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David Sacks

David Sacks

Co-founder and Partner·Craft Ventures

San Francisco, California, United States

Bio

Professional summary

David Sacks is a founder, operator, and investor at Craft Ventures. His official Craft profile describes a career spanning PayPal, where he was an early product leader and later COO, and Yammer, the enterprise collaboration company he founded and led before its acquisition by Microsoft. Craft credits him with pioneering the bottom-up SaaS strategy that combines product-led adoption with enterprise sales. As an investor, Craft says he has backed more than 20 unicorns across software, marketplaces, fintech, and consumer technology. For founder outreach, the strongest fit is a product-led B2B software company with a clear demo, efficient go-to-market, and potential to become category-defining.

Investment focus

Stage, sector, and overall fit

Stage

seedSeries Agrowth

Sector

B2B SaaSenterprise softwarebottom-up SaaSproduct-led growthAI softwaremarketplaces

Thesis

B2B SaaS and bottom-up SaaSProduct-led growth companiesGenerative AI within B2B software

Notable companies

Selected portfolio companies the partner has backed

AffirmAirbnbClickUpEventbriteFacebookHouzzLyftOpendoorPalantirPostmatesRedditSlackSpaceXTwitterUberWishAddeparGustoIntercomVanta

How to approach

Framing and angles for outreach

Pitch framing

Open with a sharp product demo, bottom-up adoption metrics, and a clear argument for why the company can define a large B2B software category.

Personalization hooks

  1. 1Reference bottom-up SaaS or product-led growth if the company has organic user adoption.
  2. 2Lead with demo quality and product insight rather than a long market memo.

Recent signals

What the partner has said or done recently

  • Craft’s official profile says he likes to begin pitch meetings by seeing a product demo.

  • Craft’s official content around its fourth early-stage fund and second growth fund emphasizes B2B software in the era of generative AI.

Background

Career, education, and skills

Career history

  • Craft VenturesCo-Founder & Partner2017 – Present
  • YammerFounder & CEO2008 – 2012 (acq. by Microsoft for $1.2B)
  • PayPal (formerly Confinity)First Product Leader, then COO1999 – 2002 (IPO on Nasdaq)

Education

  • Stanford UniversityB.A.

Other partners at Craft Ventures

12 more profiles

Brian Murray

Brian Murray

Partner & COO

Craft Ventures

Brian Murray is Partner & COO at Craft Ventures, where he invests and oversees firm operations after earlier leadership roles at B2B SaaS startups including Yammer and Zenefits.

Not specified
Bryan Rosenblatt

Bryan Rosenblatt

Venture Partner

Craft Ventures

Craft Venture Partner and founder-focused generalist with Reddit, Twitter, and Riverside Ventures roots.

AIBusiness softwareConsumer internetFounder-focused generalistSeed investing
DS

David O. Sacks

Partner

Craft Ventures

Craft co-founder, former PayPal COO, Yammer founder, and B2B software investor.

AIB2B softwareBottom-up SaaSEnterprise softwareProduct-led growth
JJ

Josiah Joner

Analyst

Craft Ventures

Craft investment analyst based in San Francisco.

Investment analysisTechnology startupsVenture capital
Kevin Gabura

Kevin Gabura

Principal

Craft Ventures

Craft Principal investing across cybersecurity, infrastructure, and application software.

Application softwareCybersecurityEarly-stage investingGrowth investingInfrastructure software
Lainy Painter Singh

Lainy Painter Singh

Partner

Craft Ventures

Lainy Painter Singh is a Partner on Craft Ventures' investment team. Her official profile says she focuses on platforms for complex vertical markets including real estate, healthcare, education, construction, and fintech.

Mark Woolway

Mark Woolway

President

Craft Ventures

Mark Woolway is President of Craft Ventures and a partner on the investment team. He leads Craft’s operations, finance, legal, fundraising, and LP relations, with prior executive experience at Zenefits, Intercom, Yammer, Clarium Capital, and PayPal.

Michael Robinson

Michael Robinson

Partner, Head of Investment Team

Craft Ventures

Michael Robinson is Partner and Head of the Investment Team at Craft Ventures, focused on horizontal and vertical B2B SaaS, infrastructure, cybersecurity, dev tools, and vertical SaaS.

Horizontal and vertical B2B SaaS
Mike Marg

Mike Marg

Partner

Craft Ventures

Mike Marg is a Partner at Craft Ventures based in San Francisco, focused on Generative AI, APIs, and Enterprise SaaS, with prior GTM leadership roles at Dropbox, Slack, and Clearbit.

APIsEnterprise SaaSGenerative AI
Sean Whitney

Sean Whitney

Principal

Craft Ventures

Craft Principal investing in AI, creative tools, developer tools, APIs, and bottom-up SaaS.

AI design and engineeringAPIsBottom-up softwareCreative toolsDeveloper toolsVertical SaaS
Taylor Durand

Taylor Durand

Investor

Craft Ventures

Craft Investor focused on frontier tech, infrastructure, physical AI, vertical SaaS, and defense.

DefenseFrontier techInfrastructurePhysical AIVertical SaaS
Zao Chen

Zao Chen

Principal

Craft Ventures

Craft Principal investing in data infrastructure, AI infrastructure, and developer tools.

AI infrastructureData infrastructureDeveloper toolsHorizontal AIVertical AI