Google Making Extraordinary Counteroffers To Stop Flow Of Employees To Facebook

TechCrunch:

Facebook is in what's called a recruiting sweet spot right now. Out of control growth in users and revenue and a nearly certain IPO run in the near future. That's when employee growth expands at the greatest rate for a company as it grows from hundreds to thousands and then tens of thousands of employees. And with low priced private stock as currency, companies in that position can generally get anyone they want.

Read the whole story: TechCrunch

Comments

[Ichi The Watcher]

02:27 AM on 09/03/2010

Facebook is not going to last , anyone who over pays for this IPO is out of their minds. Google can sustain their high stock price because they are ingrained into the fabric of the internet , at least in the US they are. Facebook is not a needed service, its just a waste of time. I read a report today on how teenagers are turning away from facebook because their parents are on it too much. I would say that is a big sign the end is near for facebook. It happened to friendster and myspace and it will happen to facebook. But thats just my take

[TEVG]

01:38 PM on 09/02/2010

The Bubbles Gonna' Blow

[uncc49er]

08:22 PM on 09/06/2010

exactly, sooner or later, but surely it will happen.