Rabois was born on March 17, 1969,[citation needed] and raised in Edison, New Jersey.[8] He 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.[9][10] 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.[11] 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.[12][13][14] Thiel later defended Rabois in his book, The Diversity Myth: Multiculturalism and Political Intolerance on Campus.[15]
Rabois was Executive Vice President, Business Development, Public Affairs, and Policy at PayPal from November 2000 to November 2002.[18]
LinkedIn
Between January 2005 and May 2007, Rabois worked at LinkedIn as its vice president for Business and Corporate Development.[18] LinkedIn was founded by Reid Hoffman, also a former employee at PayPal and a member of the PayPal Mafia.
Square
After some unsuccessful ventures, in 2010, Rabois joined Square, a company that provides an electronic payment service, as its Chief Operating Officer (COO).[3][18]
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."[13][19][20][21]
Venture capital
Khosla Ventures
In March 2013, Rabois joined venture capital firm Khosla Ventures. Rabois left in 2019.[22][23] In January 2015, Rabois joined the board of directors of Scribd as an observer after Khosla Ventures led a new investment round in the company.[24] Rabois returned to Khosla Ventures in January 2024 as one of five managing directors.[25]
In 2021 while at Founders Fund Rabois co-founded Miami-based OpenStore, a retail-holding startup that acquire brands in the Shopify ecosystem.[29] It raised $75 million at a $750 million valuation.[30]
Rabois left Founders Fund in January 2024 to rejoin Khosla Ventures, but continues to represent it on the boards of Ramp, Found, and Trade Republic.[25]
Other ventures
Opendoor
In April 2014 Rabois co-founded Opendoor, a home buying and selling marketplace.[31][32][33]
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.[35] In January 2020, Rabois stated that he would rather vote for Donald Trump than Bernie Sanders.[36] In 2019 Rabois also stated that Pete Buttigieg was his top choice for the Democratic ticket.[37][38]
On September 12th, 2024, he and his husband, Jacob Helberg, will host J.D. Vance for a fundraiser benefitting the Donald Trump for President campaign. [41]
Personal life
In November 2015 Rabois purchased a house in the Glen Park neighborhood of San Francisco. 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.[42][43][44][45]