Khosla Ventures launches inaugural New York office on 14th Street this autumn
Khosla Ventures is opening its first office outside its long-time Menlo Park home on Sand Hill Road, with a new outpost planned for 14th Street in New York this autumn. The announcement, confirmed by veteran investor Keith Rabois at TechCrunch's StrictlyVC event in New York, marks a notable shift for a firm that has never even had a San Francisco base, and reflects the growing pull of New York as a hub for venture capital and tech talent.
Beyond housing a small group of Khosla investors, including Rabois himself, the office will feature an "executive briefing centre" where 10 to 12 portfolio companies at a time will meet Fortune 500 firms four days a week to secure pilots and customers. The move follows Rabois's own relocation to the East Coast to be closer to his husband, Jacob Helberg, and their children in Washington, D.C. Rabois also discussed New York's talent pool, saying it excels at junior hires but still lags the Bay Area for senior engineers and executives, partly due to long commutes for those living outside the city.
- Khosla Ventures to open first-ever office outside Sand Hill Road, in New York.
- New 14th Street office opens this autumn, confirmed by Keith Rabois.
- Office will include an "executive briefing centre" linking startups with Fortune 500 firms.
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Khosla Ventures is a venture capital firm best known for backing early-stage technology companies, run from its longstanding base in Menlo Park, at the heart of California's Silicon Valley. It has always operated from that single Sand Hill Road location, without even a satellite office in nearby San Francisco, making it something of an outlier among major investment firms.
The story centres on the firm's decision to open its first-ever office outside California, in New York, as part of a wider trend of venture capital and technology firms establishing a bigger presence on the East Coast. Keith Rabois, a well-known investor at the firm, announced the plan and is closely associated with the move, having recently relocated himself to be nearer his family in Washington, D.C.
The development matters because it signals how New York's standing as a centre for finance, talent and business connections is increasingly rivalling the Bay Area's traditional dominance in the technology and investment world, even as questions remain about how the two cities compare when it comes to attracting experienced engineers and executives.
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Originally published by TechCrunch as “Khosla Ventures is opening a New York office this fall — its first outpost outside Sand Hill Road”.