The author of this article should be ashamed. The author's argument seems to be that it's better/easier for investors to wipe out employees who vested their op

The author of this article should be ashamed. The author's argument seems to be that it's better/easier for investors to wipe out employees who vested their options but couldn't afford to exercise. Well, no kidding. I would like to present a corollary argument: early investors need to keep pumping money into the company in order to preserve their preferred shares, for as long as necessary until the company IPOs.