiel, then-editor and co-founder of The Stanford Review.

Rabois later contributed to the libertarian newspaper.

Rabois was one of several students reprimanded for shouting homophobic slurs outside an instructor's home, including the suggestion that the instructor "die of AIDS."

Rabois stated that the incident was designed to challenge Stanford's rules on student speech.

Thiel later defended Rabois in his book, The Diversity Myth: Multiculturalism and Political Intolerance on Campus.

He clerked for the United States Court of Appeals for the Fifth Circuit and worked at Sullivan & Cromwell.

Rabois served as Executive Vice President, Business Development, Public Affairs, and Policy at PayPal from November 2000 to November 2002.

Between January 2005 and May 2007, Rabois worked at LinkedIn as its vice president for Business and Corporate Development.

LinkedIn was founded by Reid Hoffman, also a former employee at PayPal and a member of the PayPal Mafia.

After some unsuccessful ventures, in 2010, Rabois joined Square, a company that provides an electronic payment service, as its Chief Operating Officer (COO).

Rabois left Square in January 2013 due to the threat of a lawsuit over sexual harassment accusations by an employee; Rabois claims that the relationship was consensual.

A spokesperson from Square said in a statement that "Keith exercised poor judgment that ultimately undermined his ability to remain an effective leader at Square."

In March 2013, Rabois joined venture capital firm Khosla Ventures.

In April 2013, a lobbying group called FWD.us was launched, with Rabois listed as one of a major contributor on the group's website.

In April 2014 Rabois co-founded Opendoor, a home buying and selling marketplace.

In January 2015, Rabois joined the board of directors of Scribd as an observer after Khosla Ventures led a new investment round in the company.

Rabois returned to Khosla Ventures in January 2024 as one of five managing directors.

In November 2015 Rabois purchased a house in Glen Park.

He planned a renovation that included a new penthouse level, a basketball court, lockers and a sauna, but received pushback from six of his neighbors.

In March 2018 Rabois invested in the Alliance of American Football, along with Peter Thiel and Peter Chernin.

He sat on the league's board of directors.

In 2018 Rabois married Jacob Helberg.

The ceremony held in Saint Barthélemy was officiated by Sam Altman.

Rabois left in 2019.

In 2019 Rabois left Khosla Ventures and joined Founders Fund as a general partner.

In 2021 while at Founders Fund Rabois co-founded Miami-based OpenStore, a retail-holding startup that acquire brands in the Shopify ecosystem.

It raised $75 million at a $750 million valuation.

Rabois left Founders Fund in January 2024 but continues to represent it on the boards of Ramp, Found, and Trade Republic.

In 2019 Rabois also stated that Pete Buttigieg was his top choice for the Democratic ticket.

In 2023 Rabois praised the Parental Rights in Education Act law in Florida.

In January 2020, Rabois stated that he would rather vote for Donald Trump than Bernie Sanders.

In November 2020 it was reported that he moved from California to Miami, Florida.