Ask HN: If co. raises $100M in 2yrs wouldn't that greatly dilute employee stock?

Company in question is Turbonomic. Read about their most recent round: http://bostinno.streetwise.co/2017/01/23/turbonomic-raises-50m-round-led-by-former-ge-cio/ Still learning about dilution when it comes to venture capital so if anyone has any thoughts, let me know.