Easy to blame lazy overpaid ICs, but really this is an organizational problem. When I was at a big tech company I was on not one but two different teams that we

Easy to blame lazy overpaid ICs, but really this is an organizational problem. When I was at a big tech company I was on not one but two different teams that were created to build a poorly-thought-out product with no plan and no serious executive backing. Both teams accomplished ~nothing and were re-orged into non-existence within a year or so. We did work hard though, at least until it was obvious that we were going nowhere. I never quite could figure out why they did this. Are these moonshots where they "fund" a bunch of "startups" and hope someone knocks it out of the park and produces enough revenue to justify all the failures? Or is this make-work for some executive to justify their headcount? Or maybe the company was so profitable that they were willing to fund non-profitable enterprises for PR or customer goodwill reasons?