His concern isn't unreasonable. Look at the output of a lot of design schools and design agencies. The primary skills seem to be making things that look beautiful and appealing, without a whole lot of concern about end-user value.
That's unsurprising when you consider how many design-school people end up in advertising and marketing, the purpose of which is to manipulate consumer behavior without regard to actual value delivered. Indeed, a concern for end-user value is a positive handicap in that environment; I have friends who have had to eventually change careers because they started to think too much about the impact of what they did.
By all means celebrate companies with designers, but saying "designers created $billions of value" is a bit of a stretch when there are so many counter-examples.
Why do you assume that focusing on design in a startup means that the startup will "solve zero problems"? Admittedly, I'm biased (my startup is in the current batch of The Designer Fund), but the fund is very focused not on "prettiness", but usability and interfaces that work and convert.
I think it's rather unfair that you look at the graphic which is celebrating companies with designers and then rant about design making shitty products. Design is CRUCIAL to a good product, because design isn't "prettiness", it's how people use it and how it works.
Which of those infographic cards would you call shitty? And why?