This is probably true on average, but a few other observations from Coinbase at that time: 

1) Because the resignation package was so generous, we also lost a lot of crypto-forward engineers who saw this as the opportunity to go found their startup. Tough for us; good for the cryptoeconomy. 

2) Those who took the exit package skewed more to higher-paid functions (e.g. Eng). I knew plenty of dissenters from our old Portland office (CX heavy) that didn’t agree, but needed to pay their mortgage. Understandable. 

3) Most importantly, it wasn’t about the employees who exited, it was the bold red line this set for acceptable discourse on Slack and in meetings. Political chatter and activism disappeared overnight. Reinforced by some deleted posts (with explanations), the ET showed what would no longer be tolerated. It was incredibly refreshing when the workplace refocused on… work. 

4) The framing was “apolitical culture* ”, not “anti-woke”. This is important, as it did not awaken animal spirits from the other side. I recommend this. (* caveat: politics are allowed only if it relates to our mission, like crypto regulation)

Net-net, this was incredible for my employee experience at Coinbase and it took great bravery from @brian_armstrong to take this contrarian position at that time. I recommend other companies follow our lead.