You have to count all the failed small companies too to make a fair comparison. All the man-hours that went into them is massive inefficient waste. Big companie

You have to count all the failed small companies too to make a fair comparison. All the man-hours that went into them is massive inefficient waste. Big companies manage risk more carefully and I think that's why they take more work to do that same thing. For instance, I sometimes the change the pricing of my small business based on just a feeling. It takes hardly any time at all. But if Microsoft changes the price of Windows, I'll bet there are lawyers and accountants and everything working on it for years, not to mention all the technical work and high level decision making. Seems inefficient but there's some chance my price change will destroy by business because I forgot something important, broke a law, didn't understand my market, programmed the buying page wrong, or whatever. Whereas, for Microsoft, they probably won't get sued out of existence for putting the decimal point in the wrong place because everything's mistake-free.