What does it mean when a straight guy compares a gay guy with his girlfriends?

A man laughs at a man, pointing at him with his finger. The concept of shame and disgrace

Who is he really offending? What does it reveal? Possibly his disdain for his girlfriends, his homophobia, or his misogyny. Could it be all three? It befuddles me to hear someone who claims to love women beyond friendship, and then uses womanhood as an insult. Cheers and best wishes.