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Keith Rabois: commitment

12 Apr 2026 Lenny's Podcast Hard truths about building in the AI era | Keith Rabois (Khosla Ventures)

“Peter taught me this literally the first week of my job at PayPal, that the way to build a company, we were jogging around the Stanford campuses, you've got to find these undiscovered talent.”

— Keith Rabois

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Speaker
Keith Rabois
Attribution
Verified speaker
Claim type
commitment
Recorded
12 Apr 2026
Publisher
Lenny's Podcast

Transcript context

…So look, there's a, I don't know if it's ego, but it's also just impact. Yep. Well, exactly. Impact, you have talent, you want to use them and you want to feel that you're challenged every day and that what you're doing really, really matters. So I think that can be extremely helpful. My more important arc in this is I think you have to build a company on undiscovered talent. I don't think you really want to compete for the people that everybody else wants. And I learned this at PayPal. Peter taught me this literally the first week of my job at PayPal, that the way to build a company, we were jogging around the Stanford campuses, you've got to find these undiscovered talent. That's the only way to scale an organization against these large encumbers with infinite money, et cetera. And I've been on that crusade for 25 years. For those who are interested, you can link to it. I gave a speech at Ramp, how to hire, the talks in detail. I also recommend Eric, CEO of Ramp's speech, which is fairly similar. Both videos are online. That's such interesting advice and it makes so much sense. You're not going to be able to afford the people that have done the thing at top companies. And also they're just probably not the people to join at early start, right?…

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