Rabois: Lost two-thirds of missed deals to the same competitors
Keith Rabois · Keith Rabois on Rejoining Khosla Ventures | E1102 · 20VC with Harry Stebbings · Jan 12, 2024 · at 29:39
Keith Rabois, partner at Khosla Ventures, reflects on his 11-year track record as a venture capitalist while discussing competitive dynamics in early-stage tech investing.
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“In about 11 years doing this, I think there's somewhere between five or six or so term sheets I've extended where I didn't close them, like I lost to somebody, and the reality is that four of the sticks, or two thirds of them, are the same, are to the same people.”
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