Most normal people would take that as a sign that the founder has already had a sucessful career in tech, because "FAANG" don't hire mediocre workers. The journalists knowing this trend, use this information to communicate this to people, speaking in their language. (Also this language makes some sense as well.) I don't see a problem.
Their propaganda is working well I see. Having a Stanford degree and being able to answer CS questions (two things FAANG companies love) does not guarantee you'll be a good worker.
