Investors normally always have at least 1x liquidation preferences. Common stock is usually always wiped out when a company is sold for less than it raised.
You think the investors that invested $310M on a $190M ran a charity?
You think that employee that work for nothing in exchange of worthless options are also working for a charity?
Yes, they pretty much are. It's trickle up economics in this world. Employees only work for the benefits of investors and executives.
What's your point?
Labor is compensated peanuts in comparison to capital. Neither is a charity, just that employees are materially worse off in these cases.
I always wondered about this - if capital interest rates are low, shouldn't capital be getting compensated very little? Shouldn't labour be worth more?