The issue is that there are a lot of programmers who have a lot of years and who consider themselves senior who have very little programming ability. If you have been with a “senior” developer who had no idea how to program but was always telling other people what to do, because he was senior, you know the danger of hiring one of these.
The other thing about this is preparation. It is no secret how these companies are screening and interviewing. A truly senior developer who really wants the job, with a few weeks of practice for an hour every night can considerably improve their chances.