[debok]

I worked for a bootstrapped startup where the opposite was true. While the company was in survival mode, employees were highly valued and the owners had a "we're in it together" type of attitude. When the money started rolling in, their attitude changed to "we are better than you." They moved all their employees to a different office than themselves, and started treating us like we are expendable. They lost all their competent staff in a year, and had to start relying on freelancers to get anything done.