Tech Industry

Yammer CEO offers $25K bounty for Yahoo engineers

David Sacks is angry at Yahoo, and he's hoping its engineers are too.

The fallout from Yahoo's sweeping patent lawsuit against Facebook continues.

David Sacks, the CEO of Yammer, which is a social network for companies, took to Twitter today to urge Yahoo employees to jump ship.

While Sacks is appealing to all employees, the real crunch among tech companies is for software engineers. Yammer, which has raised $142 million in venture funding, has been battling hard to lure talent. And Sacks, like many in the Valley, is furious at Yahoo and its patent attack on Faceboook.

Here's one of his tweets from Monday, the day Yahoo filed the suit:

And another from March 7th, five days before suit hit:

In truth, a $25,000 signing bonus for a good software engineer isn't high. The demand for coders is intense, and the folks at Yammer and elsewhere are going all out these days.

Yammer CEO David Sacks

This signing bonus certainly can't hurt. But it's more than that. Any restless Yahoo engineer angry at the company's actions--and surely there are plenty--might be attracted by Sacks' approach. He's certainly showing them what kind of leader they'd be working for.

Sacks is a longtime startup guy. He was PayPal's original chief operating officer and product leader, taking the company from startup phase to IPO and eventual sales to eBay for $1.5 billion. He also founded, a genealogy site that lets millions of family members to collaboratively build an online family tree.

San Francisco-based Yammer is sort of like Facebook for companies: employees can post, share and discuss items. It's become an integral tool for many startups, but it's also big among larger businesses. More than 80 percent of Fortune 500 companies use Yammer.