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    David Sacks

    General partner, Craft Ventures

    General partner, Craft Ventures · AI and crypto czar (stepped down March 2026), White House · Chief operating officer and product leader (previously), PayPal

    Background

    David Sacks is a South African-American entrepreneur, author, and investor in internet technology firms.

    He is a general partner of Craft Ventures, a venture capital fund he co-founded in late 2017.

    In December 2024, President Donald Trump named him the White House AI and crypto czar. He stepped down in March 2026.

    Key facts

    Born
    May 25, 1972source
    Craft Ventures
    General partner; co-founded the venture capital fund in late 2017source
    PayPal and Yammer
    Previously COO and product leader of PayPal; founder and CEO of Yammersource
    White House role
    Named White House AI and crypto czar in December 2024; stepped down in March 2026source
    Education
    Bachelor's degree in economics from Stanford University, 1994; Juris Doctor from the University of Chicago Law School, 1998source

    WYDE coverage of David Sacks

    Sources

    Follow the money in philanthropy.

    Who gives, who receives, and what it funds. Every Friday.