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Khosla Ventures Opens First NY Office

TechCrunch Venture •
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Keith Rabois has spent most of his 13-year career in venture capital associated with Khosla Ventures’ longtime home in Menlo Park, California. But that’s changing. Speaking Thursday night at Tech Crunch’s Strictly VC event in New York’s West Village, Rabois confirmed that Khosla Ventures is opening its first-ever office outside Sand Hill Road. The new outpost will be in New York, on 14th Street, and is expected to open this fall.

The move is notable partly because of how unusual it is for Khosla Ventures specifically. “We don’t even have an SF office, so this is a very big step for us,” said Rabois. The office will house a handful of Khosla investors, Rabois among them, but its more unusual feature is what he called an “executive briefing center.” That will be a space where the firm will bring 10 or 12 portfolio companies at a time to meet with a Fortune 500 company, four days a week.

The announcement comes months after Rabois himself relocated to the East Coast, moving to be closer to his husband, Jacob Helberg, the Under Secretary of State for Economic Growth, Energy, and the Environment, and their children, who are currently based in Washington, D.C.

That move prompted an obvious question from this editor, which is whether he thinks New York has the density of talent that he has spent his career recruiting from in the Bay Area. He paused, then said it depends on seniority.