It basically goes like this: Company have thin margins and dev's agree to work for slave wages. Company starts to make millions in IP profits. Employees want to

It basically goes like this: Company have thin margins and dev's agree to work for slave wages. Company starts to make millions in IP profits. Employees want to increase their salaries. Company says no. Employees quit. Company hires new employees, but doesn't have to increase salaries much due to market prices. The employees could probably get employed at some enterprise IT shop and make CRUD forms all day with decent pay, but what a waste of talent.