What's ugly is only attractive men getting funding regardless of substance. Like a beauty pageant.

This is probably two categories "attractive people" and "men" being conflated, "attractive men" are who you meet on Grindr and not at a VC pitch.

Ah but this is a Keynesian beauty pageant. The solution is not so simple.

https://en.wikipedia.org/wiki/Keynesian_beauty_contest

(What I'm saying here is that if an investor believes other investors won't fund the founders, even for stupid reasons, they should pass too.)