I think you're right. The author is quite wrong on many aspects in my view. One of the central mistake he makes is that creating a profitable startup is mostly a matter of shipping good product i.e.

> Used to be, you had to find a customer in SO much pain that they'd settle for a point solution to their most painful problem, while you slowly built the rest of the stuff. Now, you can still do that one thing really well, but you can also quickly build a bunch of the table stakes features really fast, making it more of a no-brainer to adopt your product.