David Sacks

David Sacks is the founder and a current Partner of Craft Ventures, and a co-host of the All-In Podcast. Craft’s website describes him as a founder-turned-investor who has been building and investing in Silicon Valley companies for more than 25 years.⁠[1]

In PayPalPayPalPayPal Holdings, Inc. (Nasdaq: PYPL) is an American digital payments company that operates payment brands including PayPal, Venmo, Braintree, and Xoom, providing online and in-store payments, money transfers, and consumer credit to consumers and merchants worldwide.Open the full entry’s early years, Sacks was first its founding head of product and later its chief operating officer, overseeing functions including product, sales, marketing, business development, international expansion, customer service, fraud prevention, and human resources.⁠[2]

He founded the enterprise collaboration platform Yammer and served as its CEO. MicrosoftMicrosoftMicrosoft is a technology company founded by Bill Gates and Paul Allen in 1975 and headquartered in Redmond, Washington, with businesses spanning Windows, Microsoft 365, Azure, enterprise software, artificial intelligence, gaming and devices.Open the full entry announced in 2012 that it would acquire Yammer for $1.2 billion in cash; the announcement said the service then had more than 5 million corporate users and was used by 85 percent of Fortune 500 companies. The deal amount was a corporate transaction and does not equal Sacks’s personal proceeds.⁠[3]

Craft says publicly that Sacks focuses on consumer and SaaS companies, with a particular preference for products that can spread virally through online or real-world networks; his publicly known early investments include AirbnbAirbnbAirbnb is a travel platform for booking stays, experiences, and services, co-founded by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk and headquartered in San Francisco, United States; its Class A common stock trades on Nasdaq under the symbol ABNB. The business began with hosting guests in the founders’ home in 2007, then joined YC’s Winter 2009 batch, and gradually expanded into local experiences, services, and boutique hotels.Open the full entry, Facebook, PalantirPalantirPalantir is a U.S. enterprise software company founded in 2003 that provides data and artificial intelligence platforms including Gotham, Foundry, Palantir Apollo, and AIP, serving government and commercial organizations. The company went public through a direct listing in 2020 and now trades on Nasdaq under the ticker PLTR.Open the full entry, SpaceXSpaceXSpaceX is a company founded by Elon Musk in 2002 whose businesses include space transportation, Starlink satellite communications and artificial intelligence. It went public in 2026 under the ticker SPCX.Open the full entry, and Uber. The portfolio list indicates only public investment relationships and does not show cost basis, current holdings, or personal returns.⁠[2]

White House documents confirm that he serves as Special Advisor for AI and Crypto as a Special Government Employee and co-chairs PCAST. This arrangement allows him to retain his role at Craft, subject to limits on working hours and conflict-of-interest rules.⁠[4]

A 2026 Form ADV lists David O. Sacks as a control person of Craft Ventures Management LP, holding an interest in the management entity through Sacks.com LLC. Control in the regulatory sense is different from the Partner title on the firm’s website.⁠[5]

Public career profiles generally list him as holding a bachelor’s degree in economics from Stanford and a J.D. from the University of Chicago. Yammer’s sale price, Craft’s AUM, the valuations of portfolio companies, his government position, and his media influence cannot be directly converted into a personal net worth.⁠[1]