Often when people start recruiting at an IT organization. From day one you start to face the HR issues of fighting for the right people with big wigs like Infosys,Wipro etc. These companies often use strategy of campus placements by truck loads. Sorting through the stuff 6 months down the line.
With IT salaries for a fresher touching new heights every year. Often it make you wonder should you be concentrating on running the business or writing the technology software on your own. The answer is concentrate on Selling the product and selling the business as compared to sitting down and writting the code all by yourself.
Now getting back to the topic who should you hire and who should you dont. Often the question is if you goto IIT or any other technical institute of your choice why would student select you keeping mind salaries will be lot less on offer and secondly your patience with their learning curve will be less. Now important aspect is you are still better of giving a shot at good institutes as students mindset have evolved and an IIT grad feels he is still better of risking 2-3 years of his out of college life with startup as he/she would benefit from the following
# Chance to learn more and challenge themselves.
# Most of the IITian wish to evolve further from just being tech geeks to IT consultants. Hence overall interaction with product lifecycle gives them opportunity to offer more to other potential employers they wish to work with.
# Get first hand experience working for a startup which can help them identify necessary risks and mitigate them on other peoples expense which will help them if they wish to start their own startup.
So get out their make a presentation to technical colleges of your choice and trust me the scenario around suggest if you are startup IIT students love and respect you too!