What are your opinions on this love triangle?

My friend brought a girl to a party as a friend. I met her and we hit it off really well. We have been talking for the past 4 months and hanging out. We also just started sleeping with each other. She does not consider me a boyfriend yet, but only a couple romantic dates will change that.

However, all of a sudden the friend who brought the girl to the party suddenly told her he has feelings for her. He is really close to her, but she never saw him in that way. She didn’t want to hurt him so when he asked her to hang out she said ok (she asked me first and I said it’s alright). She said she loves hanging out with him, but she is unsure if she likes him. She said she loves hanging out with me too and we hug and kiss. But the more she hangs out with the other guy, the more confused she gets.

Both of us know the whole situation, except he doesn’t know we kiss/hug/slept. She seriously doesn’t want to hurt any of us and doesn’t want to choose. She is the kind of girl who goes with the flow and looks for signs for relationships.

The guy and I both care for her a lot, but I fear he has more going for him. He outclasses me in a lot of categories like job, style, more popular etc. I have him on height, sense of humor (although he is funny) and intimacy (hopefully a few more hehe).

Would you guys initiate a contest of who can sweep her off her feet? Let the other guy try to woo her? Give her space to think? I would like to hear some opinions. Feel free to ask me questions, this is a discussion