If it was new stuff, then the people doing it must not be very low at the bottom (by virtue of the org being quite shallow - such as a startup).
Even new stuff in a big company with lots of layers of management cannot make new stuff with excellence. Eventually, probably sooner rather than later, it gets polluted.
Not to mention that in a big org, the people at the bottom do not get rewarded for making excellence in engineering, if the top doesn't appreciate it. SO why go that extra mile, when a mediocre job will earn you the same salary? You'd be more incentivized to move jobs to grow your pay instead, and use this as a stepping stone.