Absolutely not my experience. I used to work for a Japanese company that was almost entirely self funded. They wouldn't even go to the bank and get business loa

Absolutely not my experience. I used to work for a Japanese company that was almost entirely self funded. They wouldn't even go to the bank and get business loans. Your description applies to a substantial number of business units in that company. They also had a "research institute" whose best result in the last decade was an inaccurate linear regression (not a euphemism for ML).