HYP may be elite but quite frankly it's to their own disadvantage. For funded startup founders as of 2023, the ranking list was 1) Stanford, 2)MIT, 3)UC Berkely, 4) Harvard, 5) Cornell.

Cornell is consistently seen as "not elite" and in a sense it isn't, same with Berkely. Each of these top 5 schools, besides Harvard, exude a scrappy spirit for challenging the status quo. HYP, is focused on dominating the EXISTING power structure, whereas Stanford, MIT, Berkely, and Cornell are focused on building their own power structure.

https://news.crunchbase.com/startups/top-universities-recent....