Replace the C levels with AI. The C suite is am impediment to innovation and progress. They are the office politics mentioned in this entire thread. The person with the vision and the strategy is a random person out there that doesn't even work for your company. Hell, you could have done it.

> The point is: Technology companies are not immune to human failings, ego, protectionism/turf guarding, bad decisions, bad management, etc.

They only accidentally succeed in spite of those things. They have those things more than existing businesses precisely because having too much money masks the pressures that would force solid execution and results. When you have 80% profit margins, you can show up drunk.