Am I the only one who thinks the pressure a whiteboard adds is actually something valuable? In my last job there were a lot of situations where you had to solve a real problem under extreme pressure. People who couldn't handle it simply weren't cut for the job. I don't think all interviews should use it but for us it was good for filtering out candidates who would not perform in those situations.
What on earth were you doing that required solving software problems under extreme pressure?! This sounds like an incredibly toxic working environment, where developers are either being allowed to create fires on production systems, or management is completely incompetent or both. Also, being able to "handle it" has nothing to do with anything in this discussion. I'd much prefer to hire someone capable enough to not…
I personally enjoyed it but it's not for everyone.