Yeah, fair point. This is more an answer to “how can you have such a large product/development team, and ship so few new features”, as I believe that’s a natural consequence of having a larger business, with far more communication overhead, far more focus on planning and predictability, etc. That’s not necessarily bad for the business, but it does mean you have a lot of people shipping a relatively small number of features, especially compared with your velocity in your startup days.
Remember there are businesses that do well writing no code at all! Code or features isn't what it is al about, but in a tech company it is somewhere between nothing and everything.