Paul Graham tried to add a bit of nuance to your point in a recent essay[1]:
"The empirical evidence is clear on this. If you look at where the largest numbers of successful startups come from, it's pretty much the same as the list of the most selective universities.
I don't think it's the prestigious names of these universities that cause more good startups to come out of them. Nor do I think it's because the quality of the teaching is better. What's driving this is simply the difficulty of getting in. You have to be pretty smart and determined to get into MIT or Cambridge, so if you do manage to get in, you'll find the other students include a lot of smart and determined people."
Also check out the footnote he wrote for the above paragraph. Not that we all take pg's word as startup gospel, but his main point is that connections matter much more than the (final degree) credential.
America is the most successful entrepreneurial country. full stop.
Neither Steve Jobs, Steve Wozniak (at "that" time), Zuckerberg (also, at "that" time), Bill Gates, Paul Allen, and many that are funded by Peter Thiel had undergraduate degrees.
There is a bias and/or cultural regarding entrepreneurship. There is an spectrum between "lifestyle business" and PG/YC definition of a startup. You can be very successful with a company in between and it could perfectly considered a startup or an small and medium-sized entreprises.
Paul Graham tried to add a bit of nuance to your point in a recent essay[1]: "The empirical evidence is clear on this. If you look at where the largest numbers of successful startups come from, it's pretty much the same as the list of the most selective universities.
I don't think it's the prestigious names of these universities that cause more good startups to come out of them. Nor do I think it's because the quality of the teaching is better. What's driving this is simply the difficulty of getting in. You have to be pretty smart and determined to get into MIT or Cambridge, so if you do manage to get in, you'll find the other students include a lot of smart and determined people."
Also check out the footnote he wrote for the above paragraph. Not that we all take pg's word as startup gospel, but his main point is that connections matter much more than the (final degree) credential.
[1] https://paulgraham.com/google.html