I empathize with the author, and I have no doubt that in retrospect he may have legitimate reason to question the quality of at least some of the advice he received from his investors, but at the same time, in my experience, most successful businesses aren't built by those trying to be visionaries and disrupt industries either.
In my opinion, if you're sitting on a profitable company, with a sustainable lifestyle, in a market that really can continue to expand, keep others out unless they let you put 10 years' profits in your own pocket first.
Once angels are ok with that, they'll be less likely to give you colored advice which may be oriented (even if just subconciously) towards getting your company sold pronto.
There are very few entrepreneurs left who still think for themselves and are in for the interest of others and not for themselves.
The vast majority has become what investors have been forever, followers.
I theorize nobody here, at least those doing a startup, really want to think about the possible failure of their company at some point. I appreciate him documenting his thoughts as he goes through this all-too-common process.
Humans learn through a variety of means, including other's failures. Your perception of 'ideals' here feels like you are trying to skew the topics away from this means of learning. And, it's contrary to what appear to be common hacker ideals, which include:
- Free access to computers
- World Improvement