Sunday, September 29, 2013

Should Facebook Start Its Own Version Of Google Ventures?

TechCrunch_-_Convo-2Over the past year, Facebook has seen its fair share of departures from employees and executives who are either starting a VC fund or camping out at a firm to figure out what their next startup or company will be. In the past two weeks, product manager Justin Shaffer left, and rumor has it he is starting a VC fund. Facebook engineering and product lead Greg Badros announced his departure, and it sounds like he'll be focusing on investing. Former Facebook exec Chamath Palihapitiya has been collecting technical talent from Facebook into his EIR program. And there are many more examples of Facebookers going to VC firms or starting to invest of late. Our question is, why doesn't Facebook just form its own venture group so some of these employees could stay connected to the company?

Source: http://feedproxy.google.com/~r/Techcrunch/~3/uNvFz-KSNco/

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