I do think this could be true. Your productivity is way more visible in a small company, execs actually know what you’re working on maybe from day-to-day and most definitely week-to-week. Slackers don’t last long and mediocre developers standout, now why they might be perceived as mediocre is another discussion. My first job was at a big corporation (~150,000 employees) and honestly I saw so much politics and fiefdoms and just generally low quality developers not doing much but they could sneak under the radar because they’re a small cog in the apparatus. My next company (~50-60 employees) the devs were definitely better and way more productive, but it also felt very performative/showy environment of what devs did every what and if you were perceived as not doing enough you definitely stood out. It was a very public, perhaps stressful, work environment with demos every 2 weeks.
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