Tangential point, as a Stanford CS grad who did an internship at Microsoft while I was there:

>The best developers and most intelligent students all came from MIT, CMU, and Waterloo (I met no Stanford people).

Stanford people strongly prefer to work in SV, either for startups or for Google or Facebook. When I was at Microsoft, there were 12 or 13 other Stanford interns, but most of them were Indian (I'm not) and they generally socialized primarily with other Indians.

Also, now that I think about it, I only managed to meet one MIT person and one or two CMU people while there. I met a lot more people from UMich and RIT than anywhere else.