This is a great problem to have - lots of pent up demand. Nevertheless, it is a problem, and we must actively strive to solve it. It's nice to have lots of demand, yet if the problem is not solved, we will be giving up future revenue. A larger team will be able to support more revenue than a smaller team.
There is no part of this situation where it is a good idea to slow down on hiring, or to compromise on hiring standards.
Ninja edit: this is in contrast to things that aren't a problem yet. E.g., in the article, the author discusses not having password reset functionality. That is not yet a problem in the absence of users. It's not a nice problem to have. It is not a problem.