I've always found the same - there seems to be more accolade to raising funds than there is to actually building a great business, that earns money.
We have an annual week-long startup festival here in Perth, and during that we have a Startup Showdown... in this year's showdown there was a guy who'd bootstrapped his app analytics business to significant revenue, and gained some really big clients in the process.
Pretty sure the winners of the award were just people who had raised funds and were still pre-revenue.
It totally sucks.
That's why I love sites like IndieHackers.com, who actively showcase bootstrapped businesses... although recently they've made more of a turn towards being a community rather than a showcase... which in itself is not a bad thing I suppose.