[h_o]

I don't think this matters. People who want to start businesses will start them - regardless of what school they go to. Sure it's an interesting insight, but don't get knocked by it.

How many unicorns are there where the founder(s) didn't go to college? Plus, it was my understanding that the people who want it more are often less well off - and can't afford to go to these higher priced schools (M.I.T., Harvard etc); perhaps that's a point worth noting too.

Less chips = less flips

*chips referring to 'chips on shoulders'; flips referring to flipping companies

[akhilcacharya]

Top schools generally are competitive or cheaper for low income families.

I think this is meant to be surprising because people from lesser known instituons are more likely to fall victim to institutional elitism - Sand Hill Road VCs are generally not going to take a University of Oklahoma student as seriously as a Stanford student (at least that's my perception, may not be accurate).

[replicatorblog]

Totally, hence we see startups from the U of Calgary and the Missouri School of Science & Technology. Thankfully we're in a world where amazing founder can come from anywhere.

[akhilcacharya]

Who went to MSST?

Im a bit skeptical that school doesnt matter - but I'd agree with you completely if more founders came from my school, ha-ha.

[replicatorblog]

It definitely matters, but our point was that it's not an impenetrable barrier. Stanford/Harvard are still highly represented, but so are some lesser known state schools.

Twitter/Square's Jack Dorsey is the MSST alum!

[akhilcacharya]

Good points. However, Dorsey did transfer to NYU, which is at least marginally better known nationally.