David Sacks, born on May twenty-fifth, nineteen seventy-two, is a prominent South African-American entrepreneur and investor known for his significant contributions to the internet technology sector. He co-founded Craft Ventures in late twenty seventeen, a venture capital fund that focuses on early-stage investments, showcasing his commitment to fostering innovation.
Before establishing Craft Ventures, Sacks held pivotal roles in several high-profile companies. He served as the Chief Operating Officer and product leader at PayPal, where he played a crucial role in shaping the company's success. Additionally, he founded and led Yammer as its CEO, further solidifying his reputation as a visionary in the tech industry.
In twenty sixteen, Sacks took on the role of interim CEO at Zenefits, demonstrating his adaptability and leadership in challenging situations. His investment portfolio is impressive, with angel investments in notable companies such as Facebook, Uber, SpaceX, Palantir Technologies, and Airbnb, reflecting his keen eye for potential in the tech landscape.
Moreover, Sacks is a co-host of the popular All In podcast, where he engages in discussions with fellow tech leaders, including Chamath Palihapitiya, Jason Calacanis, and David Friedberg. His insights and experiences make him a sought-after voice in the entrepreneurial community.
In December twenty twenty-four, David Sacks was appointed by President Donald Trump as the White House AI and crypto czar for the incoming administration, marking a significant milestone in his career and influence in the tech policy arena.