You're invited to an unforgettable dinner with Craft Ventures General Partner/Founding COO PayPal David Sacks and Chime VP of Business Development Jay Parekh. Enjoy an intimate conversation with David and Jay, curated connections... over a seasonal, locally-sourced meal.
David Sacks is co-founder and general partner of Craft Ventures, an early stage venture capital firm that recently closed its second fund with $500 million in capital commitments. The firm has invested in startups such as Bird, Cloud9, Cloud Kitchens, Sandbox VR, Sendoso, SpaceX, Superplastic, Swarm Technologies, Trusted Health and WAYV.
Previously, David was the founding COO and product leader of PayPal (acquired by eBay). After PayPal was acquired, David created a production company and produced the award-winning independent movie Thank You For Smoking. The film was nominated for two Golden Globes for Best Picture and Best Actor in the Comedy/Musical category, won Best Screenplay at the Independent Spirit Awards, and won Audience Awards at the Munich and Norwegian Film Festivals.
David founded Yammer (acquired by Microsoft for $1.2B) where he grew the company to roughly $60 million in sales, tripling year over year. He also led the turnaround of Zenefits in 2016 as interim CEO. David's angel investments include Affirm, Airbnb, Bird, Eventbrite, Facebook, Gusto, Houzz, Lyft, Opendoor, Palantir, Postmates, Slack, SpaceX, and Uber.
Jay Parekh serves as the VP of Business Development at Chime, one of the fastest-growing challenger banking companies in the U.S, with over 6 million accounts opened. The Chime mobile app has been featured as one of the best Money Management apps in the App Store, and Chime most recently raised $500 million at a $5.6 billion valuation from leading investors including DST, Coatue, Dragoneer, ICONIQ, General Atlantic, and Menlo Ventures. Jay runs partnerships and BD and serves as executive sponsor of inclusion and diversity initiatives.
Previously, Jay was Director of Business Development at Braintree and Venmo, which were acquired by PayPal. Prior to that, he joined Zynga as a Product Manager prior to its IPO, and was promoted several times to Lead Product Manager by the end of his tenure there. Jay began his career in finance and investing at J.P. Morgan and General Atlantic.
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