What ever happened to just doing well enough to pay the bills, your employees, and a touch saved for a rainy day? Thousands of companies operate like this: restaurants, shops, trades, nothing you'd find on the NYSE of course. Why do you need to double in value every few years? Expand exponentially like a cancer? As your company grows and you wrangle more engineering talent into your directionless product, how much innovation are you stifling in the process? These engineers could be founding their own private companies instead of working for your public monstrosity, they could be working on products that are good on merit and bad on profit. We could be years ahead if corporatism didn't invade engineering and silo the best talent into contracts of secrecy, shattering open communication on technology in the process.
Take self driving cars. Quite a few companies are working on the same goal, repeating the same work. In an ideal world these engineers would all be in the same building, sharing notes, running joint experiments, and the end product would be sponsored by all the companies funding the endeavor. But instead we live in a world that values getting there first and 'beating' your colleagues in other companies, even if it takes longer than if everyone was collaborating. We value the dollar more than the technology.