business model. Shortly after, PC Magazine would note Zenefits had become "the best HR software on the market". Sacks was succeeded by former Ooyala CEO, Jay Fulcher. Angel investments Sacks has been investing in technology companies for twenty years. As an angel investor, his investments include Addepar, Affirm, Airbnb, Bird, Clutter, Eventbrite, Facebook, Gusto, Houzz, Intercom, Mixpanel, Opendoor, Palantir Technologies, PayPal, Postmates, ResearchGate, Scribd, Slack, SpaceX, SurveyMonkey, ThirdLove, Uber and Wish. Craft Ventures In late 2017, Sacks co-founded Craft Ventures and raised an initial fund of $350 million. Craft raised $1.1B in 2021, which brought total assets under management to $2B, according to a Medium post published by the company. Unicorns in Craft Ventures Fund I and Fund II include Bird, BitGo, ClickUp, Pipe, Reddit, SourceGraph and SpaceX. Political views The Diversity Myth In college, Sacks was the co-author – with Peter Thiel – of the 1995 book The Diversity Myth: Multiculturalism and the Politics of Intolerance at Stanford, published by the Independent Institute. The book is critical of political correctness in higher education and argues that more intellectual diversity is needed on college campuses. In 2016, Sacks apologized for parts of the book. Support for political campaigns According to the Federal Election Commission, Sacks donated $50,000 to Republican Party candidate Mitt Romney's presidential campaign in 2012. In 2016, he donated nearly $70,000 to Democratic Party candidate Hillary Clinton's presidential campaign. In the February 15, 2022 San Francisco Board of Education recall elections of Members Collins, Moliga, and Lopez, Sacks gave one of the largest contributions to support the recall. He is also a significant booster of Republican candidates, sponsoring a Spring 2022 fundraiser for GOP senate hopefuls including J.D. Vance and Blake Masters alongside his former colleague and partner Keith Rabois. Awards and recognition San Francisco Business Times 40 Under 40, David Sacks (2012) Workforce Management Game Changers Award, David Sacks (2011) San Francisco Business Times Bay Area's Most Admired CEOs (2011) Personal life On 7 July 2007, Sacks married Jacqueline Tortorice. The couple have two daughters and one son. References External links Interviews PayPal people Living people Film producers from Tennessee 20th-century American Jews People from Memphis, Tennessee People from Tennessee Stanford University alumni University of Chicago Law School alumni American chief executives 1972 births American chief operating officers South African Jews South African emigrants to the United States 21st-century American Jews