David O. Sacks

David Sacks
Sacks in 2011
Born
David Oliver Sacks

(1972-05-25) May 25, 1972 (age 52)
Cape Town, South Africa
Education
OccupationTech entrepreneur / investor
EmployerCraft Ventures
Known forFormer CEO of Zenefits, former COO of PayPal and CEO of Yammer
Spouse
Jacqueline Tortorice
​
​
(m. 2007)​
Children3

David Oliver Sacks (born May 25, 1972)[1] is a South African-American[2] entrepreneur, author, and investor in internet technology firms. He is a general partner of Craft Ventures, a venture capital fund he co-founded in late 2017. Additionally, he is a co-host of the All In podcast, alongside Chamath Palihapitiya, Jason Calacanis and David Friedberg.[3] Previously, Sacks was the COO and product leader of PayPal,[1][4] and founder and CEO of Yammer.[5][6] In 2016, he became interim CEO of Zenefits for ten months.[7] In 2017, Sacks co-founded Craft Ventures,[8] an early-stage venture fund. His angel investments include Facebook, Uber, SpaceX, Palantir Technologies, and Airbnb.[9][10][11]

  1. ^ a b Thomas, Owen (June 25, 2012). "Meet The Yammer CEO Who Just Made Hundreds Of Millions Of Dollars Selling To Microsoft". Business Insider. Retrieved June 2, 2020.
  2. ^ @DavidSacks (April 20, 2024). "I became a U.S. citizen in 1982" (Tweet) – via Twitter.
  3. ^ "ALL-IN with Chamath, Jason, Sacks & Friedberg". allinpodcast.co.
  4. ^ "eBay to Acquire PayPal-- Shared Mission Will Expand Platforms and Benefit Consumers". eBay (Press release). July 8, 2002. Archived from the original on November 21, 2017. Retrieved December 8, 2017.
  5. ^ Bryant, Adam (July 16, 2011). "Fostering a Culture of Dissent". The New York Times. Retrieved June 2, 2020.
  6. ^ "With $1.2 Billion Yammer Buy, Microsoft's Social Enterprise Strategy Takes Shape". TechCrunch. June 25, 2012. Retrieved December 8, 2017.
  7. ^ Manjoo, Farhad (October 12, 2016). "Zenefits, a Rocket That Fell to Earth, Tries to Launch Again". The New York Times. Retrieved December 8, 2017.
  8. ^ "David Sacks teams with Bill Lee to raise $350 million VC fund". Axios. January 4, 2018. Retrieved June 2, 2020.
  9. ^ Rao, Leena (November 8, 2011). "Max Levchin, Keith Rabois And David Sacks Back The Uber For Carwashes, Cherry". TechCrunch. Retrieved December 8, 2017.
  10. ^ Bort, Julie (July 6, 2016). "Why one of the most successful people in tech took the No. 2 job at a startup". Business Insider. Retrieved December 8, 2017.
  11. ^ Griffith, Erin (June 5, 2014). "Meet the Uber Rich". Fortune. Retrieved December 8, 2017.