Jan ยัน, This obviousely wasn’t addressed to the investors in order to make them feel bad about their decision (I’m sure they didn’t need the reminder to fee that way). This was shared specifically with the other entrepreneurs, who are being rejected now, to remind them that rejection doesn’t mean they should shop believing in and pushing towards their goals. That doesn’t mean Brian isn’t arrogant, which he probably has any right to be . I’d much rather see arrogance of entrepreneurs like Brian than arrogance of corrupt old-money cartels: big hotel groups, taxi unions and insurance industry mafia, who make regulators and city authorities serve their business interests and defend their monopolies by banning AirBnB, Uber and Zenefits.