[woggg]

"This is one of the reasons why young people often make for particularly good founders. They don’t have a lot of other commitments."

Bleah. It's a balance of ability, interest, commitment, urgency and experience. Interest and commitment are not the same thing and neither is urgency. Experience does have value.

You limit yourself pretty badly if you follow this youth principle. Finding a twenty-something willing to bang his/her head for 80 hours a week is about the least useful thing a startup can do.