My point is that the probability of getting that rich is really low. You need to combine hard work with incredible luck. A very few percentage will get 100x richer than a FAANG engineer.

A typical founder, 10 years in, is less rich than he could have been if he had taken a high paid tech job.

But anyway, PG is saying the same thing he's been saying for years. He wants people to launch startups, and he wants them to shoot for the moon with VC money. He has no interest in bootstrapped companies. Because he's a VC, so he's talking in his own interest first and foremost.