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Keith Rabois Biography

Keith Rabois is an American technology entrepreneur, executive and investor. 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' board of directors. He is considered a member of the PayPal Mafia, a group that includes PayPal co-founders Peter Thiel, Max Levchin and Elon Musk.

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Keith Rabois Quotes

The team you build is the company you build.

Build, Company, Team

Some people can't learn to play the guitar by reading a book. You have to actually try to manage a bit and you won't do well at first.

Book, Guitar, Manage, People, Play, Reading

The next thing you do is allocate resources.

Allocate, Next, Resources, Thing

I think you must have your own office. I don't believe ever in shared office spaces.

Believe, Office Space, Shared, Spaces, Think, Thinking

Being a venture capitalist to me is like being more of a psychologist. So if you come to my office we have two chairs with a table in the middle. And we sit down and it's like, Tell me your problems.

Office, Psychologist, Tell, Two, Venture, Venture Capitalists

The key metric of whether you've succeeded is what fraction of your employees use that dashboard everyday.

Dashboards, Employees, Everyday, Key, Keys, Succeeded

You generally know when someone asks you to do something- am I more writing, or am I more editing? The editor is the best metaphor for your job.

Asks, Editing, Editor, Job, Jobs, Writing

The job of an editor is to ensure a consistent voice.

Editors, Ensure, Job, Jobs, Voice

Create tools that enable people to make decisions at the same level, ideally, of fidelity that that you would make them yourself.

Create, Decision, Decisions, People, Tools

Basically this is what you want - a high performance machine that idiots can run.

Basically, High, Machine, Machines, Running, Want

Every good startup is a cult. And it's really hard to create a cult if you are sharing space with people. Because a cult means you think you are better than every other startup, you have a special way of doing things that's better than anyone else in the world.

Mean, Space, Special, Think, Thinking

Don't accept the excuse of complexity. A lot of people will tell you, this is too challenging, this is too complicated, yeah well I know other people simplify but that's not for me, this is a complicated business. They're wrong. You can change the world in 140 characters.

Challenges, Character, Characters, People, Simplify, Tell

The companies I have traditionally seen do best over the long term had lead investors for their seed rounds

Company, Investors, Long, Seen, Term

You are not going to do most of the work. You shouldn't be doing most of the work. . . and the way you get out of doing most of the work, is you delegate.

Delegate, Delegates, Way, Work

The key to culture is it's a framework for making decisions. And if it's baked into your culture, people learn how to make decisions across that culture without you ever saying anything. You never have to really do anything except watch and promote and move people around.

Culture, Except, Keys, Make, Moving, People

The office environment that people live in and work in, dictates your culture and how people make decisions.

Culture, Decision, Office, People, Work

Usually when you hire more engineers, you actually don't get that much more done, you actually sometimes get less done.

Actually, Done, Engineers, Sometimes, Usually

The agenda should be crafted by the employee who reports to the manager not the manager.

Agenda, Agendas, Employee, Manager, Should

Your goal over time is to use less red ink every day.

Goal, Ink, Time, Use

Build a company that idiots could run because eventually they will.

Build, Company, Eventually, Idiot, Running

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