I'm hoping the parent is making a joke by riffing on the absurd technical requirements demanded by startups for working on what amounts to a glorified CRUD webapp. The math heavy analysis that a CS degree provides just isn't necessary for, oh, 95% of programming jobs. The people who design the systems for reliability or process "big data" at huge companies with real scaling issues (Google, Facebook) need to have such training.
On the other hand, these companies do need talent who never the less have skills that are rleatively rare. They shouldn't need to pay engineers the $200k+ salaries of big companies, but expecting to get median quality engineering without paying more than $110k/yr is as ridiculous as a non-degreed "webdev" expecting $180k/yr because he can slap some customizations on bootstrap and poke around a Ruby codebase.