by Garry Tan6/12/2025
After 12+ years, 25 batches, and working with more than a thousand startups, Dalton Caldwell is transitioning to Partner Emeritus at YC.
Dalton joined YC in 2011 and has contributed in a number of roles over the years, most recently as a Managing Partner. During his time here, he worked closely with founders and played a consistent role in how we support companies at the earliest stages.
He was also deeply involved in YC’s application process, helping to refine how we evaluate early-stage teams and identify founders with clarity, strong ideas, and product instincts. Over the years, he’s been a steady presence for founders navigating the earliest and often hardest parts of company-building.
Now, Dalton is stepping into a new role as co-founder of Standard Capital, an AI-native Series A firm he’s launching with Bryan Berg and our very own Paul Buchheit. It’s a natural next step for Dalton, and one we’re excited to support.
While he’s stepping back from day-to-day work at YC, he’ll remain part of the community as Partner Emeritus, continuing to be a resource to founders and alumni in a more limited capacity.
We appreciate Dalton’s many contributions to YC over the past decade and look forward to cheering him on in this next chapter and beyond.
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Garry is the President & CEO of Y Combinator. Previously, he was the co-founder & Managing Partner of Initialized Capital. Before that, he co-founded Posterous (YC S08) which was acquired by Twitter.