Facebook billionaire commits to San Franciso

April 30, 2012 by  

A Facebook co-founder has celebrated the launch of his new company’s flagship project management software.

Dustin Moskovitz, who used to share a room with Mark Zuckerberg, is one of the world’s youngest billionaires. However, he isn’t tempted to live the champagne lifestyle – the 27 year old has found himself back at the sharp end of San Francisco’s business startup community.

Moskovitz, along with his partner and fellow former Facebooker Justin Rosenstein, has just unveiled the first pay-to-use version of their web based project management software Asana. Although already set for life, with his wealth set to dramatically expand thanks to Facebook’s imminent IPO (he has a 7.6% stake in the company), he still feels that he has a lot to offer.

During a recent interview at their offices based in the Mission District, they stated that they see their work as “an act of service”. Were they to retire, they argue, they wouldn’t be serving anyone. With Asana, their goal is to allow end users to manage projects and assign tasks in a versatile, speedy manner. In fact, the product’s name is taken from a yoga pose which aids the flow of energy within the body.

Yoga plays a major part of their company’s working day. Aside from the usual perks associated with working for a tech firm such as digital business cards, employees are encouraged to take part in regular yoga sessions held at the office, have access to a dedicated, on-site chef and are treated to $10,000 to spend on computer equipment.

Having already made one fortune, he may well make another – Asana has already been adopted by big name tech firms such as Twitter, Foursquare and LinkedIn.