As many people mentioned below, including etf-to-mark, this really feels like a PR piece for HackerRank, which is a cough YC Company.

As a former Wall Street tech person, I know that JP's story here is overly exaggerated (they're really rigid and still require 3.0 GPA from schools for the two-year tech program they mentioned).

In addition, there are many other companies like HackerRank, and the article fails to mention any of the complaints large corporations and candidates have expressed so far (like you see in the comment section).