WSJ has a good story about how the tables have turned: once execs left old-line companies to join Yahoo, eBay and the likes. Now, they are leaving the first generation Web companies to join the new startups. The two big Net companies are grappling with the same challenge of how to retain employees that other mature tech companies, such as Microsoft, have faced.
Many are leaving eBay and Yahoo now because they have already grown rich from their stints there. And there is little financial incentive to stay, the story says, with stocks of these companies being down. Another reason: part of the employee exodus also stems from the bureaucracies that developed as the companies grew.
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