> it's going to be much harder for startups to recruit employees with equity compensation, Ageism in the valley is probably caused in part by that. Older devel

> it's going to be much harder for startups to recruit employees with equity compensation, Ageism in the valley is probably caused in part by that. Older developers have already been burnt in 2000 and are less willing to try another round (I have known a few of the virtual millionaire) and even those that have been working through the crisis are going to have a cautious approach. So that tilt the balance even more toward the younger developer working in hot startup and it becomes easy for their owner to mistake correlation for causation and assume older developer simply don't have what it takes. I remember raising my eyebrows when my grand father was skeptical of banks and government guarantees. I have now lived through banks failing, government taking money off private account, ... Today I wouldn't be so dismissive of his concerns. So easy to mistake wisdom for old age stubbornness when you only have had an uneventful short existence.