I think he's playing the odds, right? He never said that they can't succeed. However, when you're putting your own money on the line, you want to go with what works, or what you think works.
Take yourself, for example. You made a stupid post. You didn't run it buy anyone, but just blurted out uncontrollably. Not someone I'd want to give my money to.
Take yourself, for example. You made a stupid post. You didn't run it buy anyone, but just blurted out uncontrollably. Not someone I'd want to give my money to.
http://www.paulgraham.com/startupmistakes.html