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I disagree with you and I want to say most elite universities have done a bad job except Standford. Elite universities just can't give what market wants because of politics. But unfortunately the only thing matter for a startup to survive is demand and supply of market.

While a startup for startup has to meet what market wants, instead of protecting alumni, professors and students.

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Well go read above-linked article and tell me whether Yale does a good job in the "Human Resources Investment" idea posited by the parent comment.

A bad job in my own ideology. It just creates a system for elites and let them inbreed. While I prefer a system for anyone has a chance to beat the house or lose their pants fairly based on his/her contribution to market.

If a startup for startups to serve their needs will be successful, it will not be like an elite club (because as a young startup, it wants all old businesses out and be replaced by it and it will be there until it will be replaced by other startups). But a new business that requires much lower fee like recruiters/VCs but provide better benefit/cost for startups to acquire resources.

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