Separating the messenger from the message is crucial here. Being around in the valley for far too long, I've seen the kind of leadership he is griping about. Focussing on the wrong things, shutting down great ideas, moving too slow and outright refusing to acknowledge failures. Eventually the competitors move up ahead and you fail to deliver. You either pull out of the market, continue building a mediocre product that sees a couple of years of "meh" adoption or you buy the competitor. All of which can be avoided.