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.?
Before working for Square, Rabois was a vice president of Slide. He also worked at PayPal and LinkedIn. After being accused of misconduct at Square, he wrote a personal blog post about how he had a physical relationship with the man before working at Square. He said that he was not involved in managing the employee while working at Square. He left the company to avoid distracting the company with legal problems.
?I couldn?t be more excited to see two of the top entrepreneurs I know join forces at Khosla Ventures to support and coach the next generation of entrepreneurs the world over,? stated Square founder Jack Dorsey. Rabois is currently on the board of directors at Xoom and Yelp. Rabois will be a senior member of Khosla Ventures.
Any bold, ambitious entrepreneurs around?
— Keith Rabois (@rabois) February 26, 2013