Another aspect could be that founders from the Ivy League schools have a better chance of meeting co-founders at school who are similar in terms of being techni

Another aspect could be that founders from the Ivy League schools have a better chance of meeting co-founders at school who are similar in terms of being technically capable, high-achieving, interested in creating startups, etc. Being from an oil and gas town, I didn't meet anyone in my university classes who dreamed of anything besides a corporate job. I'm very lucky that I had friends with similar goals, or I'd never be able to create a startup. Besides that, while you're still an unproven entrepreneur, people can only judge you on your resume, portfolio, background, etc. Fair or not, graduating from an Ivy League school does provide you with some credibility. However, once you have an actual product and traction, where you go to school doesn't matter at all. Just focus on your product and you'll be fine.