Quick Info
| Profession | Businessman, Entrepreneur, Investor, Politician |
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| Nationality | South African-American |
| Date of Birth | 25/05/1972 |
| Age | 54 years |
| Birthplace | Cape Town, South Africa |
| Full Name | David Oliver Sacks |
Latest News about David Sacks
26/03/2026
David Sacks stepped aside from his temporary role as White House AI and crypto czar after completing the standard 130-day term for a special government employee. He remained involved in the administration by moving into a co-chair position on the President's Council of Advisors on Science and Technology, where his remit broadened beyond AI to a wider set of technology issues.
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Bio/Wiki
| Summary | David Oliver Sacks is a South African-American businessman, author, politician, and investor best known for senior roles in the PayPal era of Silicon Valley, founding the enterprise social network Yammer (acquired by Microsoft for $1.2 billion), and co-founding venture capital firm Craft Ventures. He served as White House AI and crypto czar and later moved into a co-chair role on the President's Council of Advisors on Science and Technology. |
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Educational Qualification(s)
| Undergraduate | Bachelor of Arts in Economics, Stanford University (1994) |
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| Graduate | Juris Doctor, University of Chicago Law School (1998) |
| Secondary | Memphis University School |
Personal Life
| Family Background | Born to a Jewish family in Cape Town, South Africa. Relocated to the United States at age five, settling in Memphis, Tennessee. Inspired by his entrepreneurial grandfather who founded a candy factory. |
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Family
| Birthplace of Family | Cape Town, South Africa |
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Career
| 1999-2002 | Joined Confinity (later renamed PayPal) as first product leader and Chief Operating Officer. Played pivotal role in transforming PayPal into a global leader in online payments. PayPal IPO in 2002. |
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| 2006-2012 | Founded Geni.com and incubated Yammer. As Founder and CEO of Yammer, grew the company to approximately $60 million in sales and 500 employees, with over eight million enterprise users. Yammer acquired by Microsoft in 2012 for $1.2 billion. |
| Served as interim CEO of Zenefits for ten months. | |
| Co-founded Craft Ventures, an early-stage venture capital fund. | |
| Angel Investments | Facebook, Uber, SpaceX, Palantir Technologies, Airbnb, and more than 20 unicorns including Slack. |
| Developed and produced the biopic 'DalÃland' about artist Salvador DalÃ. | |
| Appointed White House AI and crypto czar by President Donald Trump in December 2024. | |
| Became Chair of the President's Council of Advisors on Science and Technology. | |
Social Media
| https://www.linkedin.com/in/davidoliversacks | |
| https://twitter.com/david_sacks |
Some Lesser Known Facts
| 1. Member of the 'PayPal Mafia,' a group of PayPal alumni who became influential figures in Silicon Valley | |
| 2. Pioneer of 'Bottom-Up SaaS' approach combining product-led growth with B2B sales | |
| 3. Yammer was one of the first SaaS startups to apply consumer growth tactics to enterprise software | |
| 4. Co-founder of All-In Podcast | |
| 5. Author and producer of the biopic 'DalÃland' (2023) |