What if you have great technical people in the beginning who happen to have no equity stake? They leave as soon as something better comes along. Giving them eq

What if you have great technical people in the beginning who happen to have no equity stake? They leave as soon as something better comes along. Giving them equity [with vesting] prevents that from happening. If the person is okay with just a salary, he'll go work at Microsoft or Google and additionally collect the "intangible" benefit of job security. These aren't difficult concepts.