Friday, August 31, 2012

Dustin Moskovitz: Facebook co-founder sells ANOTHER 450,000 shares - and he's been dumping 150,000-a-day for weeks

Facebook co-founder Dustin Moskovitz has been selling 150,000 shares of Facebook stock a day out of the hundreds of millions that he owns.

So far, he has shed 1.35 million shares for proceeds of $26.2 million, at prices ranging from $18.79 to $20.08.

Moskovitz was Mark Zuckerberg's roommate when they founded Facebook in their Harvard dorm-room in 2004.

Moskovitz, 28, left Facebook in 2008 and started Asana, whose software helps manage projects.

He has been disclosing the sales every three days. He did not sell any stock in Facebook's IPO. Read More