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The Lifestyles of Asana founders Dustin Moskovitz and Justin Rosenstein, by the First days of Facebook to Creating a Brand New startup

  • Asana declared on Monday that it registered its own S-1, the very first step toward getting a publicly traded firm.
  • The group productivity applications business was launched by Dustin Moskovitz and Justin Rosenstein, who left Facebook in 2008.
  • The cofounders worked with Silicon Valley elite at Facebook before beginning Asana, which turned into a unicorn at 2018.
  • Visit Business Insider’s homepage for more stories.

Asana, the productivity unicorn valued at $1.5 billion, also registered an S-1 using the SEC indicating plans to go public via a guide record, Lucas Matney at TechCrunch reported.

Asana was cofounded by Dustin Moskovitz and Justin Rosenstein, who worked at Facebook before departing in 2008 to begin Asana. Moskovitz, who’s currently CEO of Asana, is also a cofounder of Facebook. Rosenstein is credited with producing the”such as” button.

In 2019, Asana declared that it had attained $100 million in annual revenue, and it was concentrated on growing in global markets. A year before, in December 2018, it had been valued at $1.5 billion after increasing a $50 million Series E financing around.

TechCrunchnoted that Asana will go people using a direct listing, which Business Insiderreported as a potential this past year. An immediate listing permits a company to place shares on the public market without fundraising, which normally implies lower lender fees. Slackand Spotifyboth utilized direct listings if they went public.

Continue reading to find out about how Moskovitz and Rosenstein moved from Facebook workers to the cofounders of a billion-dollar startup.

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