I think your big-company anecdote applies more to the SW space than companies that require large investments in tooling, materials, regulatory and so on. In tho

I think your big-company anecdote applies more to the SW space than companies that require large investments in tooling, materials, regulatory and so on. In those cases the bureaucracy is actually necessary and the trick is to make business processes efficient. Startups can't compete easily in those areas, even if you have a do-it CEO. The innovation in those companies might not be as exciting but over the long term ends up generating the majority of wealth.