Oh man. Wish I had known this earlier. Maybe I would’ve jumped on the bandwagon. Moskovitz has to be worth between $10-30B with Facebook nearing a trillion market cap. $7.5-$10M daily stock purchases is nothing for him. He could do it for 60 total days without affecting him financially at all.
I have to check the comps, but Monday.com was valued more than Asana just like two weeks ago and far more before the pumping began. How much better could Monday.com’s financials be
I find the name Asana for a company, to be offensive as cultural appropriation. Secondly, I am absolutely opposed to the Surveillance Capitalism model, which these people have driven relentlessly. This combination feels dystopian.