Well they did go to Stanford and UIUC. Arguably the best school for business and the birthplace of the browser, and one of the best comp sci schools in the country.
I think the point is that he hired people he knew.
Thank you - I had a look at the book description and I don't see how it makes your point (regardless of whether the author is an authority on the subject)
Universities aren't as meritocratic as you might think. I really liked this book, http://www.amazon.com/Price-Admission-Americas-Colleges-Outs... I don't know if I agree with everything, but the realization that the majority of admissions at elite schools are to people who are in some way "hooked" is pretty shocking.
I think the point is that he hired people he knew.