You know why you know it's bullshit? Because it is based upon the idea that:

- people should spend other peoples' money on stuff those people wouldn't directly pay for

- it is better to sit on the board of a nonprofit or get cozy with the members, and arrange for that nonprofit to give you grants, than to get your hustle on, in a cutthroat, open market

- things are only worth paying for, if you get a tax write-off (Like with government services, right? Don't pay taxes on those, either.)

- that you should be making big bucks for things you haven't even built, yet, or services you haven't yet formed, or that are still in the experimental stage

- that forcing people to front significant amounts of money (through direct outlays or through loss of other income) isn't PoW that separates the truly motivated from the half-hearted and the scammers