Ultimately, you can only take equity away from people like that for so long. We're taking the people who actually create the value and firing them so that we can satisfy the hangers-on, meaning shareholders who often 1) don't know they even own MS and 2) are often diversified as to make a real problem with Microsoft not a dealbreaker for their financial goals.
They're also the ones that create the most money.
Ultimately, you can only take equity away from people like that for so long. We're taking the people who actually create the value and firing them so that we can satisfy the hangers-on, meaning shareholders who often 1) don't know they even own MS and 2) are often diversified as to make a real problem with Microsoft not a dealbreaker for their financial goals.