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Mark Shuttleworth

Mark Shuttleworth

Dustin Moskovitz (born May 22, 1984) is an American  internet entrepreneur who co-founded the social networking website Facebook along with Mark Zuckerberg, Eduardo Saverin and Chris Hughes.[4] In 2008, he left Facebook to co-found Asana[5] with Justin Rosenstein.

In March 2011 Forbes ranked Moskovitz as the world’s youngest self-made billionaire on the basis of his 7.6% share in Facebook.

Moskovitz was born in Gainesville, Florida and grew up in Ocala, Florida. He is eight days younger than Zuckerberg. He attended Vanguard High School, graduating from the IB Diploma Programme. Moskovitz attended Harvard University as an economics major for two years before he moved with Mark Zuckerberg to Palo Alto. He went to work full-time on Facebook.

Dustin Moskovitz is a co-founder of Facebook and, more recently, Asana, a startup tackling the problem of workplace collaboration.

At Facebook, he was a leader in the technical staff, where he oversaw the major architecture of the site. He was also responsible for the company’s mobile strategy and development. Starting Facebook with founder Mark Zuckerberg from their dorm room, Dustin has been instrumental in the growth and development of the site since its inception. Dustin attended Harvard University as an Economics major for two years before moving to Palo Alto, California to work fulltime at Facebook.

On October 3, 2008, Moskovitz announced that he was leaving Facebook to form a new company called Asana with Justin Rosenstein, an engineering manager at Facebook who had formerly worked at Google and whom Moskovitz had recruited. Their departures were among a series by Facebook executives at that time. In response, Mark Zuckerberg, Facebook’s CEO, released a statement, saying, “Dustin has always had Facebook’s best interest at heart and will always be someone I turn to for advice.” They planned to create a company that, in their words at the time, “will be to your work life what Facebook.com is to your social life.”

In November 2009 Moskovitz and Rosenstein closed a $9 million round of funding for their new company from Benchmark Capital and Andreessen Horowitz, following $1.2 million of angel investment the previous spring from investors including Ron Conway, Peter Thiel, Mitch Kapor, and Sean Parker.

The new company received some attention for giving its engineers $10,000 to spend on improving the equipment at their desks.

On February 7, 2011, Moskovitz and Rosenstein presented Asana, a software application designed to improve the way people collaborate in groups and manage projects.Asana organised work flow within a news-feed like layout and shared with many of the products created by former employees at Facebook the attempt to address social interaction online.[13] It is powered by Luna, a JavaScript-based web framework developed by the company.

Moskovitz was the biggest angel investor in the mobile photo-sharing site, Path, run by another former member of Facebook, David Morin. It was reported[13] that Moskovitz’s advice was important in persuading Morin to reject a $100 million offer for the company from Google, made in February 2011.

Moskovitz is selling 450,000 Facebook shares for about $8.7 million dollars. He has been selling 150,000 shares a day and disclosing the sales every three days. He still holds more than 130 million shares.

About Joel Johnson

Joel S. Johnson writes for Business Finance Section in AmericaRichest.

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