"Wouldn't this be a chance where an experienced employee would be able to use their skills and experience" Yes, in theory. However, particularly in the case of

"Wouldn't this be a chance where an experienced employee would be able to use their skills and experience" Yes, in theory. However, particularly in the case of startups, many of which are led by smart but relatively inexperienced founders, those founders may not have the wisdom or humility to listen to the "grey hairs" who actually have seen the potential failure mode before. A 24-yr-old CTO may have trouble leading a 55-yr-old software developer who's been coding since before the CTO was born. Not all, of course, but far from 0%.