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
