I’ve worked for companies with less than that in total personnel expenditures (100ish people) and they were actually economically productive / provided a tangib

I’ve worked for companies with less than that in total personnel expenditures (100ish people) and they were actually economically productive / provided a tangible service. With 15 million and a year(ish) I could spin up dedicated teams to build multiple profitable applications. That sounds like hubris, and maybe it is, but i’m pretty confident given my domain knowledge. Has everyone gone crazy?