Is it possible that some companies with e.g. VC funding behave in a similar way to an employee who counts dollars on the clock, padding time with busywork to ma

Is it possible that some companies with e.g. VC funding behave in a similar way to an employee who counts dollars on the clock, padding time with busywork to make it through another payday? There may be a much broader culture of unproductivity, which manifests in this and other ways.