David Sacks

David Sacks

VC

Co-Founder and General Partner, Craft Ventures

Craft Ventures GP, SaaS and crypto investor

San Francisco, USA$1M–$20M (early-stage Craft funds) checks8 notable investments
SeedSeries ASeries B+
Enterprise SaaSFintechCryptoMarketplacesAI

Background

David Sacks is the co-founder and General Partner of Craft Ventures, which he co-founded with Bill Lee in late 2017 and has grown to $3.3 billion in assets under management. He began his tech career as PayPal's first product leader and later COO, helping take the company public before its $1.5 billion acquisition by eBay in 2002. He subsequently founded Yammer, an enterprise collaboration platform acquired by Microsoft for $1.2 billion in 2012. Sacks is also co-host of the All-In podcast, one of the top technology podcasts globally. From December 2024 to March 2026 he served as a Special Government Employee in the White House as AI and Crypto Czar, after which his 130-day allotment was exhausted.

Investment Thesis

Invests in enterprise SaaS, vertical software, digital marketplaces, fintech, and crypto infrastructure; looks for founders with strong product vision and rapid shipping velocity.

Investment Focus

Stages

SeedSeries ASeries B+

Typical check: $1M–$20M (early-stage Craft funds)

Sectors

Enterprise SaaSFintechCryptoMarketplacesAI

Based in: San Francisco, USA (North America)

Notable Investments

Last updated: Jun 11, 2026