Producing something novel and valuable is HARD. Unbelievably hard. The idea is hard. The building is harder. The scaling and steering and feedback is ego-crushingly hard.
When it's valuable, it's frequently enormously valuable. That funds the experimentation, the incremental expansion, the waste. It's hard to really internalize how valuable localization, admin controls, FedRAMP, and onboarding tweaks are, truly, because they all compound. You can't just have the idea and the MVP, you also have to have all the other stuff, and it's hard to come up with new ideas while you're trying to keep a million users happy.
I vehemently disagree that people working at big companies are stupid, or making themselves stupid. There are VPs and SVPs at Adobe and Salesforce that are smarter, more knowledgable, and more productive than any startup employee. It's just structurally hard to move the needle there, and their successes aren't written about in TechCrunch. They're also paid a million dollars a year, and are unbothered by the lack of external recognition.
I'm off founding a startup now, and it's good for the soul, but I don't delude myself into thinking everybody else is blind.
Everyone has the same group think, it bleeds into the way the LLM generates code and ultimately it just rots teams.