Haha, great article and in many ways probably correct. The other side of the coin, is the investors who believe that they understand markets they are clueless on.
They also drink their own kool-aid and think that anyone can do the daily hustle and just run a startup with no understanding, relationships or other that relates to the business.
After all, you cracked the market, built relationships and got traction, therefore anyone can do it. However, they are not willing to do the work, put in the hours or the hustle, after all their personal balance sheets when thrown down on the table, should be enough to drive the business.
Startups are work, and not for the feint of heart. They are all consuming and require, actually demand your full attention, time and dedication.