Smile if you feel happy about that. Young companies are always toppling older companies. The idea is easy to grasp. Entrepreneurs are incented to hire people smarter than they are. So they do.
Corporate mandarins have no such incentive.
So they don't. You've hired a one-plus, in this case a 1.10. The best entrepreneurs have always known this. Andrew Carnegie was famously ignorant in the technology of steel. Yet rare is the old-company mandarin with the guts to hire up.