Nikolai Mavrenkov already created a good description of the problem on Stack Overflow: http://stackoverflow.com/questions/36893449/textarea-placeholder-isnt-shown-in-ie-11-being-rendered-using-react

I just can confirm it breaks in IE11, but works in IE10 (and other browsers) with React v15.0.2.

var ReactDOMOption = require('ReactDOMOption');
var ReactDOMSelect = require('ReactDOMSelect');
var ReactDOMTextarea = require('ReactDOMTextarea');
var ReactInstrumentation = require('ReactInstrumentation');
var ReactMultiChild = require('ReactMultiChild');
var ReactServerRenderingTransaction = require('ReactServerRenderingTransaction');
var emptyFunction = require('emptyFunction');
var escapeTextContentForBrowser = require('escapeTextContentForBrowser');
var invariant = require('invariant');
var isEventSupported = require('isEventSupported');
var shallowEqual = require('shallowEqual');
var inputValueTracking = require('inputValueTracking');
var validateDOMNesting = require('validateDOMNesting');
var warning = require('warning');
var didWarnShadyDOM = false;
var Flags = ReactDOMComponentFlags;
var deleteListener = EventPluginHub.deleteListener;
var getNode = ReactDOMComponentTree.getNodeFromInstance;
var listenTo = ReactBrowserEventEmitter.listenTo;
var registrationNameModules = EventPluginRegistry.registrationNameModules;
var CONTENT_TYPES = {'string': true, 'number': true};
var STYLE = 'style';
var HTML = '__html';
var RESERVED_PROPS = {
  children: null,
  dangerouslySetInnerHTML: null,
  suppressContentEditableWarning: null,
};
var DOC_FRAGMENT_TYPE = 11;
function getDeclarationErrorAddendum(internalInstance) {