I'm pretty sure Tom Preston Warner (in particular) would disagree with you. He gave a great presentation to YC's Startup School a few years ago on the subject[1

I'm pretty sure Tom Preston Warner (in particular) would disagree with you. He gave a great presentation to YC's Startup School a few years ago on the subject[1, 2]. GitHub has had one of the best jobs retaining people. Zach Holman disclosed some numbers recently[3] on his How GitHub (no longer) Works talk. [1] video: http://www.justin.tv/startupschool/b/272031754 http://www.justin.tv/startupschool/b/272031754 [2] Writeup http://tom.preston-werner.com/2010/10/18/optimize-for-happiness.html http://tom.preston-werner.com/2010/10/18/optimize-for-happin... [3] http://www.infoq.com/presentations/github-evolution http://www.infoq.com/presentations/github-evolution