<p>Thanks to PapaChicken for this one</p>
<p>I decided to seek input from Carl Schramm, who is probably the world's leading expert on entrepreneurship and education. Schramm heads the Kauffman Foundation, which focuses on advancing entrepreneurship and improving the education of children and youth. It has supported my work. Schramm says that venture capitalists look for talent in the wrong places; they even hire the wrong people in their own firms by focusing just on pedigree. </p>
<p>The university that produces the most blue chip CEOs and university professors, the most Peace Corps volunteers, and the most productive and long-running patents isn't Stanford or MITit's the University of Wisconsin. Students "who do the prestige MBA route find it hard to shake the huge offers and end up becoming risk-averse," Schramm says. Graduates of elite schools tend to be book-smart and have incredible SAT scores, but they often lack street smarts and creativity, he says. Plus, they tend to have a sense of entitlement and superiority that leads to not working well with others, he notes"</p>