Bret Taylor, Facebook’s Chief Technical Officer (CTO), is leaving the world’s biggest social network this summer to do a startup with Google App Engine founder Kevin Gibbs.
Being one of the first in a wave of Facebook departures being heard off, many Facebook employees including one other executive are already planning what to do next. The move is likely to be of concern to some over the newly public company’s ability to hold onto entrepreneurial talent, especially in the wake of continued intense media and investor scrutiny over its rocky IPO last month. That’s especially true since Taylor has been in charge of platform and mobile efforts at Facebook, a critical arena for it.
So is this a harbinger of a hiring sea change? Facebook has had a monopoly on the best and brightest engineering talent for the past couple of years and it’ll shake the Valley to its core if this is indeed the case.
WE SAID THIS: So is this beginning of the end of the social giant? Or a start to many others?