So what about Google, Yahoo, Cisco, SUN, VMware and all the other technology based companies that came out of Stanford?
Rightly or wrongly, I interpreted the article as being about current startups, e.g. since the last bubble. It seems a lot more accurate in that context. Of course there are exceptions - "MIT" startups on the west coast and "Stanford" startups in the east - but the more important point is about the models themselves rather than the catchy monikers.