I would most definitely say that. I've hired from corporate cultures far more rigorous than Microsofts (Samsung springs to mind) with great results. A smart engineer who can get things done is a strong engineer regardless of where they've cut their teeth.
One only needs to look at all of the startups that IBM, famous for their bureaucratic structure, too see what rubbish this is.
Divisions and collaborative ventures that start in a large companies' research lab and eventually split off or are sold to another party are not startups.
One only needs to look at all of the startups that IBM, famous for their bureaucratic structure, too see what rubbish this is.