Meet Chris Sacca: The Billionaire Investor That Doesn't Like To Lose | Forbes

From lawyer to Google executive to top venture investor, Chris Sacca, ranking 3rd on the 2015 MIDAS List, can add a new title to that list: billionaire. Forbes caught up with him to talk tech in San Francisco over some coffee, an Uber ride, and a game of shuffleboard.
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[@katknip865]

I really like this series. It's cool getting a glimpse inside some of the top performers. Thanks.

[@dennisliu4980]

name me a billionaire investor that enjoys losing.

[@Space_math.engineer]

Dennis Liu soros

[@anthonyg2889]

Dennis Liu rite stupid ass title

[@Panther016]

the opposite of 'hates losing' is not 'enjoys losing'

[@dylanmeyerson6284]

Actually a lot of billionaires don't mind losing because they learn from their mistakes...

[@christianbailey2695]

Lol

[@syte_y]

May not be losing with investments, but he's definitely losing with his clothes selection.

[@khanmoin155]

Billionaire wear same kind of clothes to save time example nill gates and ll cow boy shirt os chris sacca style

[@4thekulture616]

He’s missed a few of home runs but it doesn’t matter when u hit some home runs. Can’t hit them all the time

[@cashprinter5000]

He turned down airbnb, snapchat, go pro

[@1astrocytecell780]

@@cashprinter5000 go pro was such a scam

[@blyat7276]

@@1astrocytecell780 why?

[@patipateeke]

0:13 'can i get a hot chocolate please? But I don't want any milk, sugar, or chocolate with that.'

[@nightfire4107]

He’s a lawyer? Doesn’t seem like one. In Shark Tank he’s the only one not getting the pitch.

[@daveotuwa5596]

He's one of my friends on Twitter! I tried inviting him onto my Viber (defunct due to WhatsApp's establishment).

[@PretentiousStuff]

no one is gonna talk how this guy has the exact mannerisms, way of speaking and even look of mark zuckerberg?

[@mercykasyoka319]

I really like it

[@3minutessmarter]

A lot of people hate on Chris Saca, but the man kills it. Check out his section in Tools of Titans. *It also explains the shirts*

[@WasabiJones]

people are judging him only based off shark tank, ignoring the accomplishments he's made.

[@stuartjohnson7985]

seems like some pretty bad audio

[@martinb1488]

why are you asking him about coffee

[@nameltpurpose]

Chris Sacca in a nutshell: GoPro, GoPro, GoPro, Uber, GoPro, Uber, Uber, Sillicon Valley, GoPro, Uber..

[@thinkingai6017]

Elias L add an Uber or two more

[@dylangarcia5803]

you forgot uber

[@rameshrnayak]

Instagram be like 🤨

[@jerrynix5206]

I like this guy alot, I'll challenge him to shuffleboard, if I win I want him to be my mentor. If I lose ???

[@Omar-yi2mv]

3rd beatle?

[@schrodingerscat3912]

not sure if i got that either

[@schrodingerscat3912]

statues will be built of Chris Sacca wearing that *Exact same shirt*

[@sixmagpies]

please ..... "in which he's an investor".

[@PiedmonBatista]

I wonder how much should you pay forbes to be announced as a billionaire. Clearly this fraudster is not one

[@subzero4790]

You see you will call your interests good and everybody elses intentions as corrupt to further your cause.

[@SideHustleInspiration]

Every rich person lost sometimes. If you don't get burned, you don't learn.

[@paulerdosdaughter]

uber uber uber all the time

[@thinkingai6017]

Jabulani Phakathi yep

[@deracks8183]

Something inauthentic about that cowboy shirt.

[@amereelse]

The billionaire investor who** doesn't like to lose.

[@chronic_slayer5703]

So his motto is basically if its too hard dont go for it. Great guy. He said he doesnt invest in cancer reserch because he doesnt feel he would impact the goal

[@zeomaiore]

Chronic_Slayer He doesnt feel like its gonna make him money, He doesnt got pharma money

[@maniswil2]

Because the medical industry is known to lie about results and if you're not a biologist you'll get smoked. Look what happened with Theranos - 4 billion in funding, and the products was an absolute fraud.

[@KK-pm7ud]

What he is saying is that he's an expert in technology; not biotech. If a biotech entrepreneur asked him for help he wouldn't know where to start or how to define success. However, if he was dealing with a tech startup like Uber, his experience at Google and in tech would provide a great deal of support to the budding start-up. Additionally his connections are in tech; not in biotech.

[@deepdude4719]

I know first hand how big labs, biologist lie lie lie to the most sympathetic investors. The more sensitive the cause you are if you are the one investing they will abuse you using your feelings.

[@deepdude4719]

@@maniswil2 so true.

[@MISJPEREZ]

no wife no deal

[@jsiszero]

He is known for just hitting the jackpot by investing in every company in Silicon Valley. Not that hard. I seriously don't know why this guy is famous, maybe because he's billionaire by lending money to his rich entrepreneurial friends long time ago.

[@dpen23]

Buck Futter stop hating bro

[@Renzo.Fortini]

Then do it

[@khanmoin155]

Haters

[@OctopussianJubilee]

So much hate and negative energy. Be happy for someone’s success.

[@franzhaas5597]

He sounds a little bit like Gordon Gekko

[@vijiraju6238]

bruh, he looks like Dillon Francis

[@kad27]

Despite what some people say the things he did and what he choose to invest in is what made him the billionaire he is now. For those who disagree with his ways what you have to say about that.

[@andresuhartanto3385]

Lucky simple minded individual

[@lobohermanooo6174]

His wife needs to tell him to stop wearing those stupid shirts .

