Well put. Also the advice he's offering doesn't even seem to be that self serving. The takeaway is be wary about getting to a point in a VC-deal where you have no leverage and the other party may still change the terms. That's good advice in general. And what Marc appears to be doing is making the public aware of a trend he has seen in the industry rather than offering tactical advice or opinions.

After all if what he's saying here is not true, then he is a liar and the investors he's talking about know it.