I frankly still don't understand what's the expectation of such whiteboard exercises. It's just one method, and companies have to understand that one day maybe it will be superseded, hopefully soon. This "we have always done it that way" is ridiculous. If you want to know how good a candidate is, you can easily do it with pertinent questions and maybe a couple of pair programming exercises to see how the person codes, how he/she structures the code in a comfortable situation, not under stress and in an unrealistic scenario -> coding on a whiteboard, as if we had no electricity. Whiteboards should be a tool, not the goal of an interview.