Facebook has chosen a distinctive method of regenerating the young startup mojo that it may be losing in this early employee exodus: buying young startups. The company has acquired some eight small companies, most of them in the last six months, and actively promoted their founders: FriendFeed founder Bret Taylor is now CTO and Parakey founder Blake Ross is now director of product. Using cash to buy their companies may cost Facebook more than the average hire, but it refreshes the company’s stable of 4-year stock option vesting cycles, along with delivering a fresh dose of entrepreneurial chutzpah.

The Early Facebook Employee Exodus