I don&#x27;t really care about Square&#x27;s investors (sunk costs are sunk, plus ratchets and other protections), but what does this do to employee retention (and hiring ability)?<p>I assume people who joined years ago will still do fine, but what about people who joined in the past 6-12mo?  Will they get repriced options?  Are cash salaries all people care about?  Square <i>has</i> (and still does) have some great people, and it&#x27;s a &quot;robust job market&quot;.