There's a certain irony here given that his massive wealth is because of VCs and his involvement with them (read: designing a product whose focus was returning gains on their investment) on Web 2.0.
I don't disagree with the point he's making here, and I'll acquiesce that his involvement with VCs/Web 2.0 gives him a unique perspective, but I just don't want to hear from someone who absolutely has been a huge part of the problem for the last decade or more.