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Listen to the full interview 👉 https://fellow.app/supermanagers/david-sacks-craft-ventures-from-paypal-mafia-to-viral-startups/?utm_source=youtube&utm_mediu...
- 6 min
- 7.8K
- Fellow App: Meeting Productivity & Management Tips
Nov 4, 2021 · 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...
- Trevor Grant
Nov 16, 2019 · The so-called 'PayPal mafia' represent the best, worst, and most controversial aspects of Silicon Valley. When David Sacks left PayPal, shortly after eBay paid $1.5bn (£1.2bn) for the...
The stock rose more than 54% on the first day. [22] 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.
Sacks, along with the rest of the PayPal team, recognized this. They understood the need to adapt and iterate on their product vision. This led to a crucial pivot: focusing on online money transfers via email.
How did Sacks’ involvement impact PayPal’s success? As Chief Operating Officer and Chief Product Officer, Sacks played a crucial role in PayPal’s growth and eventual acquisition by eBay. His strategic decisions and innovative ideas contributed to the company’s success.
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Mar 21, 2021 · Dave Rubin of The Rubin Report talks to David Sacks (former PayPal COO, co-host of the All In Podcast, angel investor in Facebook, Uber & SpaceX and founder, of Craft Ventures) about how...
- 60 min
- 70.9K
- The Rubin Report