London startups are the same. Oxford, Cambridge, and Imperial grads, everywhere.
Few years ago, when I was more in the scene, I met one of these guys and he told me he was pitching "Uber for Umbrellas" to VCs. Then I got into antler... Let's just say I've become cynical.
Agreed.
And it's not just MBA programs either. People hire who they're familiar with, and who's in their general proximity. SV companies hire heavily from elite California based scools, because often that's where the founders and other top execs went.