there are a lot of promising 16 and 17 year olds that apply that we can't fund, though i think it's probably a good thing for them that we can't.
as we have also discussed before, the majority of the most valuable companies we have funded have been started by founders in their 20s (with exceptions like stripe on the lower side and zenefits on higher side).
Additionally, I can think of countless examples of "slow starters" that didn't really get good at something until there was something that caught that person's interest.
At best, this is a flawed metric with many nuances to consider. So many that you could probably make the same determination by removing age from the application.*
* If you want to collect demographic data, you can just ask for it in the submission form but not show it in reviews.
Sorry to break it to you, but factoring that into your decision is the very definition of [age] discrimination.
Without age discrimination
>>accomplishments are in light of how much time they've had to achieve them
Age discrimination by definition
As much as we hate to admit it, our brains (like the rest of our organs) start to decline in our 20's.[1] We're not quite as quick as we used to be. We can't work as hard. We take a little longer to learn new things. In almost every discipline, crystallized knowledge more than offsets this loss of fluid intelligence. Eventually though, age catches up with us. Combine that with YC's very high bar (accepting the top 3% of applicants), and even a slight dulling due to aging would cause a discrepancy.
1. http://lesswrong.com/lw/4gi/age_fluid_intelligence_and_intel...
Only if you completely discount the value of experience.
> In almost every discipline, crystallized knowledge more than offsets this loss of fluid intelligence. Eventually though, age catches up with us.
At some point, gains from knowledge can't make up for decline in cognitive ability. For some disciplines, it usually happens sooner (mathematics). For others, it's typically later (biology). For startups, I bet it depends heavily on what the company is doing. But at some point, age makes one less likely to be in the top few percent.
Also, while experience is valuable, the value of experience is probably sub-linear. When learning a new skill, most important knowledge is acquired early on. After that, returns diminish.
Fortunately, for the startup incubators, there are few scientific endeavors that lead to a useful exit strategy. Unless, of course, you're trying to start a biotech or pharma startup. And at that point, you're 1-2 orders of magnitude more expensive as physical plant and even regulatory approval start to enter the picture. Medical endeavors are probably information based (deal with privacy and patient access issues, hence MD's) which is easier to handle. If they're medical devices, you'll face approval processes, I think, similar to pharma. Possibly faster in that there aren't so many steps in the clinical trial process - devices tend not to have a tox problem, for example.
Maybe in some part I'm arguing semantics ("either way, what appears to be a decline still occurs"), but to say that cognitive decline happens sooner when related to aptitude for maths as opposed to aptitude for biology is a little silly without a citation. Would love to read these articles if you have resources.
It's probably a mistake to write off an older adult's ability to learn. I would lean to heavily favour Elon's anecdote [4], "I do kinda feel like my head is full! My context switching penalty is high and my process isolation is not what it used to be. Frankly, though, I think most people can learn a lot more than they think they can. They sell themselves short without trying." --- more knowledge means you have the ability to be more discerning which can be more computationally expensive (and take longer), but it doesn't necessarily offset ability to learn. In fact, you could probably make a convincing argument that with proper pattern recognition you can learn the right things more quickly.
1. Plasticity in the human cerebral cortex: lessons from the normal brain and from stroke. http://www.ncbi.nlm.nih.gov/pubmed/15070490
2. Plasticity of the human brain ‐ “We never use the same brain twice” https://www.mpg.de/38899/hm09_PlasticityHumanBrain_basetext....
3. Improving fluid intelligence with training on working memory http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2383929/
4. https://www.reddit.com/r/IAmA/comments/2rgsan/i_am_elon_musk...
Many of the replies to my comments are misconstruing me. I'm not saying that older people are useless, or that they can't learn, or that they should be discriminated against. I'm simply saying that if you select the very best and blind yourself to age, your sample is likely to skew younger. This is due to the effects of aging, including the aging brain. Nobody contests this when it comes to sports, including mental ones such as chess. Why should it not also be true for startups?
1. http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2683339/pdf/nihm...