I think he's not suggesting it's bad to sell your company, but rather that going into a new one with the idea that you're only there to make money is a bad idea.
Hey I think we've met IRL in an apartment on McKinley Ave. You know where I live and that it is not glamorous. I kind of hoped the text on the sidebar wherein I'm begging for money would contextualize the post appropriately.
I'm not at all against starting lifestyle businesses; those also do not have exits.