The double choice of the former Squarecoo: to venture or to invest?

Source: Internet
Author: User
Keywords Choice entrepreneurship COO
Keith Rabois, the chief operating officer of Kess Laposse, the online payment service provider, resigned last month on suspicion of sexual harassment and is now considering whether to accept an invitation from Silicon Valley venture Khosla Ventures. Former square coo Kess Laposse February 25 News, according to foreign media reports, online payment service provider Square's chief operating Officer Kess Laposse (Keith Rabois) resigned last month on suspicion of sexual harassment, Now he is considering whether to accept the invitation of Khosla Ventures, a Silicon Valley venture company. The source said he was inclined to accept the invitation. But that could change. The veteran entrepreneur and investor are also discussing the possibility of joining the company and acting as COO or president with Blaine Chesky, CEO and co-founder of Airbnb, the online rental company. Laposse has held senior positions under a number of well-known entrepreneurs, including Peter Thierre (Peter Thiel) in the PayPal period, slide with Max Lev (Max Levchin), and recently in square with Dorsey (Jack Dorsey). Sources say the Laposse has a 99% chance of accepting a formal investment role. Of course, there is still a 1% chance of not dabbling in investment, especially given the attractiveness of popular startups to veteran entrepreneurs such as Laposse. For years he has been an active angel investor, with a large portfolio and a board of directors at several companies, including a shop-review website Yelp board. The two popular choices were quite different from what Laposse was one months ago, when he was accused of molesting a square employee. Laposse denied the accusations and called the accusations "purely fictitious". However, as a result of serious work impact, Laposse resigned from the company COO position. "At the end of the day, it was very embarrassing for me personally, because when a person's life is open to the public, it always creates a bad situation," Laposse said in a media interview. As we have seen, this will certainly distract and damage the company. ”
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