There is some insight to his post. If you're very intelligent, there are many points in your life that steer you away from starting your own company. If at any point the best option you have is to start a company, you were probably not a very good student or employee.

This is largely my experience as well. The Bay Area wannabe startup crowd is brimming with idiots, people dumber than your dumbest colleague at work. Unbelievable amounts of Dunning-Kruger.

The actual grind filters out most of them, of course, but if you concede that some businesses are basically luck then some number of those idiots will make it.

Thanks. I'm going to take that as a compliment.