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.