Exactly. Plus the phrasing of the criticism is so odd: "no longer contributing to the business." Let's all accept that as true, so allowing original employees'

Exactly. Plus the phrasing of the criticism is so odd: "no longer contributing to the business." Let's all accept that as true, so allowing original employees' to purchase for a longer time period simply preserves their ability to be rewarded for their work. That's a good thing, not a bad thing. Plus, the dilution argument is pretty weak: the employee pool is usually 10-20%. So investors get diluted by 10%. Whoopee.