**Do you want to request a _feature_ or report a _bug_?**
Bug

**What is the current behavior?**
When you create a textarea with value and placeholder set and click into it using IE11 the value is reset to empty string.

**If the current behavior is a bug, please provide the steps to reproduce and if possible a minimal demo of the problem via https://jsfiddle.net or similar.**
https://jsfiddle.net/xu26gt71/2/

**What is the expected behavior?**
The value of the textarea stays the same and the cursor is placed at the clicked position.

**Which versions of React, and which browser / OS are affected by this issue? Did this work in previous versions of React?**
- React 15.0.1
- IE 11
- Windows 8
- It did work in earlier versions

var props = inst._currentElement.props;
    if (__DEV__) {
      warnIfValueIsNull(props);
    }
    var node = ReactDOMComponentTree.getNodeFromInstance(inst);
    var value = LinkedValueUtils.getValue(props);
    if (value != null) {
      
      
      var newValue = '' + value;
      
      if (newValue !== node.value) {
        node.value = newValue;
      }
      if (props.defaultValue == null) {
        node.defaultValue = newValue;
      }
    }
    if (props.defaultValue != null) {
      node.defaultValue = props.defaultValue;
    }
  },
  postMountWrapper: function(inst) {
    
    
    var node = ReactDOMComponentTree.getNodeFromInstance(inst);
    node.value = node.value; 
  },
};
function _handleChange(event) {