Stars Versus Great Teams
July 5th, 2011
Star employees are worth ten to one hundred times as much as ordinary employees.
Facebook bought Friendfeed for $50 million just to get its highly talented engineers (co-founder Brett Taylor is now Facebook’s CTO). Last year, Google made a $3.5 million counteroffer to a staff engineer to keep him from going to Facebook. And this year, it paid two top product managers as much as $150 million to keep them from going to Twitter.
