His advice is for the masses, so it's don't play the unicorn game. The vast majority of startups are going to end in failure, so not tying your entire personal

His advice is for the masses, so it's don't play the unicorn game. The vast majority of startups are going to end in failure, so not tying your entire personal wealth into them is good because you will more than likely lose it all. Generally his advice is: if you can't take a salary from your startup it's a hobby/side hustle and you should have a job that pays the bills, until you are confident you can do so. Hoping you get a liquidity event is not sustainable advice for the masses.