It's Ok because employees are carrying short term debt, not equity. They don't participate in that upside you're referring to. And, conversely, they are not exp

It's Ok because employees are carrying short term debt, not equity. They don't participate in that upside you're referring to. And, conversely, they are not exposed to the downside either. There are numerous options available for those employees to have equity in that or many other companies if they're willing to risk their capital.