In fairness, the next sentence is "If we fail, you get a check.", so I'm taking that more as an attempt at dry humour. Watching a random sampling of videos, the feedback is pretty thoughtful and polite. Of course the valuations aren't going to be the highest bearing in mind the tiny amount invested and absence of due diligence.
I agree. this is just a poor attempt at dry humor. That being said, If you read his manifesto, he sounds very angry about the need for connections to get investors and his anger comes off as crude and disrespectful in general. Maybe it's just me, but he can do without all the contempt and anger and net the same or a better result.
Reminds me of Vancouver VCs who would tell local technical founders that it would be better if they got hit by a bus so they can flip the company.
Nobody likes to work for sharks and it definitely sounds very aggressive, not the type of people that you would want for long term visioned business startups.
VCs are looking for one thing: return on their capital. They are not your friends.
And want to invest with a $1M valuation (http://goo.gl/2686da).
To my mind, not so interesting. Sounds more like shark loans