Mobile payments startup Square is announcing that Vinod Khosla is joining its Board of Directors. Khosla's Khosla Ventures is an early investor in Square. He will be replacing Gideon Yu, who left Khosla Ventures to join the professional football team San Francisco 49ers as Chief Strategy Officer In 2009, Khosla Ventures, which is currently in the process of raising money for a new fund, led Square?s initial venture round queuing up the company for its launch, and participated in Square?s Series B round in January 2011.
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