Recent Posts By Paul Graham

All Posts

Sam Altman for President

by Paul Graham2/21/2014

I’m delighted to announce that Sam Altman has agreed to become president of YCombinator starting next batch.  I’ll continue to do office hours with startups,but Sam is going to lead YC.Why the change?  Because YC needs to grow, and I’m not the best person to growit.  Sam is what YC needs at this stage in its evolution.I’m convinced there’s a fundamental change happening in the way work gets done. It’s becoming normal to start a startup.

New YC Partner Investment Policy

by Paul Graham1/31/2014

As of this batch we’re introducing a new policy for investments by YC partnersin the companies we fund.YC partners have invested in the startups we fund since the first batch. In thebeginning it was harmless, and occasionally even necessary. And other investorscouldn’t treat investments by YC partners as much of a signal when I was theonly one doing it, because I was so haphazard about it.