David Sacks
David O. Sacks is an American businessman and entrepreneur. He is best known for his involvement with companies like Yammer, PayPal, Zenefits, and Geni. He is also a venture capitalist and angel investor.
Sacks was born in New York City and grew up in Los Angeles. He attended Stanford University and graduated with a degree in economics. After graduating, Sacks worked at the consulting firm McKinsey & Company, then became a product manager at Apple.
Sacks was an early executive at PayPal and served as the Chief Operating Officer and Chief Financial Officer. He was also responsible for the company's business development and was the main architect behind the merger with eBay. After leaving PayPal, Sacks founded Yammer, a business-oriented social networking platform. Microsoft acquired the company in 2012.
In 2013, Sacks founded Zenefits, a human resources software company. He served as the CEO until 2016. In 2020, Sacks co-founded Geni, a software platform that helps families manage their family trees and share family stories.
In addition to his business ventures, Sacks is an active angel investor. He has invested in companies such as Dropbox, Airbnb, and Slack. He is also a partner at Craft Ventures, a venture capital firm.
Sacks is considered a thought leader in the technology industry and has been featured in a number of publications, including Fortune, Wired, and the Wall Street Journal. He has also written for publications such as TechCrunch and Forbes. He is a sought-after speaker for events such as the TED conference and South by Southwest.
Sacks is an active philanthropist and has been involved with a number of charities. In 2016, he established the Sacks Family Foundation, which focuses on supporting organizations and initiatives related to education and youth development. He is also a board member at the Los Angeles Regional Food Bank, which provides food to those in need.
Sacks is a frequent commentator on the technology and business industries and is often seen as a go-to source for advice on startups. He has written extensively about the tech industry and shares his insights on his blog, The Sacks Report.
