Management at big companies like Google is about protecting your $1M+ paycheck a year and not about innovation. You don’t rock the boat and you don’t stick your neck out. These companies are not hungry, they are simply greedy.
You're underestimating the complexity of the game. It's not certain that not sticking your neck out protects your paycheck or the company's profits. Some other company or employee may be willing to take more risk and succeed.
The beautiful thing about this is that any half-bright kid could come along and kick these executives to the curb. There is zero technical barrier to entry in home automation products; the technology is dead simple. The only problem is that you cannot get conventional VCs to fund it because the only way to achieve high-growth and a rapid 10x exit is to spy on people. But if capital were available for moderate-growth, sustaining companies, privacy-respecting HA would be an easy market to penetrate.
> But if capital were available for moderate-growth, sustaining companies, privacy-respecting HA would be an easy market to penetrate.
There is, you’ve described a small business loan. The problem is that you can’t be entering a new field. No investor wants to give money for a high risk, low return investment.
This. Any company pass a certain size has a legion of upper, and middle manglers whose sole responsibility is risk management, and paramount to anything is the risk to the personal wealth and progression of said manager. There is very little incentive to 'innovate'.
