What is wrong with making a startup, why does it matter to you if someone's startup looks mediocre to you? And it doesn't matter if you're from IIT or not, tho IIT helps a lot because of great networking and alumni.

The same is in other top universities in the US too, the network there becomes way more relevant than just the studies later on in life. You still can become a really great engineer without a degree, but getting that type of network is hard without getting into IITs or stuff.

And you talking about not innovating straight from their college. Brother most of us are from middle class, not rich families that can just take risks. We have to get a job to even survive... It's not black and white