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Nov 4, 2021 · David Sacks is a Silicon Valley legend, former COO of PayPal, Co-Founder of Yammer, and Managing Partner of Craft Ventures. We spoke with David on our 60th podcast episode about what he...
- Trevor Grant
Pivoting for Success: From Palm Pilots to Email Money. Here's the thing: Confinity's initial product was, well, a bit out there. It involved beaming money between Palm Pilots – remember those dinosaurs? While innovative, it wasn't exactly mainstream. Sacks, along with the rest of the PayPal team, recognized this.
David Sacks earned approximately $40 million personally from PayPal‘s sale. The extraordinary wealth and experience gained working alongside PayPal‘s founders laid the foundation for Sacks‘ upcoming entrepreneurial ventures in the 2000s tech boom.
In October 2002, eBay acquired PayPal for $1.5 billion. [23] Sacks is a member of the so-called "PayPal Mafia", a group of founders and early employees of PayPal who went on to found a series of other successful technology companies.
Jan 7, 2024 · How much does David Sacks make and how? David Sacks probably makes $170,000 per month through venture capital deals and his real estate portfolio. Of course – these numbers he won’t admit publicly! 😉
Listen to the full interview 👉 https://fellow.app/supermanagers/david-sacks-craft-ventures-from-paypal-mafia-to-viral-startups/?utm_source=youtube&utm_mediu...
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Apr 2, 2024 · David Sacks’ estimated net worth stands impressively at over $250 million. His journey to financial success traces back to his early days as a product manager at PayPal, a pioneering payment processing company that later found its way into the folds of eBay in 2002.
