I think a lot of companies get stuck in a "mess middle" where they've outgrown founder mode, but the people brought in to be responsible for various parts of the org chart are not actually empowered.
So you no longer have the permissive open structure of a small company, but are still small enough that the founder is arbitrarily/implicitly making a lot of decisions that have on paper been delegated.
For ICs/people lower down the org chart this is extremely disheartening because you end up reporting to someone who doesn't actually make the decisions, but instead shields you from the decision maker & the decision making process.
I've seen this in ~200-1000 person size orgs.