I worked on the Facebook team that did acquihires for awhile and yes, this is basically it. Hire kid doing awesome, innovative new photo startup, have him buil

I worked on the Facebook team that did acquihires for awhile and yes, this is basically it. Hire kid doing awesome, innovative new photo startup, have him build your photos feature and then watch them quit the second they vest, repeat. Does it happen? Yes. Is it a good idea? I can't imagine it is.