As a 41 year old male who didn't attend an Ivy League school (and never even bothered finishing his B.S degree), I can relate to this as well. I mean, we're not trying to raise money so I don't know for sure how VC's will react to us, but from the various informal interactions we've had with various investors and other people in the "startup world" I definitely get the feeling that people don't take us seriously because we don't "pattern match" for them.

But then again, we're going against the grain intentionally in many areas, so it's not entirely unexpected. For one, we're not doing a Social-local-mobile-daily-deals-ride-sharing-uber-for-X application. We're doing enterprise software. BORING, right? We have also consciously chosen to bootstrap while continuing to work dayjobs so far. We'll quit our dayjobs when the time is right, but it's downright insulting when people act like we aren't "serious" or whatever, because we're still working so we can, you know, pay the light bill and buy food.