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tl;dr: immature companies have immature staffing policies.

It's not even remarkable, and may have nothing to do with ageism, although that will be the effective result if it concerns large parts of an industry. Just like the sexism and racism of tech, it's mostly about hiring policies mirroring the identity of the companies and the people who founded them.

It doesn't mean it shouldn't be addressed as a serious issue, because it hampers the industry and is detrimental to society, but in the long run, those companies will adapt or die.

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