It adds value because it weeds out the people who talk the talk but don't walk the walk.

"The entrepreneurs are trying to do something"

Actually most of the time they just talk without doing anything. People who actually try are the minority.

"the author of the article only waits for them to trip and fall."

I want them to succeed, but I also want them to be humble and realistic, so if they declare "I'm gonna make the next Facebook!" then yeah, I'll enjoy watching them fall.

The point of this hobby is to cut down on the level of bullshit in our industry. If many people adopt this hobby, then entrepreneurs will be more likely to think twice before they declare "We're gonna be the next Facebook!" And so when someone does make a bold declaration, there will be a bigger chance that he will actually make good on it. I think that this would result in more honesty in our industry.