Seems to me the causality works the other way. Industries where companies are formed from a small number of employee who are individualy quasi-millionaries (el

Seems to me the causality works the other way. Industries where companies are formed from a small number of employee who are individualy quasi-millionaries (elite SV talent) are more likely to function well without a heirarchy than industries built on coordinated entry-level manual labor (Walmart). Also, I don't really get this claim. Valve has ~360 employees with annual revenue under a billion dollars, https://en.wikipedia.org/wiki/Valve_Corporation https://en.wikipedia.org/wiki/Valve_Corporation whereas there are ten companies in the S&P 500 with over $3M in annual revenue per employee. https://priceonomics.com/which-companies-have-the-highest-revenue-per/ https://priceonomics.com/which-companies-have-the-highest-re... Perhaps the comparison is only supposed to be to other tech giants like Apple, which are roughly $1-2M per employee.