Was too much BERA sold to venture investors?

Berachain co-founder admitted that the project sold too many tokens to venture players. According to him, if there was an opportunity to go back, they would have made a different decision.

Many projects often sin by wanting to squeeze the maximum out of investors at the inception stage of the project. But without investments, they would not have been able to provide marketing and take the necessary steps in developing the blockchain.

By the way, something else is interesting here. Perhaps he wants to warn everyone that investors will drain BERA on X? And there can be no questions for the team here?