"I was able to create andrel because a small group of people were willing to give me a second chance, to let me build something great in an important, but controversial industry," he said. "Most of the people that you've gone after this way will never have that opportunity." He added: 'Thank god for investors who ignore him and people like him' The market conditions suggest thre re gong to be a lot of founders losing their start ups over the next year or so.'