His reasons seemed really strange to me. If I was considering such an offer, my decision would be based in large part on what exactly the company was doing in the space and whether I felt it was good or bad.
It's like turning down a job with government just because governments sometimes do bad things.
The last phrase about declining it because of the state of the ecosystem was what confused me. There are good parts and bad parts of every system, even when the system is majority bad parts. It seems dismissive to discard both to avoid one.
It's like turning down a job with government just because governments sometimes do bad things.