Technowize Magazine - - Cover Story -

Net worth: $13.6 bil­lion USD How he made his bil­lions: Face­book, Inc., Asana Good Ven­tures Lo­ca­tion: Palo Alto, Cal­i­for­nia Age: 33

As “the­face­book.com” started to grow, Mark Zucker­berg brought in fel­low Har­vard stu­dents Dustin Moskovitz and Ed­uardo Saverin, An­drew Mccol­lum, and Chris Hughes as co­founders to spring­board the web­site into a so­cial be­he­moth. What’s re­mark­able about Moskovitz from all the other co­founders is that he learned pro­gram­ming in just a cou­ple of days to help Zucker­berg do the ex­pan­sion. Face­book’s first CTO also dropped out of the Ivy League school af­ter mov­ing to Palo Alto, Cal­i­for­nia, to work on the so­cial net­work full-time. In 2008, Moskovitz left Face­book, Inc., with enough eq­uity to make him one of the world’s youngest bil­lion­aires. A year later, he co-founded Asana with Justin Rosen­stein, a for­mer prod­uct man­ager at

Google and Face­book. The ear­li­est it­er­a­tions of Asana were ac­tu­ally de­vel­oped as a task man­age­ment soft­ware aimed to foster ef­fec­tive col­lab­o­ra­tion be­tween co­work­ers.

The app has rev­o­lu­tion­ized com­mu­ni­ca­tion it­self by be­com­ing a cen­tral­ized man­age­ment tool. It is free for un­lim­ited teams of 15 within an or­ga­ni­za­tion, and $10/ user per month above that. Asana doesn’t dis­close user or rev­enue num­bers, al­though the founders say its users have cre­ated about 45 mil­lion tasks and com­pleted about 22 mil­lion of them.

Dustin Moskovitz be­lieves the Face­book Mafia (the five co-founders) has played a mon­u­men­tal role in the fun­da­men­tal shift to­wards idol­iza­tion of en­trepreneur­ship in the Val­ley.

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