Two days earlier than Christmas, Founders Fund normal spouse Keith Rabois boarded a flight to Park Town, Utah, to have dinner with Vinod Khosla, the founding father of undertaking capital company Khosla Ventures and an early backer of OpenAI. Via the tip of the night, the pair had agreed that Rabois would sign up for Khosla Ventures as a managing director, its maximum senior place, this month. He’ll go away his put up at a rival VC company, Founders Fund, the place he led offers in bank card startup Ramp and the e-commerce corporate Faire.
The rent represents a coup for Khosla Ventures, which not too long ago raised $3.1 billion in new finances and is sitting on important paper positive factors from its OpenAI wager, whilst stripping Founders Fund, some other top-tier company, of one in all its best-known dealmakers.
