Rabois: Founders Fund partners operated like independent PMs without collective debate
Keith Rabois · Keith Rabois on Rejoining Khosla Ventures | E1102 · 20VC with Harry Stebbings · Jan 12, 2024 · at 6:13
Keith Rabois, Managing Director at Khosla Ventures who recently spent five years at Founders Fund, contrasts the investment process and partner meeting dynamics between the two venture firms.
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“Founders Fund, especially when I joined, was very much people running their own investment strategies. Think of it as like a PM running their own investment strategies, and there's a way of syncing and getting a certain number of critical mass and votes to support an investment at different thresholds of dollar figures, but it really wasn't designed for the most part for that kind of Analytical rigor”
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