Summary of “Facebook almost missed the mobile revolution. It can’t afford to miss the next big thing.”

As the dust settled on F8 and Facebook executives started to look ahead to what was next, the company’s problem was suddenly obvious: While Facebook had been heads-down for nine months building and preparing for its big conference, the rest of the world was rapidly moving toward smartphones and mobile devices.
If Facebook wanted to survive, it would have to do so by riding that mobile wave.
Mobile devices are still far and away the most popular way people use Facebook services, but after two years of privacy debacles, misinformation campaigns, and political polarization, how they interact with those services is starting to change.
Facebook employees still use Microsoft Outlook for email and Quip for document sharing, instead of Gmail and the suite of Google document services the company used to use until around 2012 because, former employees say, Facebook executives never trusted Google.
What Facebook ultimately launched was a drastically scaled-down version of the original phone plan: a software program called Facebook Home that brought Facebook pictures and status updates directly to the phone’s home screen on Android phones.
“I think the reality is Facebook needs to be investing before it is a big thing in order to build some of the muscles to be competitive.”
If private messaging is indeed the next big wave of communication – and who’s to say it won’t be? – Zuckerberg laid the groundwork for that four years ago when he acquired WhatsApp and spun out Facebook Messenger into its own standalone product, a signal that it was important enough to exist outside of the core app.
Even if Zuckerberg has identified the next big wave, having a plan is different from executing a plan – and Facebook has two major obstacles working against it.

The orginal article.