2min snip

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Meta CMO Alex Schultz on The Crucible Moments Scaling Facebook to 1BN Users, Turning Facebook Reels Into a Monetisation Engine, Competing Against TikTok and SNAP, Coming Out in the World of Tech; The Challenges and What Needs to Change

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

Iterating and Innovating: The Story of Reels

The speaker and their team tried to integrate their product into different platforms but failed/nThe speaker's product was launched faster than their competition, and it took them two to three iterations to learn from their mistakes and innovate/nThe speaker's team is now working on innovating their product in the specific format of Reels, after having caught up with their competition/nThe speaker emphasizes the importance of learning through repetition and spending time to improve

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