At first glance, it seems this guy is basically just describing the markets and calling traits problems. Obviously you need to invest in a company before its popular for it to be a good investment. A company with a fully stable profit won't even take your investment most of the time. "Mining" is just the process of investment! However, I do not think this is the point. The important point I think he's getting at is not that the markets are evil, but that founders shouldn't be investors. If you start a company, you should be interested in BUILDING A COMPANY, not selling a big company and making a boatload. Obviously, people want to make money, but for some reason the misconception that the cash in hand for a crappy company is worth more than the cash in stock for a great and growing company. Great companies start with people who want the company to succeed and investors who wan to make a buck, not the other way around.