Invest Like the Best with Patrick O’Shaughnessy: Dustin Moskovitz – Cofounder of Facebook and Asana

Invest Like the Best with Patrick O’Shaughnessy: Dustin Moskovitz – Cofounder of Facebook and Asana

Dustin Moskovitz (t:@moskov) is an Internet entrepreneur who co-founded Facebook with Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, and Chris Hughes. In 2008, he left Facebook to co-found Asana with Justin Rosenstein.

The diminishing returns of hard work

Recommendations for younger companies

Starting a new company versus working at an existing one

The Plusses and Minuses of AI

Don’t just work about work! The pyramid of clarity

Give people clarity about what’s most important, what the strategy is, and what the goals are that they’re working towards

The pyramid of clarity from top to bottom:

Most of “work about work” is really exchanging status information and getting on the same page with your team. Time gets wasted because people don’t understand what’s important or don’t understand what somebody else is doing. Help people connect to the higher parts of that pyramid of clarity so they know which things to prioritize and why they matter.

Use culture to set standards

When to consider changing a company’s mission

Persevere as a founder, because I think if you’re going after a really big mission, it’s just often going to take a lot of years.

It’s really important to have that clarity, the separation of when you’re working and when you’re resting. You’re not constantly checking your email and getting push notifications and keeping half of your mind in the work context.

Knowledge workers say they’re spending 60% of their time on what we call “work about work,” sending these long emails back and forth, going to status update meetings, or communicating about work, rather than doing the creative work that will result in output for the business.

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