working at a FAANG company used to be this impressive thing because these companies were ostensibly doing all the most exciting innovation and hiring all the best software people to make it happen.

i dunno if that was ever actually true but it certainly hasn’t been true for years. these companies are not doing anything impressive or innovative in tech, they’re solely in the business of making money.

@jepyang all tech companies stop being able to develop new products at some point.

The management and accounting prevent any actual R&D. There is a small period were they get by with a "skunkworks" approach but after quite a short period those products can't actually be adopted.

(this is one reason why I no longer work for my startup - I have "ideas", I don't deliver incremental updates and I'm generally a pain in the arse as well as not fitting in with the MBA brainworm havers)

@jepyang I've seen it happen in loads of places - I also think google have been unable to deliver anything new for a very long time

Companies switch to buying stuff in order to innovate (look at Apple - very little of their new tech was developed in house and they are still quite good at at least _some_ innovation)

Eventually they lose the ability to even buy in tech and they just become sales aggregators (Native Instruments in music space great example of this)