[@crangel2183]

Great! the interviewer seems a bit angry tho

[@dmbindallas]

crangel21 wouldn't you be

[@cheetocorleone3490]

Aka my parents are worth tens if not hundreds of millions and my dad invested money for me and guided me on my way.

[@karenharris722]

I'm really glad he's not on any new Shark Tank programs. Very arrogant and somewhat abusive!

[@mgorbaty]

He's using his emotions because he's personally invested in a non-growth company. That's highly disturbing. Liking the product of a company doesn't mean it's a growth story and shareholder friendly. They still don't make profit. Twitter is not a platform that advertisers demand. Advertisers know the reach of scope of their audience is limited on Twitter. The average twitter user is probably more intelligent and information seeking. Advertisers don't want that appeal. They look for the 95% of public who are dumb and spend beyond their means.

[@lkmlmlioj]

Twitter user detected

[@danmeadowsmusic]

I still don't understand why Twitter doesn't provide an optional survey or something upon registration that would create a feed for me of tweets I'd be interested in. I seriously have no idea how to make the platform work for me after having an account for 10 years. Also, a social media tool's popularity and daily logins are largely driven by how addictive they are, and Twitter to me lacks any addictive nature about it. It's boring.

[@quantumevolution4502]

its all about connecting to a network that provides value to you.

[@deepdude4719]

How do you know all this? Interesting.

[@Relaxedjack]

Billionaire but can’t afford another pair of clothes I guess

[@Relaxedjack]

Does he just wear the same outfit all the time ?

[@deepdude4719]

I love to invest in rigged games!

[@alexthejam]

Don't trust a person who doesn't drink coffee :D

[@AirplaneFreak]

*who

[@midnightsxtc]

He talks about corruption of lobbies in gov. then he says he likes rigged games where he has a competitive advantage knowing he will win. If lobbying causes things to be rigged to create competitive advantage isn't he being hypocritical? Are Uber drivers really making money or is the system designed to profit off of desperate people who wanna make a buck and a living?

[@mooseknuckle8334]

Billionaire i get it. But lose the fuckin shirts or atleast wear the hat!

[@gerard4039]

To be rich you need to have luck , meet the rite peoples , grow in the rite environnement , have the rite ideas in the rite time , so I don’t like people’s that day they become rich because they are clever , because the most clever peoples in the word rarely get rich , and name me s Nobel price winner that is event a multimillionaire !!!! None , and I think someone that invent a drug for patients deserve to be riche more than a guy that invent a little gismo , but it’s just life ,

[@liopergonsd58]

a white jewish guy billionare , who would have guessed

[@paulerdosdaughter]

uber uber uber. my wife my wife my wife.

[@WasabiJones]

dude why are you such a hater?

[@BLUEGENE13]

basically copying vice

[@TomWhitchurch]

BLUEGENE13 vice didn't invent documentaries

[@theoubliette]

Wow, this man passed on Pinterest and Snapchat?? I suppose investing is artful analysis and observation skills in the form of gambling, other times, its like watching rich kids allotted too much money and freedom.

[@fuckinmetal1982]

it's always easy to say, "i cant believe he didn't invest!" after the fact... every time you swing you aren't going to hit a home run. the best hitters in the world strike out 2 of 3 times. you just need to be "right" once.

[@MOTIVATIONBYDAR]

Let's see he is a billionaire so I think he knows what he is doing...

[@MrSevenEleven]

I know right! It's a good thing you saw the opportunity and invested though. So how much did you make on that investment?

[@LateStageCap]

Snapchat would be a terrible investment, They´re down 75% from the IPO

[@lilmanjune02]

chris should take the place of barbara on shark tank

[@joelratemo4259]

Someone should take you place in life

[@wmurray003]

He always seems so disingenuous.

[@cl9282]

These are not manly men.

[@jovandenbroeck563]

most of the billionaires are slim and clumsy but they can buy your girlfriend​

[@MilesDixon]

C L lol

[@rohitramchandani6165]

But these are rich men

[@pedromeneses5661]

the women you meet do not have standards it seems, only money suffices to them? are you from the u.s. by any chance?

[@SKU11CRU5HER115]

The prime state of being is having the wit and means of a limp-wristed billionaire and the street smarts and brawn of a cowboy.

[@creatingreality291]

Mmmm... dont care

[@brettyoung6045]

Sure a billion dollars is great, but being an investor just seems boring...

[@Elliotrail]

Drones and Sneakers depends on what u think personally i love being an investor. Not a billionaire but on my way there and it’s a great ride if you enjoy the field

[@ellislyon4804]

quite an ignorant comment, being an investor seems boring? im guessing your a dull person, who spends most of his free time watching sports. Being a investor seems really fun, you have to learn a lot. But when you get good at it its very exciting. Also you can amass a great amount of capital, now sure you can lose a lot as well. Its risky and thats what makes it fun. Too many people like you in this world, who would love to have a lot of money but obviously would never have the skills/inquisitiveness to make it a reality.

[@spermwhale8236]

Ellis Lyon *You seem DULL*

[@schrodingerscat3912]

being an investor is the most fascinating, exhilarating, intellectually engaging careers a person can experience. once the first investment or trade is made, life changes forever. you never realize what money is until you wake up to a profit without having to put in hourly labor.

[@dmbindallas]

About 40 seconds in before acting like a tool: "I mean I've had like 6 - 7 cups (of coffee) in my life. So I totally get it, right?" Is there a more douchey way to say that? Wow it took more than a minute before uber came up...slow day