Who is more elite - a new grad who has founded a YC backed startup who attended UIUC (an elite and selective CS program at a university that is not viewed as prestigious by society at large) or a Yale grad working on the Hill earning $50k?
As of today, all UCs are viewed similarly from a tech hiring practice perspective, though there is a bit of a geographic bias helping UC Berkeley, but this same bias also helps much less selective and less socially prestigious SJSU.