Well in my opinion the graduates from the so-called elite Universities with a science or tech. degree are not at all supposed to found a startup at all. I mean they are trained in the finest art of making things possible by using science and engineering not giving a sales speech or making a marketing strategy. These are the things to be done by people from management schools.
Also if a engineering graduate is willing to start a start up he would first like to go to a management grad school. Like the example the author gave for the IIT students, they are not at all trained in even the nominal management skills. The sole purpose of an IIT is to make a promising engineer. The indian government set up these IITs to give india some quality engineers. Not start up people.If he had to look at the start up scene in India he should have taken a look at IIM grads. I dont exactly know about others but the best IIM, the IIM - Ahmedabad is in my city and I know definitely that there graduates are more inclined towards making a start up than getting a job. Also IIM also provides funding to make it much easier for them.
Also if a engineering graduate is willing to start a start up he would first like to go to a management grad school. Like the example the author gave for the IIT students, they are not at all trained in even the nominal management skills. The sole purpose of an IIT is to make a promising engineer. The indian government set up these IITs to give india some quality engineers. Not start up people.If he had to look at the start up scene in India he should have taken a look at IIM grads. I dont exactly know about others but the best IIM, the IIM - Ahmedabad is in my city and I know definitely that there graduates are more inclined towards making a start up than getting a job. Also IIM also provides funding to make it much easier for them.