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David Sacks's Email & Phone Number

Former CEO of Yammer


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About David Sacks

📖 Summary

David Sacks, the former CEO of Yammer, is a visionary entrepreneur and influential figure in the world of technology. With a career marked by groundbreaking achievements and disruptive innovation, Sacks has left an indelible mark on the industry.

Sacks' journey in the tech world began at an early age. A graduate of Stanford University and a frequent visitor to Silicon Valley, he was immersed in the vibrant tech culture of the late 1990s. It was during this period that Sacks co-founded two highly successful startups: PayPal and Geni.

As one of the founding members of PayPal, Sacks played a pivotal role in transforming the way online transactions are conducted. He served as the chief operating officer of the company and was instrumental in its rapid growth and eventual acquisition by eBay. Under Sacks' leadership, PayPal became a global leader in online payments, revolutionizing e-commerce and transforming the financial landscape.

Following the successful PayPal venture, Sacks turned his attention to the field of social networking. In 2008, he founded Yammer, a business-oriented social network that garnered immense popularity and quickly gained a loyal following. Yammer's innovative approach, combining social media with professional collaboration, positioned it as a game-changer in the corporate world.

As the CEO of Yammer, Sacks led the company to unparalleled success. Within three years, Yammer had grown to over 5 million users and was widely recognized as a pioneer in enterprise social networking. Its impact was so profound that Microsoft took notice and acquired Yammer in 2012 for a staggering sum of $1.2 billion, marking one of the largest acquisitions in the tech industry at the time.

Sacks' visionary leadership and ability to foresee future trends were instrumental in Yammer's rise to prominence. He understood the importance of fostering a collaborative work environment and recognized the potential of social networks in enhancing productivity and communication within organizations. Through Yammer, Sacks revolutionized the way businesses operated, providing employees with a platform to connect, collaborate, and share information in real-time.

Beyond his entrepreneurial pursuits, Sacks has become a respected figure in the tech community. His insights and expertise are highly sought after, and he has established himself as a thought leader through his writings and appearances at industry conferences. Sacks has also become involved in angel investing, supporting and mentoring a new generation of startups.

Today, Sacks continues to make an impact in the technology sector. He serves on the board of several companies, including PayPal and Houzz, and has taken up the role of a venture capitalist. Through his investment firm, Craft Ventures, Sacks seeks out promising startups and provides them with the guidance, expertise, and funding needed to succeed.

Sacks' journey from co-founding PayPal to becoming the CEO of Yammer has been nothing short of remarkable. His ability to identify groundbreaking opportunities and his determination to revolutionize industries have solidified his place as an influential figure in the tech world. With an impressive track record and an unwavering commitment to innovation, David Sacks continues to shape the future of technology and inspire the next generation of entrepreneurs.


Frequently Asked Questions about David Sacks

What is David Sacks known for?

Sacks is a member of the so-called "PayPal Mafia", a group of founders and early employees of PayPal who went on to found a series of other successful technology companies. They are often credited with inspiring Web 2.0 and the re-emergence of consumer-focused Internet companies after the dot com bust of 2001.


How much is sacks worth?

Sacks has an estimated net worth of $200 million. He is a tech entrepreneur and investor. He was the former COO of PayPal and is currently the co-founder and general partner at Craft Ventures, a VC fund that has provided early-stage funding for SaaS startups like ClickUp, OpenPhone, and Sourcegraph.


Is David Sacks related to Oliver Sacks?

In contrast to my late father, David, Oliver's elder brother by nine years, who was stentorian, sartorial and effervescently self-confident, Oliver was stuttering, shambolic and diffident, and spoke quietly, hesitantly and sometimes not at all.


Who is David Sacks executive producer?

He executive produced and cowrote Nickelodeon's Pig Goat Banana Cricket with series co-creator Johnny Ryan, and as of 2016 was executive producing and showrunning TBS' original series Final Space.


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