Dustin Moskovitz the co-founder of Facebook is leaving the social networking website to start a technology firm.
Moskovitz with his college roommate Mark Zuckerberg started Facebook almost 5 years ago.
According to AFP Moskovitz promises to remain at Facebook at least one more month before setting out to follow “another passion: making companies themselves run better”.
“I didn’t want to construct efficiencies, I wanted to engineer them,” Moskovitz said of his vision for a new startup.
The news agency said he is taking Facebook engineer Justin Rosenstein with him on the new business adventure.
“Whether I work here or not, I’ll forever bleed Facebook blue,” Moskovitz wrote in a message posted, appropriately enough, on his Facebook profile.
“Our new project is not a replacement for what we build here, but instead both a complement and a compliment, and we have every intention of making it feel like a natural extension of Facebook’s product and purpose.”
“I am enormously excited for the company’s further success, a destiny I’m confident it will reach regardless of my participation in it.”
Founded in February 2004, Facebook is a privately-owned company headquartered in Palo Alto, California.
According to industry tracker Hitwise, Facebook has been closing the gap with market leader MySpace and got 20.5% of US social networking visits in August, a 50% increase from what it saw a year earlier.
By ITNewsAfrica.com Reporter
I followed the evolution of both Google and facebook and I can say that though the gap is much between the two carriers, it is always better to see your work to more useful ends. Google shares lost some value up to 11% since they tried thier hands on cellphone.
I will advice this guy to see what Facebook can do with . It is much cheaper than cell phones an might be the next revolution.
I followed the evolution of both Google and facebook and I can say that though the gap is much between the two carriers, it is always better to see your work to more useful ends. Google shares lost some value up to 11% since they tried thier hands on cellphone.
I will advice this guy to see what Facebook can do with voice over internet instead of new venture that might crash the system. It is much cheaper than cell phones an might be the next revolution.