alt Hacker NewsIt's true the big company products have been terrible but they also enjoyed a moat that made it harder for competitors to enter.
With this moat reduced I think you'll find this approach doesn't work any more. The smaller companies will also hire the good sales people away.
History suggests otherwise, and there's nothing particularly special about this moment.
Microsoft survived (and even, for a little while, dominated) after missing the web. Netscape didn't eat its lunch.
Then Google broke out on a completely different front.
Now there's billions of dollars of investment in "AI", hoping to break out like the next Google... while competing directly with Google.
(This is why we should be more ambitious about constraining large companies and billionaires.)