Last week, the California Labor Commission found that a San Francisco-based Uber driver should have been legally classified as an employee, and not a contract worker, by the company. The ruling could be a very big deal for Uber and many other on-demand companies that argue they’re an appealing alternative to people who want to work […]
Keith Rabois
Opendoor Raises $20M for Its Audacious Home-Buying Business
Opendoor, a year-old, San Francisco-based company, is on a mission to make residential real estate liquid by making it simple to buy and sell it online. Investors are buying what it’s selling. This morning, the company is announcing $20 million in fresh funding led by GGV Capital, a round that brings the company’s total outside […]
Keith Rabois on the Tricky Business of Multi-Stage Investing
Last week, at a StrictlyVC event in San Francisco, investor-writer Semil Shah interviewed Keith Rabois of the Sand Hill Road firm Khosla Ventures. There, he asked Rabois how Khosla manages its multi-stage approach, and whether Rabois anticipates that more firms will raise different-stage funds to capitalize on today’s go-go market. Rabois — who speaks at […]
Keith Rabois to Startups: Go Public Already
Last week, at a StrictlyVC event San Francisco, investor-writer Semil Shah interviewed Keith Rabois of Khosla Ventures in a wide-ranging chat. Among the issues raised was why companies are staying private longer, and whether founders, investors and the institutions that finance venture capitalists should be concerned. Rabois – a former lawyer who’d earlier served as […]