Henry Blodget: “Facebook’s Approach To Innovation Is The Secret To Its Success”

May 17th, 2010

http://www.businessinsider.com/facebook-privacy-innovation-2010-5

Blodget gets the headline right, and nearly everything else wrong.

I’m really surprised we aren’t seeing more people writing and talking about what I see as Facebook’s key competitive advantage: It’s a data driven company, which is nimble enough to act on that data.

When I look at the Facebook engineering culture I see the best parts of what we’ve done at Flickr, scaled up in a way I didn’t think was possible.

And when you look at the work the data team is doing (which you can get a sense of by the tools they throw off), you know that Facebook’s innovation is being tested, put through it’s paces, and extensively analyzed before most of us are aware of it.

This is a unique combination.

One response to “Henry Blodget: “Facebook’s Approach To Innovation Is The Secret To Its Success””

  1. Isabel says:

    Fully agree, well seen the escalation contribution to success. Most people do not really use to talk/comment about it.