It isn't unfunny and tokenism is surely a cross-cultural phenomenon in all of its many forms. I don't believe in PC culture and getting offended, discuss away.
My impression is the guy in the OP is genuinely trying and isn't incompetent. If these guys are capitalizing on the very phenomenon you are lampooning by getting large VC sums injected into an emerging economy robinhood style... wouldn't that be... a good thing?
That's what the blog post is flat out intimating. Perhaps I'm naive.