Interesting - so even in startups you've got to be a member of 'the club'? If you went to a local state school and could write circles around the club members, that doesn't count? I would see that in some fortune 500 execs, but startups? odd.

Bunch of my peers were hired in the $100-140 range across the T3s straight from undergrad. Complete no-name school outside of US.

Attending an Ivy makes it easier for you to be recruited, since offers literally find you. At a lesser school you can still do well, it's just you have to find the offers.