The negative selection rule applies transitively. It's not just one extra hire, these bar raisers hire 100s of people. Increasing the company value matters only

The negative selection rule applies transitively. It's not just one extra hire, these bar raisers hire 100s of people. Increasing the company value matters only if you own a stake in it that is big enough to offset the risk. And last but not least, in the context of software engineering and monekysphere(location) the population drops to less than a 1-2K people, not 110K. It's a double-edged sword, if you hire smart people but demand them to act stupid, they will implode the company.