Big companies lack the freedom because they have to answer to institutional + activist investors, and institutional + activist investors want to see a sweat shop. They get nervous if they think people are having a chilled time at home.

This is a caste culture issue. It's orthogonal to productivity and real returns.

If you set up your chilled culture, you'd better stay bootstrapped. If you take VC money, most are going to push for a less liberal line.