Chris Sacca Bio, Age, Husband, Shark Tank, Net, Uber, Companies

Chris Sacca Biography

Chris Sacca is a venture capitalist, business counselor, entrepreneur, and lawyer from the United States. In 2021, Sacca announced his return to venture funding, this time with a focus on climate challenges.

Chris Sacca Education

Sacca studied at Georgetown University’s Edmund A. Walsh School of Foreign Service in Washington, D.C. He studied abroad for a semester at the Pontificia Universidad Católica del Ecuador, University College Cork, and Universidad Complutense. He earned a B.S. in international service in 1997 and was an Edmund Evans Memorial Scholar and a Weeks Family Foundation Scholar. He was a member of The Tax Lawyer legal review and was named the Philip A. Ryan and Ralph J. Gilbert Memorial Scholar at the school. He graduated without attending class by arranging an annual keg party at which classmates were compelled to put their notes in a bin. In 2000, he received his Juris Doctor cum laude in law and technology from Georgetown University.

Chris Sacca Age

He is 48 years old as of 12 May 2023. He was born on 12 May 1975 in Lockport, New York, United States. He was born as Christopher Sacca.

Chris Sacca Wife (Children)

Crystal English Sacca, Sacca’s wife, is also a partner in Lowercase. The couple and their three children live in Jackson, Wyoming, and Big Sky, Montana.

Chris Sacca Family (Parents and Siblings)

His father was an attorney, and his mother was a SUNY Buffalo State professor. Sacca is of Irish and Italian ancestry, with ancestors from Calabria, Italy. Sacca recalls being taken out of school to attend science museums and book readings because his parents exposed him to a wide range of interests.

Chris Sacca House

He lives in Manhattan Beach at 112 Manhattan Avenue, Manhattan Beach, CA 90266. The townhouse has 4 bedrooms and 4 bathrooms and was completed in 2011. The house is in the South Manhattan Beach Sand Section of the Robinson School District, halfway between the shops and restaurants of downtown Manhattan Beach and downtown Hermosa Beach.

Chris Sacca Shark Tank

In 2015, he made his debut appearance as a “Guest Shark” in episode 4 of season 7 of ABC’s reality show Shark Tank, which dramatizes seed-stage investment talks. Sacca then invested in HatchBaby, Bee Free Honee, Rent Like a Champion, and Brightwheel, as seen in three more season 7 episodes. Sacca returned as a guest shark in five episodes of season 8. Among other things, he invested in a company that sells lemonade, and on February 17, 2017, in episode 168, Sacca and guest Lori Greiner invested $600,000 in ToyMail, a plush toy that links to a messaging app. Sacca appears in the ABC sitcom Alex, Inc. as himself, reenacting his interactions with Alex Blumberg.

Chris Sacca Net Worth (Is Chris Sacca a billionaire?)

He has an estimated net worth of $1.2 billion.

Chris Sacca Uber

Lowercase Capital LLC was created in 2010 in Truckee, California, when Sacca completed his Lowercase Ventures Fund I, a $8.4 million venture fund including investments in Uber, Docker, Optimizely, StyleSeat, Instagram, and Twitter. He also owns other non-tech firms, such as Blue Bottle Coffee Company and a high-end restaurant in Truckee. On a personal level, Sacca became very involved in his portfolio firms, attending meetings at Twitter and Uber and negotiating the rights for Uber.com from Universal Music Group when the company changed its name from Uber Taxi. Throughout 2009, he made investments in companies like Kickstarter, Twilio, and Lookout.

In the summer of 2010, Sacca launched a new $1 billion investment fund, and later that year, the fund began to buy huge blocks of shares from Twitter investors, increasing Sacca’s position in the firm.

When Twitter went public in late 2013, Sacca’s linked funds controlled over 18% of the firm, valuing Sacca’s stake at around $1 billion. Lowercase Capital added Matt Mazzeo as a partner in 2013, with Mazzeo leading a new early-stage fund, Lowercase Stampede. By March 2015, Sacca owned 4% of Uber, while Lowercase was “sitting on” investments in Stripe, Lookout, and WordPress parent company Automattic.

According to Forbes, Sacca is worth $1.2 billion, and his first Twitter fund, Lowercase Industry, has grown to 1,500% of its original value. Lowercase was also named one of the most successful venture capital funds in history by Forbes. By 2017, Lowercase Capital had a portfolio of about 80 startups and a range of more mature firms, including Medium and Uber. Sacca announced his retirement from venture investing, as well as his participation on Shark Tank, stating he was “two years late” on his promise to retire at 40. He stated that his firm would continue to support its portfolio companies while making no new investments or raising further funds from investors.

Chris Sacca Companies – Chris Sacca Investments

While working at Google, Sacca began investing in startups as an angel investor. His first venture was in Photobucket, which was acquired by News Corp in 2007. His second investment was in Twitter, where he participated in a $5 million round of financing. He left Google in December 2007 to pursue new chances with early-stage firms. He relocated to Truckee in 2007 and raised a new fund with investors including Brad Feld, Marissa Mayer, Eric Schmidt, and JPMorgan Chase’s Digital Growth Fund.

John Sacca created Lowercase Capital LLC in 2010 and has invested in Uber, Docker, Optimizely, StyleSeat, Instagram, and Twitter. Sacca became personally active in his portfolio firms and invested in companies such as Kickstarter, Twilio, and Lookout. Matt Mazzeo joined Lowercase Capital as a partner in 2013.

According to Forbes, Sacca established “the best seed portfolio in history” with funds like his Lowercase Ventures Fund I, which includes stakes in businesses including Twitter, Instagram, and Uber. In 2020, Sacca created Lowercarbon Capital, a climate change-related fund initially backed by Sacca and his wife. As of August 2021, the firm had invested in 50 companies.