David Sacks

David O. Sacks is an entrepreneur, investor, and public servant with a distinguished career in technology and finance. Born in South Africa, Sacks immigrated to the United States, where he attended Stanford University, earning a degree in economics, and later graduated with a Juris Doctor from the University of Chicago Law School.

Career in Technology and Business

Sacks co-founded PayPal in 1998 and served as its Chief Operating Officer, pivotal in the company’s growth and eventual sale to eBay in 2002. Following PayPal, he founded Yammer, one of the first enterprise social networking platforms, acquired by Microsoft for $1.2 billion in 2012. Sacks also co-founded Craft Ventures, a venture capital firm that invests in early-stage startups, focusing on technology, fintech, and Web3 innovation.

White House Appointment as AI & Crypto Czar

In 2023, former President Donald Trump appointed Sacks as the White House AI & Crypto Czar and tasked him with overseeing national strategies for artificial intelligence and crypto development and implementation. In this role, Sacks aims to ensure the United States remains a leader in these transformative technologies while addressing ethical, security, and economic challenges. He coordinates regulatory frameworks and fosters public-private partnerships to accelerate innovation in these sectors.

Vision and Advocacy

Sacks is a proponent of balanced innovation and regulation, advocating for policies that support technological advancements without stifling economic growth. His leadership in crafting AI and blockchain technology frameworks highlights his commitment to fostering a competitive and responsible tech ecosystem.

Legacy and Recognition

David O. Sacks is recognized as a transformative leader in the private and public sectors. His contributions to PayPal, Yammer, and the broader tech industry, coupled with his efforts in shaping U.S. policy on AI and digital assets, underscore his role as a key figure in the intersection of technology and governance.

• White House AI & Crypto Czar
• Craft Ventures Founder/Partner
• Producers Guild of America Producer