Yes but he was hired in the ZIRP era where all SV companies were hiring every opinionated academic and giving them free reign and unlimited money to burn in the hopes that maybe they'll create the next big thing for them eventually.

These are very different economic times right now, after the FED infinite money glitch has been patched out, so now people do need to adjust to them and start actually making some products of value for their seven figure costs to their employers, or end up being shown the door.