David Sacks

David Sacks played a foundational role in the development and scaling of PayPal, serving as its inaugural product leader and later as Chief Operating Officer from 1999 to 2002. During his tenure, Sacks was instrumental in building key teams and overseeing critical functions including product management, sales, marketing, business development, and international operations. His leadership contributed significantly to PayPal’s successful Initial Public Offering (IPO) in February 2002, which was followed by its acquisition by eBay for $1.5 billion in October 2002. After PayPal, Sacks ventured into film production, financing and producing the political satire Thank You for Smoking in 2005, a film that earned two Golden Globe nominations.

In this pivotal role, he will focus on establishing a robust legal framework for the burgeoning cryptocurrency industry. His influence will further extend as Co-Chair of the President’s Council of Advisors on Science and Technology in 2025, where he will advise on critical national initiatives in science and technology.