Keith Rabois Posts

Airbnb closes $500 million in funding with $10 billion valuation

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According to TechCrunch, Airbnb, has closed on a $500 million round of funding led by private equity firm TPG with a $10 billion valuation. Airbnb is a fast growing website that lets users rent out their properties to make some extra cash and allow travelers to save some money. Airbnb has raised a total of $826 million. It is believed that Allen & Co. helped put together this round for Airbnb.

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Piazza receives $8 million in funding

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Piazza is a social learning company that has received $8 million in funding led by Khosla Ventures. Bessemer Venture Partners also participated in this round. Khosla general partner Keith Rabois is joining the Piazza board of directors. This round of funding will be used for R&D and marketing.
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GAIN Fitness Raises $2.1 Million

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GAIN Fitness is a service that lets you access personalized fitness routines through their website and mobile apps.  Initially, GAIN Fitness raised $1 million in seed funding from investors like Keith Rabois, Ben Ling, and InterWest Partners.  GAIN Fitness hit 1 million downloads and has raised $2.1 million in a new round of funding led by InterWest with participation from existing investors.
[Source: TechCrunch]

Propeller Raises $1.25 Million From Several Investors

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Propeller is a service that lets you create your own native applications.  The company has raised $1.25 million from Andreessen Horowitz, ffAngel, Menlo Ventures, Foundation Capital, Max Levchin, Keith Rabois, Ashton Kutcher, Scott Banister, Lee Linden, Jason Portnoy, Rothenberg Ventures, and Alfred Mandel.
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Legal Research Startup Company Judicata Raises $5.8 Million

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Judicata is a legal research company that has raised $5.8 million in a Series A-2 round of funding led by Khosla Ventures.  Peter Thiel participated in this round also.  Former Square COO Keith Rabois is joining Judicata on their board of directors.  Founded by Itai Gurari, Blake Masters, and Adam Hahn, Judicata raised $2 million from Rabois, Peter Thiel, Aaron Levie, Dylan Smith, David Lee, and SV Angel five months ago.
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HealthTap Raises $24 Million In Funding

HealthTap is a company that connects doctors with patients through an Interactive Health Network and mobile apps.  HealthTap has raised $24 million in Series B funding led by Khosla Ventures with participation from existing investors Mayfield Fund and Mohr Davidow Ventures.

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Former Square COO Keith Rabois Is Now A Venture Capitalist At Khosla Ventures

Keith Rabois is the former chief operating officer at Square that left the company after sexual misconduct claims.  Now Rabois is going to be a venture capitalist at Khosla Ventures.  “I love Khosla Ventures’ vision and passion for assisting the next generation of entrepreneurs,” stated Rabois in a statement. “The Khosla team encourages entrepreneurs to be bold. And the team’s legendary work ethic ensures that entrepreneurs will receive the best possible assistance.”
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Square Is Paying For Keith Rabois Sexual Harassment Lawsuit

Keith Rabois is the former chief operating officer of Square that stepped down amidst a sexual harassment scandal.  Rabois had denied the accusations and said that the offer by the employee’s lawyer to settle for millions “felt like a shakedown.”  The name of the employee that is suing him, but we do know that he ended up getting a job at Square with the help of Rabois’ recommendation.

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