The Founder Hour

Keith Rabois | Venture Capitalist and Co-Founder of Opendoor and OpenStore

Jun 11, 2024

Venture Capitalist Keith Rabois shares his journey from law to tech, discussing contrarianism in venture capital and the evolution of Opendoor. He also delves into building a Shopify brand acquisition empire and the qualities venture capitalists look for in founders.

58:23

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Keith Rabois

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Quick takeaways

Keith Rabois emphasizes the importance of fitness and efficient time management in navigating startup challenges.

Keith's childhood passions for sports and reading laid the foundation for his deep affinity for acquiring knowledge and diverse interests.

Transitioning from a legal background to tech startups, Keith showcased resilience and adaptability in the face of market challenges.

Deep dives

Impacting Outdoor Furniture Industry through Innovative Designs and Durable Materials

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Intro

2min

Organizing Day Around Fitness and Passion for Sports

2min

Exploring Reading Habits and Influences from Childhood

2min

From Law to Tech: A Journey of Career Transition and Success

17min

Evolution of Contrarianism in Venture Capital

8min

Evolution and Challenges of Opendoor in the Real Estate Market

5min

Building a Shopify Brand Acquisition Empire

22min

Keith Rabois is a Managing Director at Khosla Ventures and CEO of OpenStore, bringing over 20 years of experience as a founder, operator, and investor. At Khosla Ventures, he led early investments in DoorDash, Affirm, and Stripe, and co-founded Opendoor. Previously, at Founders Fund, he invested in Ramp, Trade Republic, and Aven, and personally invested early in YouTube, Airbnb, Palantir, Lyft, and Eventbrite. In 2023, he ranked #25 on the Forbes U.S. Midas list.

Keith has served on numerous boards, including Yelp, Xoom, and Reddit, and currently serves on the boards of Affirm, Ramp, and Trade Republic. His career began with leadership roles at PayPal, LinkedIn, and Square.

He started as a litigator at Sullivan and Cromwell after clerking for the U.S. Court of Appeals for the Fifth Circuit. Keith holds a bachelor's degree in political science from Stanford University and a juris doctor degree with honors from Harvard University.

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