#648 A Conversation with Keith Rabois on Everything

Pomp Podcast

Podcast Notes Key Takeaways For Keith Rabois to invest in you, your business needs to have a > 1% chance to change the worldFounders Fund launchedOpenStore to create a wealth-generation opportunity around starting/growing your own businessAlmost no businesses on Shopify are venture backable or debt-financeableOpenStore will buy your Shopify business, giving you the opportunity for liquidation and access to life-changing money, which incentivizes continuous business creationMiami has the potential to be the next Silicon ValleyThe blending of technology and culture seems to be much more natural, and it is a more accepting and innovative environment“We are in a very confrontational state with China and the biggest risk is to be in denial of the fact that China has an agenda that is unfriendly to the future of democracy” – Keith RaboisAmerica has lost so much trust as a result of Afghanistan that Pomp believes it would be very hard to convince this generation of people to go fight in a warWe need an official ‘partisan-ation’ of the mediaDisclosing bias > eliminating bias

Read the full notes @ podcastnotes.org

Keith Rabois is a General Partner at Founders Fund and is one of the most respected minds in Silicon Valley. Keith is also a co-founder and CEO of OpenStore. He previously was part of the PayPal mafia, served as the COO of Square, and co-founded real estate company OpenDoor. Keith also has invested in many industry defining businesses including Yelp, Linkedin, and hundreds of others.

In this conversation, we discuss building tech companies, great hiring questions, identifying the best founders, Miami, Afghanistan, China, OpenStore, Square, Founders Fund, and the state of the media.

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