...A not-so-subtle way to make one look "wise" without an accountable response. Not useful.
Back on topic, empirically, I know many people involved in startups with _some_ connection to Stanford, probably more so than any other single school. I know many people from UC Santa Cruz, too. Both may be because these are the two nearest good universities near Silicon Valley.
Not so many from San Jose State University. Maybe stay away from that one.