I was going to say, myself: if they want more workers, they could try moving out of the San Francisco-Seattle bubble. Portland, Boston-Cambridge, Texas, Raleigh and New York all have good supplies of tech workers who would love to work on Silicon Valley-grade projects earning Silicon Valley-grade salaries but who won't abandon our entire lives to move to Silicon Valley.
I'm in New York and I'd say that it also has the same problems that Silicon Valley does, these days. Places like Austin and Raleigh seem like very viable destinations, though.
To me it sounds like he's trying to say that the vast majority of startups aren't in a position to offer lavish wages to obtain talent; they're still trying to receive funding to get off the ground. He suggests that the companies should be transparent with the state that "they don't have money yet, but we're hoping to soon" as a pitch that'll draw workers?
