I think his statement is correct in 99%+ of the cases. Of course there are a few startups who will "disrupt" a market with implementation of a new technology. O

I think his statement is correct in 99%+ of the cases. Of course there are a few startups who will "disrupt" a market with implementation of a new technology. On the other hand, assuming that the only reason to start a company is "changing the world" is very stupid and not how the world works. Thus his statement that if you want to "tinker with cutting edge technology" you shouldn't be in a startup is holds true in the overwhelming number of situations. tldr; hipsters will grossly overestimate their ability to "change the world" with that "brilliant idea" they had this morning in the shower, so starting a new company is pretty much the worst path to take, if you want to "tinker with technology".