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Who is David Oliver Sacks?
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 co-host of the All In podcast, alongside Chamath Palihapitiya, Jason Calacanis and David ...
Feb 3, 2022 · How much is David's net worth? David has an estimated net worth of $79 million as of 2022. He has earned greatly from holding shares in different companies such as FaceBook, Airbnb and Uber.
Sep 28, 2023 · David Sacks net worth is estimated to be around $2 billion as of 2023, making him one of the richest entrepreneurs and venture capitalists in the world. How did he achieve such a remarkable feat? Here is a brief overview of his career and achievements.
- What Is David Sacks’ Net Worth?
- Early Life
- Career
Highlights
1. First COO of PayPal 2. Founded Geni.com and Yammer(both acquired) 3. Co-founded Craft Ventures 4. Co-hosts the podcast All-In David O. Sacks has an estimated net worth of $200 million. He is a tech entrepreneur and investor. He was the former COO of PayPal and is currently the co-founder and general partner at Craft Ventures, a VC fund that has provided early-stage funding for SaaS startups like ClickUp, OpenPhone, and Sourcegraph. He co-hosts the ‘All-In’ podcast, which focuses on VC, tec...
David Sacks, whose middle name is Oliver, was born on 25th May 1972 in Cape Town, South Africa. When he was young, his family moved to Tennessee in the USA. He’s a Stanford economics graduate and holds a Doctor of Law degree from the University of Chicago Law School.
PayPal
Sacks started working as a management consultant at McKinsey & Company. In 1999 he joined Peter Thiel at PayPal, becoming the company’s first COO. It was at PayPal that he met Elon Musk. The pair have remained close friends ever since. They are both faces of the famous ‘PayPal Mafia.’ Sacks proved to be a massive asset to PayPal, overseeing the formation and development of key departments, including Sales & Marketing, Customer Service, and Human Resources. He helped grow the company‘s annual...
Yammer
Entrepreneurship had always appealed to Sacks because of his grandad, who owned a candy factory. In 2008, he launched Yammer which was basically Slack before Slack. It became one of the fastest-growing SaaS tools in history, emerging as number one in TechCrunch’s TechCrunch50. Microsoft acquired it in 2012 for $1.2 billion. It was the fastest billion-dollar SaaS exit in history (from founding to exit) and still is today.He also created Geni.com in 2006, which was acquiredby MyHeritage in 2012.
Zenefits
Sacks’ knack for turning things around saved Zenefits from spiraling downwards when he was brought in as interim CEO during a crisis period in 2014. During his stint, he helped stabilize the company and introduced Z2, an HR SaaS product. This product would go on to be recognized by PC Magazineas one of the best HR software products in the market.
Mar 3, 2024 · He is an investor and general partner of a venture capital fund called Craft Ventures and also co-hosts the All-In Podcast. As of 2024, David Sacks has an estimated net worth of $200 million.
Feb 8, 2024 · David O. Sacks. David Sacks joined PayPal in 1999 from the management consultancy firm McKinsey & Company. As COO before the appointment of Hoffman, Sacks was responsible for project management, design, sales and marketing, customer service, fraud operations, and human resources functions.
Apr 5, 2024 · With an estimated David Sacks Net Worth of $1.5 million, his journey from a pivotal role in PayPal to co-founding Craft Ventures reflects not just financial success, but a strategic acumen...
