Chris Sacca is a former American venture investor, a former lawyer, company advisor and entrepreneur
@Venture Investor, Timeline and Family
Chris Sacca is a former American venture investor, a former lawyer, company advisor and entrepreneur
Chris Sacca born at
Chris Sacca is married to designer, artist, author and philanthropist Crystal English Sacca, with whom he has three kids. In October 2014, he bought a Mediterranean villa in the South Bay, Los Angeles community of Palos Verdes Estates for his parents to live.
He was a Telecommunications, Media, and Technology advisor and campaign surrogate during Barack Obama's 2008 presidential campaign and became co-chair of finance for the Presidential Inaugural Committee following his victory. He also supported Obama's reelection campaign in 2012 and Democratic Nominee Hillary Clinton in 2016.
He is involved with many charitable organizations and has invested in many funds run by women and people of color since Republican candidate Donald Trump came into power.
Christopher Sacca was born on May 12, 1975 in Lockport, New York to Gerald Sacca, an attorney, and Katherine Sacca, a professor at SUNY Buffalo State who also authored books in the field of education. He is of Italian descent on his father's side and of Irish descent on his mother's side.
He grew up in a suburb of Buffalo with his younger brother Brian Sacca, who later became an actor and comedian. Encouraged by their parents, the brothers did a number of creative projects in their childhood, and often went to science museums and or attended book-reading events.
While in the sixth grade at Lockport High School, he showed proficiency in math and later studied advanced mathematics for six years at the State University of New York at Buffalo.
He attended The Edmund A. Walsh School of Foreign Service at Georgetown University in Washington, D.C., where he became an Edmund Evans Memorial Scholar and a Weeks Family Foundation Scholar upon his graduation in 1997.
He then enrolled into Georgetown University Law Center, his father's alma mater, where, after skipping most classes, he threw a party to attain notes and graduated with a Juris Doctor cum laude. In university, he was a member of The Tax Lawyer law review and received the Philip A. Ryan and Ralph J. Gilbert Memorial Scholar honor upon graduation.
While still in law school, Chris Sacca began his career by establishing a company with his student loans, but after the venture failed, he started trading on the stock market with the remaining money.
In 1998, he discovered a flaw in the software of online trading brokers, exploiting which he managed to earn $12 million in 18 months from just 10–20 thousand dollars. However, instead of redeeming his money on time, he took money from friends to invest and eventually found himself in $4 million debt after the market crashed. Realizing that filing for bankruptcy would ruin his prospects as a lawyer, he decided to create a repayment schedule with his broker.
Moving to Silicon Valley, he secured a job as an associate at the law firm Fenwick and West and also worked in the evenings to gather money to pay off his enormous debt. In late 2001, he was laid off as part of a wide scale cut at the law firm, following which he struggled to find work for a few years despite attending every networking event.
Frustrated, he eventually decided to rebrand himself by establishing The Salinger Group, which just consisted of a well-presented website without any contact details. He even got a name-card to go with the brand and, presenting himself as a company, was able to bag consulting jobs that earned him steady payments and incentives.
After briefly working at Speedera Networks, in November 2003, he used his Salinger Group profile to secure a job at Google as Corporate Counsel reporting to General Counsel David Drummond. As Head of Special Initiatives at Google Inc., he helped the company in creating data centers around the world, and with his group, created fictitious LLCs to hide its growth from Microsoft.
Chris Sacca is best known for recovering from a $4 million debt to become a billionaire through risky investments. His venture fund Lowercase Capital has been recognized as one of the most successful venture capital funds in history by both 'Forbes' and 'Fortune'.