David O. Sacks
Founder/Partner at Craft Ventures- Claim this Profile
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Bio
Eric Jackson
It's impossible to say too much about the role David played at PayPal. He was entrusted with the company's Marketing, Product, & Design teams at a point when it was losing $10 million per month. Six quarters later, the company was profitable and became the first dot-com to go public after 9/11. It never would have happened without David's vision and leadership.
Keith Rabois
Of all of the people in the Internet world, David is the single best at designing a product to crisply convey value to the user and entice the user to engage with the product in the ideal way. Unlike most executives, David masters the most arcane details of the business and converts that knowledge into strategic insights of enormous value. PayPal would have failed without his efforts.
Eric Jackson
It's impossible to say too much about the role David played at PayPal. He was entrusted with the company's Marketing, Product, & Design teams at a point when it was losing $10 million per month. Six quarters later, the company was profitable and became the first dot-com to go public after 9/11. It never would have happened without David's vision and leadership.
Keith Rabois
Of all of the people in the Internet world, David is the single best at designing a product to crisply convey value to the user and entice the user to engage with the product in the ideal way. Unlike most executives, David masters the most arcane details of the business and converts that knowledge into strategic insights of enormous value. PayPal would have failed without his efforts.
Eric Jackson
It's impossible to say too much about the role David played at PayPal. He was entrusted with the company's Marketing, Product, & Design teams at a point when it was losing $10 million per month. Six quarters later, the company was profitable and became the first dot-com to go public after 9/11. It never would have happened without David's vision and leadership.
Keith Rabois
Of all of the people in the Internet world, David is the single best at designing a product to crisply convey value to the user and entice the user to engage with the product in the ideal way. Unlike most executives, David masters the most arcane details of the business and converts that knowledge into strategic insights of enormous value. PayPal would have failed without his efforts.
Eric Jackson
It's impossible to say too much about the role David played at PayPal. He was entrusted with the company's Marketing, Product, & Design teams at a point when it was losing $10 million per month. Six quarters later, the company was profitable and became the first dot-com to go public after 9/11. It never would have happened without David's vision and leadership.
Keith Rabois
Of all of the people in the Internet world, David is the single best at designing a product to crisply convey value to the user and entice the user to engage with the product in the ideal way. Unlike most executives, David masters the most arcane details of the business and converts that knowledge into strategic insights of enormous value. PayPal would have failed without his efforts.
Experience
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Craft Ventures
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United States
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Financial Services
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1 - 100 Employee
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Founder/Partner
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2017 - Present
Craft Ventures is a VC firm dedicated to the craft of building great companies. We are founders who back founders. Our focus is on SaaS and Marketplace models. Craft Ventures is a VC firm dedicated to the craft of building great companies. We are founders who back founders. Our focus is on SaaS and Marketplace models.
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Producers Guild of America
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United States
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Entertainment Providers
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1 - 100 Employee
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Producer
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2005 - Present
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. 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.
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Yammer, Inc.
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United States
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Software Development
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1 - 100 Employee
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Founder/CEO
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Sep 2008 - Jul 2014
Yammer, the first Enterprise Social Network, pioneered bottom-up SaaS by adapting consumer tactics for enterprise sales. It was acquired by Microsoft in July 2012 for $1.2 billion as a core part of its cloud/social strategy. Yammer, the first Enterprise Social Network, pioneered bottom-up SaaS by adapting consumer tactics for enterprise sales. It was acquired by Microsoft in July 2012 for $1.2 billion as a core part of its cloud/social strategy.
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PayPal
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United States
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Software Development
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700 & Above Employee
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COO / Head of Product
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1999 - 2002
"PayPal Mafia" "PayPal Mafia"
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Education
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1990 - 1994
Stanford University
B.A., Economics -
1995 - 1998
University of Chicago Law School
J.D.
Community
