How did Facebook beat Google+?
Speed and innovation.

I was part of the team when rumors about Google+ became strong. I remember most
engineers entered into a war room day after night, iterating quickly and
innovating quickly on user feedbacks.
Out came Facebook groups, Facebook new pages, New Facebook Messages and chat,
and a revamped news feed into existence. All of this in matter of months, at a
scale of 500M MAUs. Till the time Google+ released, they were late.

For most startups, the biggest moat is speed and innovation. Same holds for me
and you. The faster we iterate and innovate, faster we grow. All of us have the
same 24 hours. Make speed and innovation your moat :)

#scaler #innovation #startups