[xpl]

Startups today are interested in profits, not in valuation.

This means they now need to crank out a working product as quickly as possible, and that means hiring only seasoned seniors with an impressive track record.

Previously, they could have gotten away with having no product at all (all while hiring as no tomorrow, just to pump up their valuation). But those days are gone with the low interest rates.

[vednig]

That is not entirely true though, our team at doshare.me hired a lot of young graduates and we are building and iterating through product lifecycle quickly.

In my experience, seasoned seniors are expensive to get and bring unnecessary conflicts and issues to startups lifecycle.

Until startup has started to actually scale they definitely shouldn't hire seniors with a lot of experience.