Keith Rabois joins Founders Fund amid transition at the firm
Longtime investor Keith Rabois is joining Founders Fund as a general partner, the firm let us know today. According to Founders Fund, Rabois will invest across sectors and stages, like all members of its investment team. The move is wholly unsurprising in ways, though the timing seems to suggest that another big fund from Founders Fund is around the corner, as the firm is also bringing aboard a new principal at the same time -- Delian Asparouhov -- and firms tend to bulk up as they're meeting with investors.