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David SacksDavid Sacks

David Sacks

Co-founder and General Partner / Craft Ventures

David Sacks is a prominent technology entrepreneur and investor, known for his roles as co-founder and General Partner at Craft Ventures. He is a member of the "PayPal Mafia," having served as COO and Head of Product at PayPal. Sacks also founded Yammer, which was acquired by Microsoft for $1.2 billion, and has made angel investments in iconic companies like Facebook, Uber, SpaceX, Palantir, and Airbnb. He is also a political commentator and has been appointed as the White House A.I. and Crypto Czar.

J.D., University of Chicago Law School
United States
TwitterTwitter1.4M
LinkedInLinkedIn31.3K
CryptocurrencyEntrepreneurshipVenture Capital
1.4M
Twitter Followers
$1.2B
Yammer Acquisition
$200M+
Crypto Divestment
20+
Years as Founder/Investor
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Work Experience

Craft VenturesCraft Ventures
Craft Ventures

Founder/Partner

2017 - Present
Responsibilities
Craft Ventures is a VC firm dedicated to the craft of building great companies. We focus on SaaS.
Producers Guild of AmericaProducers Guild of America
Producers Guild of America

Producer

2005 - Present
Responsibilities
Produced THANK YOU FOR SMOKING, starring Aaron Eckhart, Robert Duvall, Katie Holmes, and William H. Macy. Nominated for Best Picture at the 2006 Golden Globes. Produced DALI LAND, starring Sir Ben Kingley as Salvador Dali, which premiered at the 2022 Toronto International Film Festival.
Yammer, Inc.Yammer, Inc.
Yammer, Inc.

Founder/CEO

Sep 2008 - Jul 2014
Responsibilities
Yammer, the first Enterprise Social Network, was a pioneer in bottom-up SaaS and workplace collaboration. It was acquired by Microsoft in July 2012 for $1.2 billion.
PayPalPayPal
PayPal

COO / Head of Product

1999 - 2002
Responsibilities
"PayPal Mafia"

Education

Stanford UniversityStanford University
Stanford University

B.A.

1990 - 1994
Field of Study
B.A. - Economics
University of Chicago Law SchoolUniversity of Chicago Law School
University of Chicago Law School

J.D.

1995 - 1998
Field of Study
J.D.

Core Competencies

Venture Capital & Investment

Specializing in early-stage funding and strategic guidance for high-growth B2B startups, focusing heavily on the software and enterprise sectors.

SaaS Leadership

Founder of the first Enterprise Social Network, pioneering the influential 'bottom-up' SaaS distribution and monetization model.

Product Strategy

Deep expertise in leading product development, strategic planning, and engineering teams from initial concept through scale and high-value acquisition.

Mergers & Acquisitions

Experienced in high-profile tech M&A, including leading Yammer to its successful $1.2 billion acquisition by Microsoft in 2012.

Strategic Roles and Affiliations

A summary of David Sacks’ key executive and advisory roles, highlighting his influence across multiple generations of Silicon Valley technology and finance.

Founding & Executive Leadership
Founder & CEO, Yammer ($1.2B Acquisition)COO & Head of Product, PayPalInterim CEO, ZenefitsCo-founder, Craft Ventures
Ecosystem Influence
Member of the 'PayPal Mafia'Pioneer of Bottom-up SaaS ModelInvestor in 20+ Unicorn CompaniesTech Advisor to the White House (AI & Crypto Czar)

Recent Posts

There was major news from China in the AI race this week:
1. Huawei introduced a new AI chip to compThere was major news from China in the AI race this week:
1. Huawei introduced a new AI chip to comp
There was major news from China in the AI race this week: 1. Huawei introduced a new AI chip to comp

There was major news from China in the AI race this week: 1. Huawei introduced a new AI chip to compete with Nvidia. 2. The Chinese government instructed Chinese companies to stop buying certain Nvidi

2025-09-19
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Only President Trump could convene so many tech leaders in one place. We had a constructive conversaOnly President Trump could convene so many tech leaders in one place. We had a constructive conversa
Only President Trump could convene so many tech leaders in one place. We had a constructive conversa

Only President Trump could convene so many tech leaders in one place. We had a constructive conversation about how to grow the economy with new infrastructure spending. This will benefit not only soft

2025-09-06
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“It used to be good. I don’t listen anymore.”“It used to be good. I don’t listen anymore.”
“It used to be good. I don’t listen anymore.”

“It used to be good. I don’t listen anymore.”

2025-09-03
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Instagram PostInstagram Post
Instagram Post

2025-08-23
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When podcasts collide. Thanks TuckerCarlson!When podcasts collide. Thanks TuckerCarlson!
When podcasts collide. Thanks TuckerCarlson!

When podcasts collide. Thanks TuckerCarlson!

2025-08-13
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Today the White House is releasing its comprehensive report on digital assets, providing long-awaiteToday the White House is releasing its comprehensive report on digital assets, providing long-awaite
Today the White House is releasing its comprehensive report on digital assets, providing long-awaite

Today the White House is releasing its comprehensive report on digital assets, providing long-awaited regulatory clarity for innovators in a cutting-edge industry. President Trump is delivering on his

2025-08-12
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GALLUP: “Ukrainian Support for War Effort Collapses”GALLUP: “Ukrainian Support for War Effort Collapses”
GALLUP: “Ukrainian Support for War Effort Collapses”

GALLUP: “Ukrainian Support for War Effort Collapses”

2025-08-10
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🫶🫶
🫶

🫶

2025-07-26
1 likes
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#5 podcast across All Categories#5 podcast across All Categories
#5 podcast across All Categories

#5 podcast across All Categories

2025-07-07
2 likes
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