David Sacks
David Sacks
Founder who backs founders through @craft_ventures. Previously: Created two unicorns, invested in over 20 more. Occasional movie producer. @theallinpodSource
San Francisco, CA
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The Killer D.A.. Chesa Boudin’s Decarceration Disaster | by David Sacks | Medium

The Killer D.A.. Chesa Boudin’s Decarceration Disaster | by David Sacks | Medium

Her name was Hanako Abe. Raised in Fukushima, Japan, she lived through the devastating 2011 tsunami and subsequent nuclear disaster and emigrated to America to attend university. After graduation in 2018, she settled in San Francisco and worked in commercial real estate. She posted a smiling selfie on Instagram Thursday, announcing her excitement for a new year she would not live to see. Shortly after 4 PM Thursday, she was struck and killed by a hit-and-run driver while walking in the SOMA district of San Francisco, just 27 years old. Another woman, Elizabeth Platt, 60, was killed...

January 5, 2021
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The Burn Multiple

The Burn Multiple

As the economic crisis deepens, capital efficiency becomes a more pressing issue for startups. Not only is it necessary to maximize runway, it also plays a larger role in how investors evaluate companies. While growth is always prized during good times or bad, investors increasingly scrutinize burn and margins during downturns. Startups whose burn is too high relative to their growth will find it hard to fundraise. Founders should be prepared for this shift in emphasis. This post provides a framework for how to think about capital efficiency. How to Measure Capital Efficiency Two simple...

April 23, 2020
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Get Ready for the 'No-Buy' List

Get Ready for the 'No-Buy' List

SubscribeSign inShare this postGet Ready for the 'No-Buy' Listwww.commonsense.newsCopy linkTwitterFacebookEmailJul 30, 2021Share this postGet Ready for the 'No-Buy' Listwww.commonsense.newsCopy linkTwitterFacebookEmail—BWWhen I helped create PayPal in 1999, it was in furtherance of a revolutionary idea. No longer would ordinary people be dependent on large financial institutions to start a business. Our democratized payment system caught fire and grew exponentially with millions of users who appreciated its ease and simplicity. Traditional banks were too slow and bureaucratic to adapt....

July 30, 2021
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China's Huawei Is Winning the 5G Race. Here's What the United States Should Do To Respond

China's Huawei Is Winning the 5G Race. Here's What the United States Should Do To Respond

In 2015, China added the Digital Silk Road (DSR) to its massive Belt and Road Initiative (BRI). While Beijing uses DSR to offer a suite of technologies to BRI countries, Huawei’s effort to provide next-generation communication networks to countries has drawn the most scrutiny in the United States.U.S. officials have frequently that Huawei is effectively an extension of the Chinese Communist Party. Under China’s 2017 , Huawei, like all Chinese companies and entities, appears legally required to conduct intelligence work on behalf of the Chinese government. According to this analysis, the...

March 29, 2021
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The Killer D.A.. Chesa Boudin’s Decarceration Disaster | by David Sacks | Jan, 2021 | Medium

The Killer D.A.. Chesa Boudin’s Decarceration Disaster | by David Sacks | Jan, 2021 | Medium

Her name was Hanako Abe. Raised in Fukushima, Japan, she lived through the devastating 2011 tsunami and subsequent nuclear disaster and emigrated to America to attend university. After graduation in 2018, she settled in San Francisco and worked in commercial real estate. She posted a smiling selfie on Instagram Thursday, announcing her excitement for a new year she would not live to see. Shortly after 4 PM Thursday, she was struck and killed by a hit-and-run driver while walking in the SOMA district of San Francisco, just 27 years old. Another woman, Elizabeth Platt, 60, was killed...

January 5, 2021
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