It is possible that Gillibrand believes that if she pursues the nomination, she will be the veep choice. That way, if she runs with one of the octogenarians, Bernie or Joe, she could end up on top after one term.
Now it is four years later and Bernie is 77. Some people might hold that against him, objecting to the fact that, after two terms, he would be in his mid-80s. That means that his vice presidential pick is going to be very important, what with the statistics leaning against Bernie.