The guy makes some good points, and there does seem to be a lot of questionable startups, but it's not like they're tapping into public funds. Somewhere, somehow, some angel investor thought that it was a good team and a good idea and they were happy to part with their money. It's better that we live in a more optimistic world than one where every crazy idea is a bad idea.

However, how is taking Uber to work every day 'spoiled'? I bet the guys owns a car where he is from and spends significantly more on monthly transportation than I do. For $4 more than a bus, I get point to point pick up and drop off, and save about 40 minutes of my time (which I can use to go work out in the mornings).

And some others have figured out that it makes sense to spend $20 on grocery delivery rather than spending 90 minutes doing it yourself if you're working 60-80 hours per week and make more than $20/hour. To be sure, a lot of people work long and hard. They make certain sacrifices but just because they are not the same sacrifices that the author would make it doesn't mean they're bad.