Day: October 31, 2025
Brendan SMIALOWSKI / AFP
- Keith Rabois shared advice for young professionals interested in VC on “The Rise” podcast.
- Rabois said young professionals should first create a startup or company to gain experience.
- “I think it’s a bad idea for almost anybody right out of school to want to be a VC,” he said.
Longtime VC Keith Rabois has some advice for young professionals hoping to break into the industry.
“I think they should either join a startup or found a company with almost no exceptions — especially if they’re technical,” Rabois said Thursday on “The Rise” podcast.
“You’d ask the question, like, ‘Why are they interested in venture?’ and usually when I meet people like that, the answers are pretty superficial. Most people don’t even understand what venture really is versus what it looks like on TV,” he added.
Rabois said it’s essential for newcomers to either learn how to build their own companies or watch others do the same.
“First of all, it’ll make you more confident that you’re making the right decision. This is a 20-year job minimum. Secondly, you’ll be better suited to perform the job. And third, you’ll have more credibility, which also helps you perform the job,” Rabois said.
Rabois is a managing director at Khosla Ventures and has served on the boards of several companies, including Reddit and Yelp. He’s also the cofounder and chairman of Opendoor Technologies.
During the podcast interview, Rabois said it’s a “bad idea” for new graduates to want to become venture capitalists right after school.
“Doesn’t mean you can’t be an associate somewhere. You know, spend two years watching and learning, A: Is this right for me? Because you’ll see how the industry really works,” Rabois said. “Then, use the platform and vantage point of seeing 100 or 200 portfolio companies and choose the best company for you to join.”
“Then, if you really enjoy the experience of working a venture and think it’s what you want to do, then doubling or tripling down after you’ve built something is a very good move,” Rabois added. “If you do this right out of school, you know, by the time you’re 30, you’ll be you have maybe two shots at a startup,” Rabois said.
When contacted for comment, Rabois pointed Business Insider toward a blog post written by Founders Fund partner Delian Asparouhov, who previously shared five lessons he learned from Rabois, including on how to become a VC. Asparouhov writes that it boils down to: becoming a junior generalist, gaining experience at a “high-growth” startup, allocating resources with VCs, and learning from the best.
“Fundamentally, in order to get a job in venture, a current VC needs to think you will be a good VC,” Asparouhov wrote. “They need to think you have relevant expertise and they need to think you have great judgment. There are no shortcuts to developing expertise or judgment.”
Sylvain Lefevre/Getty Images; Taylor Hill/Getty Images
- As tech billionaires get wealthier, their superyachts are getting longer and more luxurious.
- In recent years, Mark Zuckerberg and Jeff Bezos have each spent nine figures on their pleasure crafts.
- These are the biggest superyachts owned by tech billionaires.
Size doesn’t always matter, but it absolutely does in the rarefied world of superyachts.
Palaces at sea have long been a status symbol for the masters of the universe, a place to live a life of excess and network, far removed from the prying eyes of ordinary people.
As the rich get richer — the world’s 10 richest people are $500 billion wealthier this year — their boats are getting longer.
The trend illustrates an unofficial yachting rule of thumb: The bigger the boat, the richer the owner. To own a 50-meter vessel, you likely have to be a billionaire. Over 100 meters long? You probably have a few billion to your name.
Over the past two years, three of the wealthiest people on the planet — Jeff Bezos, Mark Zuckerberg, and Sergey Brin — have taken possession of yachts over 100 meters long.
“It’s a bit of a celebration of your success in life, of wealth,” Giovanna Vitelli, the chair of the Azimut Benetti Group, one of the biggest producers of superyachts, told Business Insider.
Decked out with amenities like gyms, spas, pools, movie theaters, and helicopter hangars, these megayachts — broadly defined as over 70 meters long — are custom-built and cost hundreds of millions of dollars.
Over the summers, the superyachts criss-cross the Mediterranean, visiting the islands of Greece and stopping in St. Tropez, before making their way across the Atlantic for New Year’s in the Caribbean. (Mark Zuckerberg’s Launchpad reportedly took a pit stop on its annual migration this year, stopping at a shipyard in southern France for a multi-month tune-up.)
The comings and goings, customizations, and sheer size of superyachts give us insight into how today’s ruling class lives. After all, they’re about the most expensive asset money can buy.
Here are the largest yachts owned by tech billionaires, or at least those we know about.
In an industry governed by discretion, deciphering who owns what is an exercise in stringing together many clues. There are likely yachts that have not been publicly recorded or registered. Evan Spiegel, for example, is rumored to own the 94-meter megayacht Bliss. If you’re lucky, it turns out money can buy privacy.