Do All Venture Capitalists Come From Harvard or Stanford?

Q: I am wondering why is it that the vast majority of all VC partners either come from Harvard or Stanford?

A: (Jason)  I’ll tell you as a University of Michigan guy, it certainly seems like a lot of VCs have pedigrees from Harvard or Stanford, but plenty of folks have degrees from other places too.  We have 5 partners and “only” two have a Stanford pedigree.  Clearly none of us were smart enough to get into Harvard, although Brad went to MIT and I think that qualifies. 

I won’t try to opine that I really know the percentage of VCs with Harvard or Stanford backgrounds, but I searched around the web today and looked at some of my colleagues educational institutions and it appears that much less than half have degrees from there.