Keith Rabois
Description
Keith Rabois is a highly influential venture capitalist and entrepreneur, currently serving as a General Partner at Founders Fund, a position he assumed in 2018. Prior to joining Founders Fund, he was a partner at Khosla Ventures from 2013 to 2018. Rabois is a distinguished member of the "PayPal Mafia," having held pivotal executive roles at several iconic technology companies, including PayPal, LinkedIn, Slide, and Square. His entrepreneurial spirit is also evident in his co-founding of Opendoor, a real estate technology platform. Known for his move to Miami, Rabois is a vocal advocate for decentralization and building outside traditional tech hubs.
Rabois's investment philosophy is characterized by a keen eye for disruptive technologies and a willingness to back contrarian ideas. He seeks out ambitious founders who are building foundational companies that can redefine industries. His portfolio reflects a strong interest in sectors such as fintech, enterprise software, marketplaces, and artificial intelligence. Notable investments attributed to his involvement include companies like Palantir, Affirm, Stripe, and Ramp, showcasing his consistent ability to identify and support future market leaders. He is particularly known for his hands-on approach, often providing strategic guidance to his portfolio companies.
As a General Partner at Founders Fund, Rabois plays a crucial role in the firm's investment decisions, which span all stages from seed to growth. Founders Fund is renowned for its flexibility and willingness to make substantial early-stage commitments. While initial investments can start from as low as $1 million for promising seed-stage ventures, the fund, under Rabois's influence, frequently leads Series A or B rounds with checks often extending up to $50 million. This broad range allows him to support companies from their nascent stages through significant growth phases, aligning with his long-standing track record of backing transformative enterprises.
Investor Profile
Keith Rabois has backed more than 62 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 8% of its total and boasts 40 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Angel rounds (top funding stages).
- Majority of deals are located in United States.
- Strong thematic focus on Software, Mobile, E-Commerce.
- Typical check size: $1M – $50M.
Stage Focus
- Seed (52%)
- Series A (16%)
- Angel (15%)
- Series Unknown (3%)
- Debt Financing (3%)
- Series B (3%)
- Convertible Note (2%)
- Undisclosed (2%)
- Series C (2%)
- Series F (2%)
Country Focus
- United States (98%)
Industry Focus
- Software
- Mobile
- E-commerce
- Apps
- Social Media
- Health Care
- Internet
- Financial Services
- Fintech
- Information Technology
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.