[Zigurd]

The notion that startups are more efficient at creating great products is a massive case of survivorship bias, a subclass of selection bias. A full facepalm duh!

Either he does not understand that, and that's bad, or he is trying to put one over on some very smart employees who do understand that, and that won't work.

You can make a big company less inefficient, but everyone who thinks startup efficiency is simply a culture you can recreate inside a big company is going to be disappointed.