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Yes. That is what he is saying. What's the problem with that logic?



1. In order for there to be a market, there have to be both buyers and sellers, so being a seller creates value and is a good thing.

2. He is saying that if you are a buyer then you are doing it "for the vision", but if you are a seller then you are doing it just for "a quick flip". I doubt that very much.

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There doesn't have to be a market in startups. What is a startup trying to sell, their product or their shares? The lines can blur a bit, but ultimately it's the buyer that's going to take the product forward in the market and generate the value.

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He's saying "don't be one of the sellers". Not complicated.

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