To be fair Google has had a similar unofficial policy for ages and it has worked well for them =)
(Not supporting it either way...a bit undecided myself)
(Not supporting it either way...a bit undecided myself)
Google's company-defining products are (in my opinion):
Search - not relevant to hiring practices, Search came before the company
Gmail - initial version made by Paul Buchheit -
Case Western Reserve University in Cleveland, Ohio.
Adsense - created by Oingo and acquired by Google
Android - created by Danger and acquired by Google
(Andy Rubin - Utica College, Utica, New York)
Chrome - basically Webkit, created by KHTML project and Apple
As far as I can tell, the breakthroughs Google has had are completely unrelated to any Ivy League hiring practices.