Some people prefer to aim at the moon rather than look at the ground. The issue with this article is that even if 5% startups will succeed - thats OK. Lets create 20 startups over next 20-30 years then. Because once you succeed - you are way ahead of anything that could happen in your life when just simply working for big company. Yeah, its hard work. Yeah, you will fail few times. So what? At least you learn invaluable things.
Author seems to be missing the point... Not everyone is afraid of failure and not everyone wants good pay every month. Some people wants to fulfill their ego, needs, dreams and the price tag over this is well above living on the edge of poverty.
If author is happy to live in safety of his job and security - great. But dont judge, or try to teach people that dont want to. Its very close minded by him to do so.