Tech: Asana La Vista
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 9 October 2020
⏱️ 32 minutes
🧾️ Download transcript
Summary
You may not recognize the name Asana, but I’m guessing you know the name Dustin Moskovitz. The Facebook co-founder was depicted in 2010s The Social Network and was at one point the youngest self-made billionaire in the world. Moscovitz didn’t rest on his Facebook riches, though. He left the company in 2008 to form the collaboration software company Asana.
On this episode, we dive deep into Moscovitz’s second act in the tech space and whether it might belong on your watch list.
STOCK: ASAN
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Transcript
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| 0:00.0 | Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day. |
| 0:11.0 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyphill. I'm Dylan Lewis. And today |
| 0:16.0 | we're talking financials. Today we're talking consumer goods. |
| 0:19.1 | Wildcar! Wednesday. And we're talking energy. And today we're talking tech. Let's dive in. |
| 0:27.2 | It's Friday October 9th and we are talking about Asana. |
| 0:30.9 | I'm host still Lewis and I'm joined by Fool.com's salty |
| 0:33.8 | superstar sultan of stratospheric sastox. Brian Feroldi had to up the pace |
| 0:38.7 | a little bit on that one Brian to make it through. You did and you did a great job |
| 0:42.0 | as always I continue to strike out with trying to get you to mess up and that actually name suggestion came from |
| 0:49.2 | Robetra 5 on Twitter so if you can come up with a name for me that can get |
| 0:53.9 | Dylan to mess it up please hit me up. One of my favorite recurring bits and I |
| 0:58.6 | always love opportunities to get the listeners involved in the show for folks that don't follow Brian on |
| 1:04.4 | to it already at Brian Frolli hit him up there we are at MF industry focus on |
| 1:08.2 | Twitter. Brian I think that in all of the debuts that we've seen in 2020, |
| 1:14.8 | there's one business that we're going to be talking about today |
| 1:17.6 | that has kind of flown under the radar, |
| 1:19.8 | which is surprising given the pedigree of its co-founder. |
| 1:24.0 | Yes, Asana. |
| 1:25.2 | This is a company that was co-founded by Dustin Moskowitz. |
| 1:29.6 | If that name sounds familiar, he co-founded a little company called Facebook. So I totally |
| 1:34.7 | agree this is a company that did not get a lot of fanfare when it came public. |
| 1:39.1 | Probably a big chunk of that is because it was coming at public same time as Palantier, which got a whole lot of fan |
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