LaBossiere Podcast #54 - Keith Rabois
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Feb 20, 2025 
Keith Rabois, Managing Partner at Khosla Ventures and CEO of OpenStore, shares insights from his illustrious career in tech investing and startup culture. He discusses the importance of identifying exceptional founders and the competitive landscape of startup investment. Rabois emphasizes strategic hiring for cultural fit and how to create a monopoly on talent. With anecdotes about effective fundraising and the vital role of thorough reference checks, he paints a picture of what it takes to succeed in the fast-paced startup world.
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Founder Bottleneck
- The biggest bottleneck to startup innovation is the scarcity of world-class founders.
- There's an abundance of capital, but a lack of individuals capable of truly disruptive innovation.
Vertical Integration
- Find a large, fragmented industry with low NPS.
- Build a vertically integrated solution to simplify the customer experience and create a lasting competitive advantage.
Hollywood Model of Startups
- Startups are invented, not discovered, forged through willpower and a clear vision.
- Treat startups like movies: envision the improved world, assemble the cast (co-founders), and execute your vision.