Comment by azernik

My impression from people who have been involved is that it's not just a self-enriching racket; mainline Cisco is actually really bad at building new products that aren't just minor variations on old ones. Sometimes they innovate through acquisitions, but if there's no external company to acquire sometimes you have to make your own to get your good engineers out of that environment of "sandbagged targets and guaranteed payouts" for a few years.