@carnage4life As a company grows and lasts longer, it develops more processes to manage its operations. This can make the company slow and rigid, while a smaller startup that has not faced many challenges is more agile and flexible.
However, this also creates an opportunity for the startup to compete with the larger companies and disrupt the market. If the startup succeeds in becoming huge, it may also face the same problems of processes and bureaucracy that limit its growth. Then, another startup may emerge and challenge it.
This in some roundabout way is the market balancing itself.
@gpowerf @carnage4life
There's some survivor bias in this analysis of course. The majority of startup companies go out of business, often by making the same kind of mistakes the large companies have processes to prevent.
This turnover does gradually remove the processes that aren't useful from the industry's perception of best practice.