I think this is about being real with friends. In Avey's case probably dealing with the hustle and bustle of touring/recording/traveling. 3 umbrellas are Panda Bear, Deakin and Geologist. Perhaps a double meaning of they keep him sane and the band is a cover for his personal life. This is an intimate song to them that see beneath the glamour and he appreciates them.
I think this is about being real with friends. In Avey's case probably dealing with the hustle and bustle of touring/recording/traveling. 3 umbrellas are Panda Bear, Deakin and Geologist. Perhaps a double meaning of they keep him sane and the band is a cover for his personal life. This is an intimate song to them that see beneath the glamour and he appreciates them.