In it, Reed insists the Velvet Underground never intended to make money out of their music and says he was amazed by the negative reaction to their 1967 album The Velvet Underground & Nico.

Asked how he thought his music stacked up against rival bands of the time, Reed pulls no punches. He says: "I know this sounds pretentious, but the other stuff couldn't even come up to our ankles. The level that we were on compared to everyone else, I mean they were just painfully stupid and pretentious. What I mean by stupid, I mean like The Doors.