because they spell so well [edit:] more seriously, older founders generally have a network of potential investors. If they don't, that's probably a red flag.

because they spell so well [edit:] more seriously, older founders generally have a network of potential investors. If they don't, that's probably a red flag. Also, they tend to have more stable life situations (read: greater cash needs). So, they are not likely to benefit as much from either the cash or the contacts YC provides.