I don't see how to fit in the word "expected" into what he is saying. He says: "Even if you do raise money and sell a company or take it public" Given that s

I don't see how to fit in the word "expected" into what he is saying. He says: "Even if you do raise money and sell a company or take it public" Given that statement "sell a company or take it public" it would appear that we are definitely talking about people that have gotten to a particular point (where the group narrows quite a bit). Not the chance of getting to that point after starting a company. For sure the probability is low for getting to the point of taking your company public (or selling) but once you take your company public in no way could he be arguing that the economic benefit is only $300k. Something doesn't make sense here.