I read it more like he's considering what to throw his money at, and it sounds like he wants to throw his money at companies that make good new things.
Leaning on "new" so hard as part of the "good" just reduces to, "Make new-new things that aren't by every objective measure bad and see if it works out in hindsight".
It would be helpful if we understood what good and bad mean to him.
Do you have a source for this that I can read up on?