Focus on value creation. Design enhances value, it does not create it. Stop creating shitty startups that look amazing.
He’s not saying that you should dump design and designers (phew!), just that he is sick of over-designed new startups that provide no real value.
Think hard about what problem you can solve that a customer will give you $10 for and work your ass off at delivering that $10 of value as fast and as cheaply as possible.