David Sacks is an American entrepreneur, investor, and executive. He is the co-founder of PayPal, Yammer, and Geni, and was the COO of Uber.
David Sacks is an American entrepreneur, investor, and executive. He is the founder and CEO of Craft Ventures, a venture capital firm that invests in early-stage companies. He is also the co-founder of Yammer, a social networking platform for businesses, and the former COO of PayPal.
Sacks was born in Los Angeles, California in 1972. He attended Stanford University, where he earned a degree in economics. After graduating, he worked at a number of technology companies, including Apple, Claris, and Intuit. In 1998, he joined PayPal as the company’s Chief Operating Officer. At PayPal, he helped the company grow from a small startup to a global payments giant.
In 2005, Sacks co-founded Yammer, a social networking platform for businesses. He served as the company’s CEO until 2012, when it was acquired by Microsoft for $1.2 billion. After the acquisition, Sacks joined the Microsoft executive team as Corporate Vice President of the Office Division.
In 2017, Sacks founded Craft Ventures, a venture capital firm that invests in early-stage companies. The firm has invested in a number of companies, including Bird, Coinbase, and Glossier.
Sacks is also an active angel investor, having invested in companies such as Airbnb, Dropbox, and Uber. He is a board member of several companies, including Coinbase, Glossier, and the XPRIZE Foundation.
In addition to his business endeavors, Sacks is an active philanthropist. He is a board member of the XPRIZE Foundation, a non-profit organization that encourages technological advancement through competitions. He is also a board member of the Los Angeles-based non-profit organization, LA Promise Fund.
David Sacks is an accomplished entrepreneur, investor, and executive. He has been involved in a number of successful companies, including PayPal, Yammer, and Craft Ventures. He is also an active philanthropist, having invested in a number of non-profit organizations.