Asana CEO Dustin Moskovitz on how direct listing helps the business - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 71 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

$4.4 billion Asana used its own tool to plan its successful direct listing today, and its CEO says it proves how useful it can be to its next wave of big customers

and start reading now.

The exercise was an example of how powerful Asana's tools can be to create a "plan of record" and help organizations coordinate work more efficiently, the executives say. Asana — first started up in 2008 by Facebook cofounder Dustin Moskowitz and early Facebook and Google engineer Justin Rosenstein — makes a project-tracking tool that helps teams large and small coordinate and manage their daily, weekly, and monthly tasks. The founders have said theyLeading up to the day of the direct listing, Asana used its own tools to coordinate its public debut, including an Asana project dedicated to picking its ticker symbol, ASAN, executives told Business Insider.

Asana has already built a solid business: Ahead of its listing, Asana told would-be investors last week that it had, up 57% from the same period of 2019, as the pandemic-driven remote work boom drives companies towards the tool. It also showed losses of $33.6 million over the same span. Overall, Asana has over 900 employees globally and 82,000 paid customers.

"When we're all working from home, it is more confusing and it takes more energy to figure out how your work matters," Hood said. "The way that we are working has changed permanently. Even when we go back to the office, there's a new set of tools, like Asana, which will help teams work together more effortlessly."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside MatPat's Game Theory YouTube strategy and business: interview - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Palantir officially begins trading through a direct listing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. $NAK about to pop on partnership. BMogues It just seems like Silicon Valley pomp. Tout a lot about margins and Gov’t but it’s clear as mud where they are going. Kind of feels like the ranks Bring on some more Robin Hooders for the slaughter
Source: BusinessInsider - 🏆 729. / 51 Read more »

AOC asked the SEC to investigate Palantir ahead of direct listing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Do you want a Social Media Manager(SMM)? Please find me here.
Source: BusinessInsider - 🏆 729. / 51 Read more »