Right... but the engineer who leaves still made that extra money with a good offer. They just had to follow through on leaving. So what happens is everyone imme

Right... but the engineer who leaves still made that extra money with a good offer. They just had to follow through on leaving. So what happens is everyone immediately finds and accepts a better offer. This is quite literally what happened in a startup I was with. When people talk about "churn" Im not sure they have witnessed entire disgruntled teams paid like 60% market rate (at best) just drop tools because the "mission" of the company wasn't enough anymore.