David Sacks

In December 2024, Trump announced David Sacks as his 'White House AI & Crypto Czar,' tasked with developing a legal framework for cryptocurrency and shaping AI policy. The appointment raised conflict of interest concerns given Sacks' extensive investments in AI and crypto companies through Craft Ventures.

David Sacks delivered a primetime speech at the Republican National Convention in July 2024, making the case for Trump to Silicon Valley and discussing the need for pro-business and pro-crypto policies. The speech signaled growing tech industry alignment with Trump.

David Sacks hosted a high-dollar fundraiser for Trump's 2024 campaign at his San Francisco home in June 2024, raising approximately $12 million. The event marked a significant moment of Silicon Valley support for Trump and included other prominent tech figures.

On the All-In Podcast immediately after January 6, 2021, Sacks said Trump had 'disqualified himself from being a candidate at a national level again.' He described Jan 6 as a 'disaster' and when asked if Trump was responsible, said 'One hundred percent yes.' This position represented a clear break from Trump, whom Sacks would later fully endorse in 2024 after political evolution from moderate (donated to Hillary Clinton 2016, Gavin Newsom 2018) to MAGA supporter.

In 2008, Sacks founded Yammer, one of the first SaaS startups to apply consumer growth tactics to enterprise software. Yammer's viral approach made it one of the fastest-growing SaaS startups in history, reaching 8 million enterprise users in just four years. As Founder/CEO, Sacks grew the company to $60 million in revenue and 500 employees. Microsoft acquired Yammer in July 2012 for $1.2 billion as a core part of its cloud and social strategy, recognizing the platform's transformation of enterprise collaboration.

Sacks joined early-stage startup Confinity (later PayPal) in 1999, serving as first product leader then COO. He built and ran many of the company's key teams including product management and design, sales and marketing, business development, international, customer service, fraud operations, and HR. His operational leadership helped scale PayPal during the critical early internet payments era before eBay acquisition in 2002. Later became part of the 'PayPal Mafia'—founders and early employees who went on to found other successful technology companies.