After over 12 years and advising more than 1,000 startups at Y Combinator, Dalton Caldwell is transitioning to Partner Emeritus and co-founding an AI-native Series A firm called Standard Capital. He expresses gratitude towards the founders he supported and his colleagues, emphasizing the transformative impact of AI on businesses.

Sam Altman emphasizes the importance of hiring driven and productive individuals over those with prestigious backgrounds, advocating for a focus on past accomplishments rather than experience alone. He highlights the principle of hiring for "slope"—the potential for growth and contribution—rather than the "y-intercept," or initial credentials, as a key hiring strategy for startups.