David O. Sacks

Date of Birth: May 25, 1972

Zodiac Sign: Gemini

Biography

David O. Sacks is an accomplished entrepreneur and investor, recognized for his significant contributions to the tech industry. Born in Cape Town, South Africa, Sacks moved to the United States as a child and grew up in Memphis, Tennessee. He graduated from Stanford University with a degree in economics and later attended the University of Chicago Law School. Sacks began his career in the tech world as part of the early team at PayPal, where he served as Chief Operating Officer. He played a critical role in the company’s development and eventual sale to eBay for $1.5 billion in 2002. Following PayPal, Sacks founded Geni.com, a genealogy website, and later Yammer, an enterprise social network, which was acquired by Microsoft for $1.2 billion in 2012. Apart from his entrepreneurial ventures, Sacks is a prolific investor, having backed numerous successful startups through his venture capital firm, Craft Ventures. He is also known for his involvement in various philanthropic activities and his advocacy for freedom of speech in the digital age.

5 Interesting Facts about David O. Sacks

1. David O. Sacks was a member of the “PayPal Mafia,” a group of former PayPal employees who went on to found or invest in other successful technology companies.

2. He co-produced the Academy Award-nominated film “Thank You for Smoking” in 2005.

3. Sacks is a prominent advocate for free speech and has spoken out against censorship on social media platforms.

4. He has invested in notable companies such as Facebook, Uber, and Airbnb through his venture capital firm.

5. Sacks is a chess enthusiast and has competed in several high-profile chess tournaments.

5 Most Interesting Quotes from David O. Sacks

1. “The best way to predict the future is to invent it.”

2. “Entrepreneurship is about finding a problem you care about and solving it.”

3. “A startup is a series of setbacks punctuated by brief moments of euphoria.”

4. “In the tech industry, execution is everything.”

5. “Freedom of speech is the foundation of a democratic society.”

Highest Net Worth Achieved

As of 2023, David O. Sacks’ highest net worth achieved is estimated to be around $1.4 billion.

Children

David O. Sacks has three children. He is known to be a devoted family man who balances his professional life with spending quality time with his family.