First, it's stated as a blind truth with no reasoning. The only thing I can do is say "you're wrong", as there's no basis upon which to have a real discussion.
Second, your repeated use of the phrase "degenerate activism" seems to have no other purpose than to elicit a strong emotional response. From my position it's borderline trolling.
Third, I have no idea what "doomed web startups" you're even talking about.
The entire comment, as short as it is, reads as bait for an argument, rather than an honest attempt to engage in a discussion.