Basically, what he does is whine and whine about the lack of talent because most fresh graduates want to build a start-up for themselves instead of joining a company.
He tries to convince fresh graduates that they are better of joining established companies because most startups fail anyway. It seems like people distort their values when it comes to self-interest.
I said he does so because he is once the founder of a startup himself. Why would he discourage others from doing the same.