The rest of us don't exist.
(Edit: a better phrasing might be "the rest of us are not found in his taxonomy, possibly because it would muddle the discussion")
Which, given his position, is understandable. VCs can lean on brutally inefficient filters, since they get so many opportunities to recover from lossy rejections. And on the flipside, they can't afford to drown in lossy acceptances. C'est la vie.