Venture capitalists fund ten businesses in all sectors, expecting to get nine flops and one mega-success. A large company doing an internal software project is not a venture capitalist. They have a specific goal in mind and must use their existing assets like manpower, server time, consulting hours, software licenses, hardware, etc. A new software initiative will need to collaborate with provisioning teams, DBAs, business analysts, HR, QA, offshore teams, etc. to succeed. All these employees are not going to collaborate with two different teams working on the same project simultaneously, much less ten teams. So they will have ten failures at the end.