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David O. Sacks

David Sacks
Sacks in 2025
Chair of the President's Council of Advisors on Science and Technology
Incumbent
Assumed office
January 20, 2025
PresidentDonald Trump
Preceded by
Personal details
Born
David Oliver Sacks

(1972-05-25) May 25, 1972 (age 53)
Cape Town, South Africa
Citizenship
  • South Africa
  • United States
Spouse
Jacqueline Tortorice
​
​
(m. 2007)​
Children3
Education
Known forFormer CEO of Zenefits
Former COO of PayPal
Founding CEO of Yammer

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 former 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] In December 2024, President Donald Trump named Sacks the White House AI and crypto czar for the incoming administration.[12]

  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.
  12. ^ Lai, Stephanie; Lowenkron, Hadriana (December 6, 2024). "Trump Names David Sacks as White House AI and Crypto Czar". Bloomberg.com. Archived from the original on December 6, 2024. Retrieved December 6, 2024.

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