Partner & Co-Founder at Craft Ventures · Joined 2017
View Live Interactive Profile →David Sacks was PayPal's first product leader and later its COO, part of the group later nicknamed the 'PayPal Mafia,' before founding Yammer, an enterprise social networking company he built and sold to Microsoft for $1.2 billion. He co-founded Craft Ventures in 2017 with Bill Lee, built around a deliberately operator-led model - the firm has grown to $3.3 billion in total assets under management following its 2023 Craft IV and Growth II funds. Craft's early investments include Airbnb, Facebook, Palantir, and SpaceX, and its 2017 investment in Reddit was still on the books when the company went public in 2024. Sacks has become known for being unusually public about his own investing framework, and has since taken on a public policy role advising on AI and crypto matters.