Khosla Ventures is opening a New York office this fall — its first outpost outside Sand Hill Road
Venture capital firm Khosla Ventures is expanding beyond its California roots by opening a new office in New York City this fall. The office will feature an executive briefing center designed to connect portfolio companies with Fortune 500 clients.
Why it matters
This move signals a shift in the venture capital landscape, as traditional Silicon Valley firms increasingly seek a physical presence in East Coast financial and talent hubs.
Keith Rabois has spent most of his 13-year career in venture capital associated with Khosla Ventures’ longtime home in Menlo Park, California. But that’s changing. Speaking Thursday night at TechCrunch’s StrictlyVC event in New York’s West Village, Rabois confirmed that Khosla Ventures is opening its first-ever office outside Sand Hill Road. The new outpost will be in New York, on 14th Street, and is expected to open this fall.
“It’s actually allegedly being built out now,” said Rabois, who has clearly dealt with a missed construction timeline or two. “We’ll see. This fall opening date is very vague in my mind.”
The move is notable partly because of how unusual it is for Khosla Ventures specifically. “We don’t even have an SF office, so this is a very big step for us,” said Rabois.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in