Absolutely, people have been studying motivation theory for decades. Making up 'stories' might help, but without any supporting evidence or research it seems mostly like pseudo-science to call this the 'Psychology of retention'.
For instance, how many people did he poll? Where did they work? Are they representative of the startup phenomena as a whole? What question was asked and what were their verbatim responses?
At the end of the day you don't work for the big colorful slide at your office, or Whiskey Fridays, or your favorite 80's arcade video game. Cynically speaking, these are just there to make your long work days a bit sweeter.
So what's left for startups to retain their top employees? It's figuring out what truly motivates them. This takes a lot of hard work, empathy, and will. It's a long term investment. As such it might not pay off in the short term, but it might well give you in return the high retention rate you're looking for.