Fewer entrepreneurs?

In the article "The case for fewer entrepreneurs", Francisco Dao makes an argument that there are too many entrepreneurs now and that it might be a good idea to start discouraging more people to pursue entrepreneurship. He says that if weak start-ups are left to die quickly, their human resources can be used to power the initiatives with the greater chance to succeed. This way, it might be also better for investors to invest more in small, highly-talented teams as opposed to less in many not so talented ones. With more money, entrepreneurs would have been more committed to their goals, he says. In the past, investors have tried to finance every would-be entrepreneur, which should have spread their resources too thin.