I would assume the material wasn't itself sensitive so much as the tone of the presentation -- for a VC, you presumably don't want to be too edgy/raw in video recorded content which might get viewed by a very conservative LP (the investors in the VC funds -- pensions, universities, etc.).
If this is the case, it makes a lot of sense. He was dressed like the lead singer of a band, cussed a lot and was very candid. None of those are a knock on him, he's awesome and it was definitely one of the best talks.
