From my view, the argument behind the article is not very strong. His best data point is that he talked to an entrepreneur who didn't know what to do with $20

From my view, the argument behind the article is not very strong. His best data point is that he talked to an entrepreneur who didn't know what to do with $20 million. The argument that technology start ups don't create value seems to be disproven by the current valuations of Google, Facebook, Twitter, etc.