The reason is very simple. If you are in a strange place in desperate circumstances, an experienced waiter finds it fairly easy to get a job. And very importantly, you get to eat on your first day in the job. This makes it a very valuable fallback to have.
If you're a waiter in a decent restaurant, the food will also be pretty good. Furthermore once your circumstances improve, it is a job that you can leave easily.
(Note that Brian Fox's circumstances have definitely improved. He had a successful startup back in the mid-90s.)