Sadly I have worked for such places. At the top somewhere is someone with an ego so large it will always prevent them from taking any accountability or offering a shred of humility. If the market doesn’t like the product, they will blame the market before admitting to any defect in their own thinking.

Narcissistic personalities are constantly rewarded in tech, they play right into the greed of VCs and unmask the fact most investors are completely incompetent.