I guess it's a viable strategy, but nobody likes it when it's done to them.
Now, however, every time they release something like this, I just crack up laughing. The servers, the software-defined switched network, all of it. It just keeps going. The real magicians have moved on and are now sharing their creations with the rest of the world.
If only I had a copy of that internal post which basically said "either we open-source our own stuff, or other people are going to do it for us, and we're going to be behind the eight ball". I want to say it was a Yegge Buzz post but I can't remember for sure. It's been three or four years.
Leakers, you know how to find me. Contact info in profile.
It's also interesting to look at the mailing list for Cap'n Proto - there are a bunch of folks from FourSquare, Twitter, etc. helping out. Many of them are ex-Googlers, and many cited being big fans of proto2 as their reason for helping out with Cap'n Proto.
Protocol Buffers was this back in ... 2007? Too bad Thrift happened first, right?
This is leading up to the kernel of another post: how to undercut the competition: hire the people who created their Secret Sauce, then have them build it again, but this time, release it to the world. Now the competition doesn't have their exclusive magic carpet to ride around on any more.