On the surface it is. But I think if you pause and look closely at the state a lot of the big tech firms these days, they're not run by visionaries and innovators any longer. They're run by C-levels trying to appease stockholders, and middle managers trying to appease the C-levels. That's why startups continue to thrive and occasionally outflank the incumbents.
There are very few visionary people left in tech these days. Most have died, retired, or gone on to other things.
I'd like to see a list of people that HN people think are currently "visionary." I have a few in mind, but I'd like to see what other people think, because I'm sure I've missed a few.
In Facebook's case, they are being run by nobody. Never witnessed a more haphazard, disorganized company before working there. Truly frustrating place to work at, ruled by people with no vision and managed through a Kafkaesque system designed to create conflicting incentives for teams supposed to collaborate. I don't miss it at all.
That’s a bold statement.