Forbes - USA (2020-10)

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style. Once knee-deep in Facebook’s “move fast
and break things” culture, Moskovitz has been
careful to craft Asana in a more deliberate way.
Wary of being another flash-in-the-pan unicorn,
Asana has focused on long-term viability, with
a decade-old rule not to boost its head count by
more than double in any year.
Valued at $1.5 billion in November 2018,
Asana operates without hype or splashy fund-
raises. That’s in stark contrast to its competi-
tion, which includes monday.com, a New York–
and Tel Aviv–based team-management business
recently valued at $2.7 billion, and Notion, a
next-gen note-taking app worth $2 billion. Part
of that is due to its self-described introverted
CEO. Moskovitz admits he has agreed to speak
at length with Forbes only because his PR execs
promised he wouldn’t have to do any more in-
terviews for the rest of the year.
“It takes time to build the snowball,” he says,
refuting the notion that he was deliberately

At the San Francisco
Museum of Modern Art, upbeat synth music an-
nounces the arrival of Dustin Moskovitz. Clad in
an untucked dark gray button-down, jeans and
white sneakers, his beard closely cropped, he
strides onstage with a microphone and presen-
tation clicker before plunging into a rapid-fire
overview of the new look and feel of Asana, his
work-collaboration app.
The calendar says July 16, but Moskovitz isn’t
at the museum that day. Conducted in the mid-
dle of a resurgence of the coronavirus in Califor-
nia, his keynote address, pretaped in an empty
auditorium and streamed on YouTube, lasts all
of five minutes. No matter: If anything, the lack
of an audience is welcome to the low-key, low-
profile CEO, who matter-of-factly lays out his vi-
sion of the future of work, Asana-style.
Moskovitz, 36, who is worth $14.2 billion,
is best known as cofounder of Facebook with
Mark Zuckerberg. He was the world’s youngest
billionaire for a few years starting in 2011. But
for the past dozen years since he left the high-
flying social network, Moskovitz and his Asana
cofounder, Justin Rosenstein, 37, have been lying
low, quietly toiling behind the scenes to solve an
age-old problem: how much effort we waste in
the meta-work around work.
“We were just kind of shocked and frustrated
at how much of our collective time was going to-
ward trying to establish clarity and getting ev-
eryone on the same page,” Moskovitz says in a
recent video call.
Today Asana’s software is used by employees
at more than 75,000 companies including AT&T,
Google and NASA to help them take back control
of their days by managing everything from writ-
ing a memo to planning an event. (Soon its AI-
powered app will even set agendas and suggest
ways to make workdays more efficient.)
Moskovitz took back his own control by stead-
fastly rejecting Silicon Valley’s hard-charging

A


Culture Creators
Asana brought on
Sonja Gittens Ottley
(left) as its diversity
and inclusion officer in
2015, and Anna Binder
as “head of people”
in 2016. As of last year,
41% of its employees
were women, and
49% identified as
non-white.
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