David O. Sacks

January 10, 2024
Entrepreneur

Quick Facts

David O. Sacks
Full Name David O. Sacks
Occupation Entrepreneur
Date Of Birth May 25, 1972(1972-05-25)
Age 52
Birthplace Cape Town
Country South Africa
Birth City Western Cape
Horoscope Gemini

David O. Sacks Biography

Name David O. Sacks
Birthday May 25
Birth Year 1972
Place Of Birth Cape Town
Home Town Western Cape
Birth Country South Africa
Birth Sign Gemini
Spouse Jacqueline Tortorice
Children(s) 3

David O. Sacks is one of the most popular and richest Entrepreneur who was born on May 25, 1972 in Cape Town, Western Cape, South Africa.

David Oliver Sacks (born May 25, 1972) is an entrepreneur and investor in internet technology firms. He is general partner of Craft Ventures, a venture capital fund he co-founded in late 2017. Previously, Sacks was the founding COO and product leader of PayPal (acquired by eBay in 2002 for $1.5 billion) and Founder/CEO of Yammer (acquired by Microsoft in 2012 for $1.2 billion). In 2016, he led the turnaround of Zenefits as interim CEO. In 2017, Sacks co- founded blockchain startup Harbor as an incubation of Craft Ventures. His angel investments include Facebook, Uber, SpaceX, Palantir Technologies, Airbnb and Houzz.

Sacks attended Memphis University School in Memphis, Tennessee. He earned his B.A. in Economics from Stanford University in 1994 and received a J.D. from the University of Chicago Law School in 1998.

David O. Sacks Net Worth

Net Worth $5 Million
Source Of Income Entrepreneur
House Living in own house.

David O. Sacks is one of the richest Entrepreneur from South Africa. According to our analysis, Wikipedia, Forbes & Business Insider, David O. Sacks 's net worth $5 Million. (Last Update: December 11, 2023)

Sacks was born in Cape Town, South Africa, and immigrated to Tennessee with his family when he was 5. Though Sacks didn’t know he wanted to be an entrepreneur, he did not want to work a profession like his father, who was an endocrinologist. However, he took inspiration from his grandfather, who started a candy factory in the 1920s.

Height, Weight & Body Measurements

David O. Sacks height Not available right now. Defia weight Not Known & body measurements will update soon.

Who is David O. Sacks Dating?

According to our records, David O. Sacks married to Jacqueline Tortorice. As of December 1, 2023, David O. Sacks’s is not dating anyone.

Relationships Record : We have no records of past relationships for David O. Sacks. You may help us to build the dating records for David O. Sacks!

On July 7, 2007, Sacks married Jacqueline Tortorice. The couple has two daughters and one son.

Facts & Trivia

Defia Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in South Africa. David O. Sacks celebrates birthday on May 25 of every year.

In 2008, Yammer launched the first Enterprise Social Network, a secure solution for internal corporate communication and collaboration, winning the grand prize at TechCrunch50 conference. According to Social Capital, Yammer’s viral approach made it among the fastest-growing Software-as-a-Service (SaaS) companies in history, exceeding eight million enterprise users in just four years. Yammer received approximately US$142 million in funding from venture capital firms such as Charles River Ventures, Founders Fund, Emergence Capital Partners, and Goldcrest Investments.

How did David Sacks make his money?

David is one of the all-time great entrepreneurs. He’s the founder and CEO of Yammer, which sold to Microsoft for a cool $1.2 billion. He was also on the original team at PayPal and an angel investor in Facebook, Airbnb, and SpaceX. Now, he’s having incredible success in VC at Craft Ventures.

What is David Sacks invested in?

David has invested in over 20 unicorns, including Affirm, AirBnB, Bird, ClickUp, Eventbrite, Facebook, Houzz, Lyft, OpenDoor, Palantir, Postmates, Reddit, Slack, SpaceX, Twitter, Uber, and Wish.

How old is David Sacks?

50 years (May 25, 1972)

Is Elon Musk friends with David Sacks?

Elon Musk’s friend David Sacks lost a bid to quash a Twitter subpoena because of his tweets. Sacks’s lawyers said the subpoena was too burdensome and duplicated a previous request. Sacks only hired legal counsel because he told his podcast listeners he would, the judge said.

How did David Sacks join PayPal?

Sacks realized that if they didn’t get the product right then they had nothing. He became obsessed with every detail of it which ultimately lead him to become COO of PayPal which formed after Confinity merged with a similar digital payments company — Elon Musk’s X.com.

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