I agree with most of what this article is saying, but the existence of YC is a perfect counter-argument. Although I've disagreed with PG regarding his opinions on "Zuckerberg-likeness" being important in founders, I know that YC selects for merit above all else. How do I know this? Because PG has stated many times that he is excited about founders from the University of Waterloo in Canada, which used to be unknown on…
Sure, PG is open to graduates that aren't from Ivy League universities. That's one factor. There are a lot of others.