I think this community and the tech world in general overvalues engineering and I say this as an engineer myself. In my experience engineering or technology rarely seem to be the reason for a company's success or failure. There are certainly outliers in which a tech is so incredible that it alone can build a company. There are also some engineering mistakes that can be too costly to fix later and people can always be negligent and not do something obvious like proper backups. However those situations are usually extremely rare. The most common engineering mistakes can be fixed with more money. Typically some other factors are what make or break a company. That is what leads to not having the money to fix those engineering mistakes.