I think the author is seriously confused over the value of some crap his startup created in a couple man years vs actual products with market share, long term maintenance and thousands+ of man years of engineering/testing/documentation time. He even admits that they were rewriting large parts of it on a regular basis. That by itself indicates much of the code actually had little value, if the engineers themselves wer…
I would also argue that rewriting your code somewhat frequently is part of good engineering. As you discover more of the problem, old code needs to be discarded. Usually what happens is that you start solving problem A, then realize a new need to solve problem B. But really it would've been much better to solve a combination of the two, problem C, which requires an entirely different approach than dumping new code for B onto the old codebase for A.
It's actually part of why I wrote the article, because I do honestly believe it is a common misconception that rewrites are more expensive than modifications (although I'm sure that's true in some cases).
Also, I gotta say, while I appreciate that you took time to comment and chime in with the discussion, the way you worded it was quite rude and a bit hurtful.