Convoluted Logic?

CNet reports about Bill Gates’ announcement that Windows Anti-Spyware is going to be free includes the following truly puzzling quote from the Check Point Software CTO:

"I am glad to see Gates is focusing on securing the desktop," said Gregor Freund, chief technology officer of Check Point Software, which develops desktop security software. "However, there are some serious downsides to Microsoft's approach. Just by entering the security market, Microsoft could stall innovation by freezing any kind of spending of venture capital on Windows security which in the long run, will lead to less security, not more."

Is it just me or do you also consider the term “venture capital” as being a little out of place in this context?