: David Sacks to join Rumble’s board — after fellow ‘PayPal Mafia’ alum Peter Thiel throws support behind video platform

by | May 15, 2023 | Stock Market

David Sacks, a tech entrepreneur and member of the so-called “PayPal Mafia,” is set to join the board of the video-sharing and social-media site Rumble Inc., a platform that over the years has become a bigger home to right-wing personalities and content. Sacks, the former chief operating officer of PayPal Inc.
will join the board in the second half of June, in conjunction with Rumble’s
purchase of CallIn, a  podcasting and live-streaming platform Sacks launched.

Rumble executives, in a statement, said the purchase of CallIn — which allows users to create and listen to podcasts — would add an easy-to-use app and post-production tools to Rumble’s ranks of online creators and their followers. “As a passionate proponent of the creator economy and the free flow of ideas, I strongly support Rumble’s unwavering commitment to free speech in the face of growing censorship and government overreach,” Sacks said in a statement. Sacks joined PayPal in 1999 and became chief operating officer in 2002. He is also the founder of Craft Ventures, a VC firm, and Yammer, a software-as-a-service platform that was acquired by Microsoft Corp.
for $1.2 billion. Billionaire investor Peter Thiel, another member of the “PayPal Mafia” — or the group of early PayPal staff who went on to bigger careers in the tech world — is one of Rumble’s investors. The deal is the latest expansion by Rumble, which has advertised itself as a company whose technology is “immune to cancel culture.” The company has become a platform for a growing number of conservative personalities, comedians and sports content. Rumble has partnered with conservative personalities like Steven Crowder and Dan Bongino to broadcast shows, and expanded its broadcasting presence in combat sports — including with Power Slap, a slap-fighting organization found …

Article Attribution | Read More at Article Source

Share This