|Born||March 17, 1969|
Edison, New Jersey, U.S.
|Alma mater||Stanford University (BA)|
Harvard University (JD)
|Occupation||Entrepreneur, Investor, Lawyer|
|Known for||PayPal, LinkedIn, Square, Opendoor, Yelp, Xoom, YouTube, Yammer, Palantir, Lyft, AirBnB, Eventbrite and Quora.|
Keith Rabois (born March 17, 1969) is an American technology executive and investor. He is currently a general partner at Founders Fund. He is widely known for his early-stage startup investments and his executive roles at PayPal, LinkedIn, Slide, and Square. Rabois invested in Yelp and Xoom prior to each company's initial public offering ("IPO") and sits on both companies' boards of directors. He is considered a member of the PayPal Mafia, a group that includes PayPal co-founders Peter Thiel, Reid Hoffman, Elon Musk, and PayPal employee and YouTube co-founder Jawed Karim.
Early life and education
Rabois was born on March 17, 1969 and raised in Edison, New Jersey. Rabois studied political science as an undergraduate at Stanford University, receiving his B.A. in 1991 and a J.D. from Harvard Law School in 1994. While at Stanford, he became acquainted with Peter Thiel, then-editor and co-founder of The Stanford Review. Rabois later contributed to the libertarian newspaper. Rabois was one of several students reprimanded for shouting homophobic slurs outside an instructor's home, including the suggestion that the instructor "die of AIDS." Rabois stated that the incident was designed to challenge Stanford's rules on student speech. Thiel later defended Rabois in his book, The Diversity Myth: Multiculturalism and Political Intolerance on Campus.
He clerked for the United States Court of Appeals for the Fifth Circuit and worked at Sullivan & Cromwell.
Between January 2005 and May 2007, Rabois worked at LinkedIn as its vice president for Business and Corporate Development. LinkedIn was founded by Reid Hoffman, also a former employee at PayPal and a member of the PayPal Mafia.
Sexual harassment charge
Rabois left Square in January, 2013 due to the threat of a lawsuit over sexual harassment accusations by an employee; Rabois claims that the relationship was consensual. A spokesperson from Square said in a statement that "Keith exercised poor judgment that ultimately undermined his ability to remain an effective leader at Square."
Alliance of American Football
In 2021, while at Founders Fund, Rabois co-founded Miami-based OpenStore, a retail-holding startup that acquire brands in the Shopify ecosystem. It raised $75 million at a $750 million valuation.
In April 2013, a lobbying group called FWD.us was launched, with Rabois listed as one of a major contributor on the group's website. In January 2020, Rabois stated that he would rather vote for Donald Trump than Bernie Sanders. In 2019 Rabois also stated that Pete Buttigieg was his top choice for the Democratic ticket.
In November 2015, Rabois purchased a house in Glen Park. He planned a renovation that included a new penthouse level, a basketball court, lockers and a sauna, but received pushback from six of his neighbors.
In November 2020, it was reported that he moved from California to Miami, Florida.
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- Shah, Saqib. "PayPal Mafia's Keith Rabois has acquired 40 Shopify sellers in the past year through his startup OpenStore. He's not slowing down despite the recent problems in the aggregator space". Business Insider. Retrieved 2022-07-18.
- Konrad, Alex. "OpenStore Raises $75 Million To Acquire More Shopify Sellers, Reaches $750 Million Valuation In Eight Months". Forbes. Retrieved 2022-07-18.
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