[crunkykd]

Depending on the industry, there is a tendency to hire founders of a certain age group. Certain industries like mfg and international trade favor older founders who have acquired knowledge and widespread contacts over decades. Other industries that need the latest college-produced science & tech favor the newest grads from 1st tier universities. It's all about risk reduction and outsized returns. Where energy and time count most, send in the youth. Where widespread personal networks and deep domain knowledge count most, send in the grey hairs.