The difference is whether you have a GPU installed or not. If you don't, then everything appears on the on-board HDMI 2D framebuffer, which is driven by the BMC, including Hostboot and the Petitboot menu. My Blackbird is set up that way.
If you have a GPU installed and you jumpered it so that the GPU is used, then you may need to put the GPU's firmware into PNOR so that Petitboot will work with it (note that you will not see the earliest Hostboot sequence and nothing will appear until you get to Petitboot). If you don't do this, the system will run, but you won't see anything until the main OS starts. See
https://wiki.raptorcs.com/wiki/Add_GPU_Firmware_To_BOOTKERNFW