It doesn't have to be this way does it ?
Startups don't have to comprise merely junior employees. Sure, the senior employees rarely have a skill-for-skill match to your profile. Startups can't afford that kind of redundancy.
But, any competent startup should have a good balance of senior 'ship steerers & NO men' alongside dynamic starry eyed juniors. For product & work-life mentorship, you don't need a technical peer as your mentor. So any senior leader in your startup will do.
For technical mentorship, I do think it is a bad idea to join a startup as your first company. Kind of leaves you without reference. Some avenues for technical mentorship that have worked for people around me are:
1. Universities sometimes have alumni mentorship programs
2. If you worked in a lab in undergrad, your professor or his ex-PhDs are great references
3. Friend of a friend, friend of family. 2 degrees of separation casts a wide net that often catches 1 person who is a good match.
4. If you can find a good technical mentor who just doesn't have enough time, then getting access to their wikis or favorite blogs also works. Sometimes the hardest part is understanding workflows and curating the right information. If someone has already laid it out for you to read, then it's about separating the wheat from the chaff.