Yeah, "get inbound investor attention" is the worst advice ever; by definition, it's impossible. Trying to make people like you tends to have the opposite effect. It's like telling an awkward 17-year-old that he'll solve all his problems with women if he gets laid by a supermodel.
The fatalism is important. I'm glad that someone on the inside has the courage to point it out. The extremely low rate of success for outbound traffic, especially pre-YC, confirms the fatalistic view of the Valley that is, IMO, the right one. If you're born into connections, you're solid. If you have enough before-age-of-carefulness dirt on important people while at Stanford and got in The Club, you'll never have to raise money; you'll be in the position to turn it away. If you're anyone else, though, the best advice regarding SillyCon Valley is just to sit this lifetime out, because the factors that matter most are those you can't do anything about.