Yes, but the character who gives that advice is very blatantly portrayed as a moron (by the way, does anyone know who are the inspirations for the character?)
It's a thinly veiled Mark Cuban, who sold his radio on the internet startup to Yahoo and has since managed to increase his net worth from 2.5 billion dollars to a whopping 2.7 billion dollars.
To be fair, he also owns a basketball team.
A measly $200,000,000
The 'radio on the internet' bit seems to point to Mark Cuban being at least a partial inspiration.