If you are upgrading or installing your physical server which supports ESXi version 7 update 2 with a warning that it might not be supported with future releases, then you are very likely to face this screen "VMware Hypervisor Recovery, and the best part it doesn't move forward but gets stuck. It can become an issue if this happens with an ESXi host which runs production workloads, and you might not have time to rollback.
I faced same issue and thought of writing this post for you, to help with the steps required to work around the situation. VMware would surely fix it with future releases.