Micheal, just once make a post without VC'istan or whatever new derogatory term you've come up with. There's plenty of great stuff out here, and I'm sorry that someone didn't fund your dream, but saying stuff like "Bay Area tech startups are the conservative choice" is silly, and betrays a lack of awareness about a lot that is going on here. And that's fine - none of us know the whole landscape, but only you seem to assume the kind of hubris that suggests you do.
He was an exec at a funded startup, and then was asked to do some very shady crap to screw over the equity slices of employees by co-founders (or VCs) because the employees didn't 'deserve' it.
It can be understandable why he doesn't like them.
