I’ll bet many of you reading this have a vision of companies like Google, Yahoo, Facebook, Apple and Twitter – just to name a few – as talent magnets. Organizations, unlike yours, that don’t have to fight very hard to attract their industry’s top talent. With brands so synonymous with innovation and “cool,” the best and brightest naturally flock there, right? Well, maybe to some degree, but even those organization are in a war for talent so intense they are doing some interesting things in hiring that you are probably not (but may want to consider).One of the things many of these companies to do is called acqui-hiring. This shouldn’t be confused with aqua-hiring, which is the practice of letting the new hires sink or swim. Acqui-hiring involves established organizations acquiring startups, not for their products, but to bring on entire teams of talented workers all at once. Most companies aren’t open about the practice, but Facebook and Yahoo! are less secretive about their acqui-hiring strategies.
Yahoo! CEO Marissa Mayer doesn’t try to hide the fact that she believes in using an aqcui-hiring strategy. In fact, her first acquisition after becoming CEO was of a company called Stamped, where the entire nine-person team (5 of which were ex-Google employees) were snatched up and incorporated into Yahoo’s New York mobile product team.
And Facebook CEO Mark Zuckerberg has been quoted as saying, “Facebook has not once bought a company for the company itself. We buy companies to get excellent people.”



