Not really and not all companies are like this even today. E.g. I knew someone who ran a business repairing some equipment for other businesses. He wasn't hustl

Not really and not all companies are like this even today. E.g. I knew someone who ran a business repairing some equipment for other businesses. He wasn't hustling. He wasn't interested in expanding globally. He wasn't battling competitors or doing anything like that. He was friends with his clients and workers, and ran a business that brought in enough to pay everyone fairly and that was that. Probably 25 workers I'd guess, if that. Of course its different when you are a public company or take on a lot of investor money.