Anecdotally it seems like many of the world’s most successful companies do try to make frugality part of their culture, e.g. it’s one of Amazon’s leadership principles.
Google, by contrast, is notoriously the opposite—for example emphasizing just trying lots of crazy, big, ambitious, expensive bets (e.g. their “10x” philosophy). Also see how Google talked about frugality in 2011.
Making bets on new ambitious projects doesn’t seem necessarily at odds with frugality: you can still execute on them in a lean way, some things just really do take a big CapEx. Granted whether Google or any major tech company really does this is debatable, but I do think they tend to at least try to instill it, even if there is some inefficiency e.g. due to principal-agent problems.
Google, by contrast, is notoriously the opposite—for example emphasizing just trying lots of crazy, big, ambitious, expensive bets (e.g. their “10x” philosophy). Also see how Google talked about frugality in 2011.
Making bets on new ambitious projects doesn’t seem necessarily at odds with frugality: you can still execute on them in a lean way, some things just really do take a big CapEx. Granted whether Google or any major tech company really does this is debatable, but I do think they tend to at least try to instill it, even if there is some inefficiency e.g. due to principal-agent problems.